Another massive autoworkers strike expansion: 5,000 UAW workers walk off at GM's biggest plant
The United Auto Workers union announced a surprise targeted strike against General Motors' Arlington Assembly plant in Texas on Tuesday morning. 5,000 members walked off the job, joining the now 45,000 UAW members on the picket lines. This expanded strike impacts GM's Chevy Tahoe, Chevy Suburban, GMC Yukon and Cadillac Escalade.
2023-10-24 22:55
US regulators unveil updated fair lending rules for banks
By Pete Schroeder WASHINGTON U.S. banking regulators are set to adopt new rules to modernize fair lending standards
2023-10-24 21:56
Oil traders race to negotiate deals after US eases Venezuela sanctions
By Marianna Parraga, Laura Sanicola and Arathy Somasekhar HOUSTON Global energy traders are emerging as early buyers of
2023-10-24 21:26
EU says jury still out on U.S. green subsidy impact
BRUSSELS More than a year after the U.S. Inflation Reduction Act (IRA) was signed into law, the European
2023-10-24 21:00
Hong Kong may seek to kick-start ailing property market in policy address
By James Pomfret and Clare Jim HONG KONG Hong Kong is expected to announce lower stamp duties for
2023-10-24 20:53
Donor revolt at Harvard and UPenn over Israel shows big checks often have strings attached
Big money donations are booming at America's colleges, helping fund higher education for millions of students.
2023-10-24 20:21
The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:58
Coke raises full-year sales forecast after stronger-than-expected third quarter
Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter
2023-10-24 19:54
As Israel-Hamas war rages, finance chiefs meeting in Saudi pessimistic
By Hadeel Al Sayegh and Rachna Uppal RIYADH Wall Street's top financiers struck a pessimistic tone about the
2023-10-24 18:52
Dow quarterly profit beats estimates on higher product prices
Dow Inc beat Wall Street estimates for third-quarter profit on Tuesday, as the chemicals maker benefited from higher
2023-10-24 18:27
US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:55
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:50