Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:18
Are investors finally nervous about the US debt ceiling?
US financial markets falter as debt ceiling talks continue. So is Wall Street getting nervous?
2023-05-25 03:47
Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show
By Howard Schneider WASHINGTON Federal Reserve officials "generally agreed" last month that the need for further interest rate
2023-05-25 02:19
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
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
Target removes some LGBTQ products after threats
The company says the move is to protect its employees amid "confrontational behaviour" in some stores.
2023-05-24 11:29
South Africa could become failed state, says ANC's Fikile Mbalula
Fikile Mbalula says that incessant power cuts in South Africa have "made a mess of our country".
2023-05-23 20:56
Indian banks start exchanging withdrawn 2,000-rupee notes
The 2,000-rupee notes have been withdrawn, sparking concerns and confusion.
2023-05-23 14:57
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:17
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
2023-05-22 02:29
G7 Summit: Africa seeks new role as nations eye its resources
As wealthy nations compete, Africa wants to keep more of the benefits from its natural resources.
2023-05-20 07:53