Little progress has been made in curbing too high inflation, Fed's Jefferson says
Federal Reserve governor Philip Jefferson says inflation remains too high and there has been “little progress” made toward bringing it down to the central bank’s 2% target
2023-05-13 08:50
Popular China Stock Trade Runs Into Geopolitical, Growth Risks
Intensifying geopolitical tussle and dimming economic outlook is threatening to nip one of the few winning China stock
2023-05-13 08:28
US regulator urges recall of 67m airbag inflators
The parts maker rejected the request, saying investigators had not found any "systemic" defects.
2023-05-13 08:22
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:20
Fed's Bullard: disinflation prospects 'good' but not guaranteed
PALO ALTO, Calif. St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the
2023-05-13 08:20
Fed's Jefferson, Biden's vice chair pick, says Fed 'on track'
PALO ALTO, Calif. The Federal Reserve is "on track" to doing what is necessary to meet the two
2023-05-13 08:20
McDonald's found liable after child suffers burns from 'hot' chicken nuggets, Florida jury finds
A South Florida jury returned a split verdict in a civil lawsuit filed against McDonald's and one of its franchisees that alleged "dangerously hot" chicken nuggets from a Happy Meal burned a toddler, according to CNN affiliate WPLG.
2023-05-13 08:19
Bank of Canada names longtime executive Mendes as deputy governor
By Ismail Shakil OTTAWA (Reuters) -The Bank of Canada (BoC) said on Friday it has picked longtime central bank executive
2023-05-13 08:15
Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
A former executive at TikTok’s parent company ByteDance accuses the tech giant of serving as a “propaganda tool” for the Chinese government
2023-05-13 07:52
Atlantic City casino can't live without a beach, so it's rebuilding one
What’s an ocean without a beach
2023-05-13 07:47
Newsom Proposes Cutting Transit Funding as Systems Beg for Cash
California Governor Gavin Newsom on Friday rejected calls to further subsidize public-transit operators, while slashing funding for new
2023-05-13 07:46
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK Soros Fund Management, the family office of billionaire George Soros, slashed its stakes
2023-05-13 07:22