Fed officials debated need for rate hike at last meeting, minutes show
Federal Reserve officials were divided at their last meeting as to whether or not another rate hike was needed to slow the economy, according to minutes from the central bank's May policymaking meeting, released Wednesday afternoon.
2023-05-25 02:18
Industrial suppliers face a rocky road if U.S. defaults on debt- AEM
By Aishwarya Nair A failure to break the deadlock on raising the U.S. debt ceiling before the deadline
2023-05-25 01:45
Microsoft Appeals UK Decision to Block Activision Mega Deal
Microsoft Corp. formally filed its appeal against the UK antitrust watchdog’s decision to block its $69 billion Activision
2023-05-25 01:28
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:57
Citi Drops $7 Billion Banamex Sale That Drew AMLO Scrutiny
Citigroup Inc. plans to sell shares of its Banamex unit in an initial public offering, ending talks for
2023-05-25 00:49
Don't expect markets to rejoice if a deal is reached on the debt ceiling
Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can't always get what they want.
2023-05-25 00:26
Abercrombie & Fitch Soars on Profit Beat, Improved Full-Year Outlook
Abercrombie & Fitch Co. shares soared the most in more than four years on Wednesday after the company
2023-05-24 23:45
Mexico Inflation Slows Past Forecasts as Banxico Halts Hikes
Mexico’s inflation decelerated more than expected in early May, according to a report published less than a week
2023-05-24 22:28
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
2023-05-24 21:59
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:58
Debt-Limit Talks Stall as Time Runs Short to Avert US Default
Debt limit talks in Washington have hit a fresh impasse with negotiators far apart on key issues, especially
2023-05-24 21:19
EU, U.S. to seek stopgap standards for AI - EU tech chief
By Philip Blenkinsop BRUSSELS The European Union and the United States are set to step up cooperation on
2023-05-24 21:17