Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:54
SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week,
2023-06-22 00:52
Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives
Bitcoin approached $30,000 for the first time since April, buoyed by crypto initiatives involving major players from the
2023-06-22 00:28
Volkswagen Maps Out Profit Push With Brands Getting More Autonomy
Volkswagen AG’s boss has handed the company the tall order of raising returns while making the switch to
2023-06-22 00:25
Odey Funds Bleeding Assets Remain Open to Retail Investors
Funds run by Odey Asset Management and its affiliate have been facing an uncertain future after many partners
2023-06-21 21:59
Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:58
PIF-Backed Oil Driller Gets Approval for $1 Billion Riyadh IPO
Ades Holding, the oil and gas driller backed by Saudi Arabia’s sovereign wealth fund, has received regulatory approval
2023-06-21 21:45
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:23
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:48
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:24
Apple’s Taiwan Suppliers See Sales Falter Again on Slow Demand
Revenue among Taiwan’s major Apple Inc. suppliers fell for a fourth straight month in May, as high living
2023-06-21 14:25
Plunging Solar Stocks Fly in Face of Booming Panel Demand
In many ways the solar power industry has never been better, as the race to slow the pace
2023-06-21 13:49