
CBO: US debt will spike to record high by 2029, despite debt ceiling deal
US debt held by the public will climb to a record high of 107% of gross domestic product in 2029, the nonpartisan Congressional Budget Office projected on Wednesday.
2023-06-30 00:47

H&M leads Europe's STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying
2023-06-30 00:26

European Markets Get a Step Closer to a Consolidated Tape
The European Union cleared a significant hurdle toward unifying its financial markets with a provisional deal to create
2023-06-29 23:56

Citadel Securities Is Muscling Its Way Into Credit Trading
Ken Griffin’s market-making powerhouse is challenging Wall Street banks on their own turf as it enters the multi-trillion-dollar
2023-06-29 23:22

Italy may have dodged a 'pasta strike' but food inflation is still high. Here's why
Italians were supposed to be on a "pasta strike" this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far higher than a year ago, despite precipitous drops in the cost of key raw materials.
2023-06-29 22:51

Billionaire Gilinski Bids $836 Million for Colombia’s Exito
Jaime Gilinski made an unsolicited $836 million cash offer for Colombian retailer Almacenes Exito just a month after
2023-06-29 22:49

Overstock.com is changing its name. It's one you may recognize
Overstock.com, one of the biggest names in e-commerce, is ditching its name for something just as recognizable: Bed Bath & Beyond.
2023-06-29 22:27

Volkswagen's Audi to replace CEO Duesmann with Gernot Doellner
FRANKFURT Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot
2023-06-29 22:26

US Pending-Home Sales Drop to Lowest This Year on Limited Supply
US pending home sales in May fell to the lowest level this year as high mortgage rates and
2023-06-29 22:24

Alkermes beats back board room challenge from Sarissa Capital Management, all directors re-elected - sources
By Svea Herbst-Bayliss NEW YORK Shareholders in Alkermes have re-elected all of the biotechnology company's directors, according to
2023-06-29 22:22

Energy crisis and inflation push more German firms into insolvency - study
The number of German firms pushed into insolvency rose in the first half of this year at the
2023-06-29 22:19

What could break as interest rates rise?
LONDON Markets are on the alert to which sectors will buckle under the sharpest jump in interest rates
2023-06-29 22:18