'The numbers speak for themselves.' Fitch defends US debt downgrade
Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation's mountain of debt.
2023-08-03 00:47
Covestro Sees Earnings in Lower Half Amid Takeover Talks
Covestro AG said full-year profit is expected to come in at the lower half of its guidance range
2023-08-01 14:22
Software Provider New Relic to Go Private in $6.5 Billion Deal With Francisco, TPG
Francisco Partners and TPG have agreed to buy software provider New Relic Inc. in a go-private deal that
2023-07-31 22:53
House Republicans aren't done slashing food assistance and fighting over social issues
After clamping down on food stamps in the debt ceiling deal, House Republicans now want to take a whack at WIC, the food assistance program for low-income women, infants and young children.
2023-07-31 19:24
Rheinmetall plans tank repair centre in Ukraine after summer break -CEO
BERLIN Germany's Rheinmetall plans to set up a repair centre in Ukraine for Leopard tanks and other war
2023-07-28 19:22
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21
European Stocks Slide as LVMH Earnings Weighs on Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 17:57
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK Property markets knocked by high interest rates and the end
2023-07-26 15:16
Porsche's iconic 911 to be sole survivor of automaker's combustion models
By Nick Carey LONDON Porsche has a plan to gradually electrify its car lineup so that electric vehicles
2023-07-26 14:21
Billionaire Leon Black made a $158 million payment to Jeffrey Epstein. Senators want to know why
The Senate Finance Committee is looking into whether billionaire investor Leon Black's $158 million payment to disgraced financier Jeffrey Epstein was part of a greater strategy to avoid paying over $1 billion in federal gift and estate taxes.
2023-07-26 01:18
These Covid-19 pandemic-era relief programs are expiring soon
Millions of people are set to lose Covid-19 pandemic-era benefits this fall -- specifically, the student loans payment pause, child care provider stabilization funds, the suspension of work requirements for food stamps and continuous Medicaid coverage.
2023-07-25 17:23
Strong leftover Yeezy sales could reduce Adidas' expected operating loss
Strong sales of leftover Yeezy inventory is helping Adidas recoup some of its losses.
2023-07-25 04:53