Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
Ratings agency Fitch on Tuesday downgraded the United States' long-term foreign currency ratings to AA+ from AAA, reflecting
2023-08-02 06:19
Starbucks' sales in China come roaring back
Starbucks' China business is back after dropping due to Covid restrictions last year.
2023-08-02 06:16
Allstate posts bigger loss as catastrophe claims rise
Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset
2023-08-02 06:16
Peru economy shrinks for two straight quarters, minister denies recession
Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two
2023-08-02 06:16
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:55
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:47
Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
2023-08-02 05:27
Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as
2023-08-02 05:27
Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited
2023-08-02 05:23
Lunchables is heading to the produce aisle with a fresh fruit snack tray
said
2023-08-02 04:58
An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison
The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements
2023-08-02 04:57
GM recalls more vehicles with Takata air bag inflators that could explode
General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments.
2023-08-02 04:54