Debt Deal Adds Brake on US Economy Already at Risk of Recession
The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind
2023-05-29 01:54
Erdogan Seals Election Victory in Turkey to Defy Naysayers
Turkish President Recep Tayyip Erdogan sealed an election victory that appeared unlikely just weeks ago, raising the prospect
2023-05-29 01:48
Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:52
Fed’s Goolsbee Warns US Default ‘Extremely Negative’ For Economy
Federal Reserve Bank of Chicago President Austan Goolsbee expressed optimism that there’s bipartisan support for a tentative deal
2023-05-29 00:24
InfraBuild Secures $350 Million Loan For Purchasing US Assets
InfraBuild Australia Pty, part of Sanjeev Gupta’s metals empire, has secured an asset-backed term loan for $350 million
2023-05-28 23:26
Nvidia CEO Says Those Without AI Expertise Will Be Left Behind
Firms and individuals should familiarize themselves with artificial intelligence or risk losing out, according to Nvidia Corp. co-founder
2023-05-28 22:47
Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about
2023-05-28 22:18
McCarthy Says Debt Deal ‘Doesn’t Do Everything for Everyone’
House Speaker Kevin McCarthy acknowledged that the debt-ceiling deal negotiated with the White House is likely to face
2023-05-28 21:56
The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street
A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes
2023-05-28 20:56
Rolls-Royce May Cut Thousands of Jobs in Turnaround Plan, The Times Reports
Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by McKinsey & Co.
2023-05-28 20:27
Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the
2023-05-28 20:27
Czech Central Banker Holub Favors Raising Interest Rates Further
The Czech central bank should raise interest rates further to prevent high inflation from becoming entrenched in the
2023-05-28 20:25