Oil Retreats as Fed’s Rate Signal Eclipses Decline in Stockpiles
Oil fell after the Federal Reserve signaled that at least one more interest-rate hike is possible this year
2023-09-21 17:50
Next Raises Guidance Again as Wage Gains Boost Shoppers
Next Plc raised its forecast for the third time in recent months as inflation-linked pay rises and better
2023-09-21 16:57
Toshiba is set to delist in Japan after 74 years as part of $14 billion deal
Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a deal which paves the way for the embattled industrial conglomerate to go private.
2023-09-21 15:22
Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024
Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in
2023-09-21 14:45
Ex-Morgan Stanley Prime Broker Plans $3 Billion Hedge Fund
Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly
2023-09-21 13:50
Xi to Meet Syria’s Assad on First China Visit in Nearly 20 Years
Chinese leader Xi Jinping will meet Syrian President Bashar Al-Assad during a visit to the world’s No. 2
2023-09-21 12:17
Fall in Korean Exports Moderates in Hopeful Sign for Economy
South Korea’s trade data indicated the trend toward declining exports moderated further in the first part of September,
2023-09-21 09:48
FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:48
Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, “meant what he said” when he made a series of antisemitic and offensive remarks last year
2023-09-21 07:23
New Zealand second-quarter GDP rises faster than expected
By Lucy Craymer WELLINGTON New Zealand's economy grew more than expected in the second quarter supported by better
2023-09-21 07:15
Winter expected to be costlier for those who heat with oil. But natural gas heat users will finally get a break.
After several years of skyrocketing winter heating costs, millions of Americans are expected to finally get a little relief this coming season — if they heat their homes with natural gas, that is.
2023-09-21 05:52
US employers to see biggest healthcare cost jump in a decade in 2024
By Leroy Leo and Khushi Mandowara U.S. employers are bracing for the largest increase in health insurance costs
2023-09-21 02:19