American consumers are growing worried about a US debt default
US consumer sentiment worsened in May as Americans grew concerned about the economy's direction and a potential default of the US government's debt, according to a preliminary report from the University of Michigan Friday.
2023-05-13 00:22
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
2023-05-12 23:57
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
2023-05-12 23:57
CRN Spotlights Twenty-Four Ingram Micro Executives on the 2023 Women of the Channel List; Honors Three to Power 100
IRVINE, Calif.--(BUSINESS WIRE)--May 12, 2023--
2023-05-12 23:53
China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
2023-05-12 23:53
More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
2023-05-12 23:51
Google to pay $8 million to settle claims of deceptive ads -- Texas AG
WASHINGTON Google, a unit of Alphabet, has agreed to pay $8 million to settle claims it used deceptive
2023-05-12 23:48
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
2023-05-12 23:29
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:24
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S.
2023-05-12 22:59
Global equity funds see 4th week of outflows on slowdown worries
By Patturaja Murugaboopathy Global equity funds witnessed a fourth successive weekly outflow in the week ended May 10,
2023-05-12 22:59
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
2023-05-12 22:49