US dollar dominance to persist for decades despite challenges - Moody's
By Saqib Iqbal Ahmed NEW YORK The U.S. dollar's dominance in international trade and finance will persist for
2023-05-26 00:50
Nvidia stuns markets and signals how artificial intelligence could reshape technology sector
Shares of Nvidia, already one of the world’s most valuable companies, are skyrocketing after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector
2023-05-26 00:21
Former Mozambique finance minister loses last appeal, set for extradition to US over $2B scandal
Mozambique's former finance minister has lost a last-ditch legal appeal in South Africa and faces extradition to the United States over a $2 billion corruption scandal related to loans to Mozambican state-owned companies
2023-05-26 00:20
Threat of US credit downgrade looms over debt ceiling talks
With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit
2023-05-26 00:18
Average long-term US mortgage rate rises to 6.57% this week, highest level since mid March
The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale
2023-05-26 00:18
Fed's Collins open to pausing rate hikes at June meeting
By Michael S. Derby NEW YORK Boston Federal Reserve President Susan Collins said on Thursday the time may
2023-05-25 23:57
Twitter's launch of DeSantis' presidential bid underscores platform's rightward shift under Musk
While shaky and skewered by critics, Twitter’s forum for Florida Gov. Ron DeSantis to announce his presidential run nevertheless underscored the platform’s unmistakable shift to the right under new owner Elon Musk
2023-05-25 23:54
American Airlines flags no earnings impact from NEA ruling
American Airlines Group Inc's Chief Financial Officer Devon May said on Thursday the court ruling on the Northeast
2023-05-25 23:52
Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation’s largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets
2023-05-25 23:52
Brazil to provide financing to auto industry, lower taxes
SAO PAULO Brazil's state development bank BNDES will provide 4 billion reais ($799.47 million) in dollar-denominated financing for
2023-05-25 23:52
Always®, International Paper, and Period Heroes Join Forces to Advocate for Federal Action to Help #EndPeriodPoverty in the U.S.
WASHINGTON--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 23:51
How to protect your investments and finances as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-25 23:45