Just days after pausing rate hikes, Fed official calls for more increases
The dust has barely settled on the Federal Reserve's decision to pause its aggressive rate-hiking campaign — but in public appearances Friday, central bank officials have a clear message: Keep hiking.
2023-06-16 23:56
Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract
Unionized UPS workers voted to authorize a strike on Friday, setting the stage for a potential work stoppage if the package delivery company and the Teamsters can’t come to an agreement on a new contract
2023-06-16 23:52
NBA suspends Ja Morant 25 games for latest social media incident involving a gun
Memphis guard Ja Morant has been suspended for the first 25 games of the upcoming season for his second known incident of displaying what appeared to be a firearm on social media
2023-06-16 23:28
Cyberattack Hits US Lab Contractor, Nuclear Waste Site
A contractor for US national laboratories and a radioactive waste storage site managed by the Department of Energy
2023-06-16 23:26
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS Rheinmetall will ramp up production of propellant power for ammunition at its plant in
2023-06-16 23:26
Putin touts Russian economy, says Ukraine's president is 'shame to Jewish people'
President Vladimir Putin is touting Russia’s prospects at the country’s main international economic forum despite heavy international sanctions imposed because of the war in Ukraine
2023-06-16 23:25
Anchorage, BlackRock Hire Adviser as SBB Battle Heats Up
A group of investors holding more than €1 billion ($1.09 billion) of SBB bonds have hired an adviser
2023-06-16 23:23
Fed see key services inflation elevated with few signs of easing
By Howard Schneider Inflation in key parts of the U.S. service industry "remains elevated and has not shown
2023-06-16 23:16
US Consumer Year-Ahead Inflation Expectations Lowest Since 2021
US short-term inflation expectations fell in early June to a more than two-year low, helping drive consumer sentiment
2023-06-16 22:49
Michael Jordan selling majority ownership stake in Charlotte Hornets
Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday
2023-06-16 22:48
NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK The New York Fed’s in-house economic forecasting model is predicting a notably
2023-06-16 22:47
Adobe Gains After Raising Forecasts on AI Features Roll-Out
Adobe Inc. shares gained after the company raised its full-year revenue and profit outlooks on optimism that generative
2023-06-16 22:27