Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:52
US consumer prices rise modestly in June; core inflation slowing
WASHINGTON U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two
2023-07-12 20:50
US 30-yr mortgage rate tops 7% for first time since last fall
The interest rate on the most popular U.S. home loan leapt back over 7% last week for the
2023-07-12 19:57
Futures edge up in cautious optimism ahead of inflation data
By Johann M Cherian and Bansari Mayur Kamdar U.S. stock index futures edged higher on Wednesday as investors
2023-07-12 19:20
Audi in talks to buy Chinese automaker SAIC's EV platform -sources
SHANGHAI Germany's Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the
2023-07-12 17:59
How Biden's SAVE student loan repayment plan can lower your bill
While the Supreme Court struck down President Joe Biden's student loan forgiveness program last month, a separate and significant change to the federal student loan system is moving ahead.
2023-07-12 17:24
Largest UK Lenders Pass Latest Bank of England Stress Tests
The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined
2023-07-12 14:50
AXA weighs offloading $2 billion reinsurance arm to cut disaster risk - sources
By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) -One of the world's top insurers is mulling offloading its
2023-07-12 13:49
India CEO criticised for picking AI bot over human staff
Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff.
2023-07-12 13:28
Actors union agrees to 11th hour mediation effort, but strike still looms
The union representing 160,000 actors said on Tuesday it has agreed to a request from studios and streaming services to meet with federal mediators over contract negotiations but is still prepared to go on strike at 11:59 pm PDT on Wednesday unless a deal is reached.
2023-07-12 12:45
Back-to-school spending set for first decline in nine years as inflation bites - report
By Deborah Mary Sophia Back-to-school spending is expected to fall for the first time in nine years as
2023-07-12 12:27
UAW president says union prepared to strike Detroit Three
By David Shepardson The head of the United Auto Workers, which represents 150,000 U.S. hourly workers at General
2023-07-12 05:50