Rand Seen Getting a Boost From Better South African Power Supply
South Africa’s rolling blackouts have been blamed by strategists as the single biggest factor weighing on the rand.
2023-08-16 21:51
What are 'Big Short' Michael Burry and Warren Buffett seeing that we aren't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 21:20
US Housing Starts Advanced in July on Single-Family Construction
New US home construction rose in July on strength in single-family projects amid limited supply in the resale
2023-08-16 21:18
27 Boston Market restaurants ordered closed in New Jersey for unpaid wages
New Jersey ordered more than two dozen Boston Market locations to close Tuesday because regulators found "multiple violations of workers' rights," including failure to pay wages, and fined the restaurant chain nearly $2.6 million.
2023-08-16 20:25
Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
2023-08-16 19:24
Slimfast Fades as Dieters Turn to Weight Loss Drugs
Sales of SlimFast, the meal replacement shakes, have dropped in the US as people turn to new blockbuster
2023-08-16 18:28
The Midwest Is Ground Zero for the Fight Over Carbon Capture Pipelines
Deadly rupture. Groundwater contamination. Earthquake triggers. One after another, residents from across Iowa fired off their concerns at
2023-08-16 18:24
Europe Heat Builds as Some French Citizens Told to Stay Home
The heat wave that’s baking continental Europe is spreading further as citizens in southeast France were told to
2023-08-16 18:21
Russia could reintroduce compulsory sale of FX revenues 'at any moment' -source
MOSCOW Russian authorities are discussing bringing back the compulsory sale of foreign currency revenues for exporters, five sources
2023-08-16 17:59
Activists Sue South Africa’s Environment Authorities Over Arcelor Pollution
South Africa’s environment minister, and the national air-quality officer and the local unit of ArcelorMittal SA have been
2023-08-16 17:54
Argentine Peso to Slide 70% by Next Year, BofA Says
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according
2023-08-16 17:53
Germany, Spain in Contest for $4.8 Billion Indian Submarine Deal
Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build
2023-08-16 17:23