Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case
A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for
2023-07-13 03:55
Wall Street Overhauls Euro Calls After Dollar Slide Upends Bets
Wall Street strategists are rejiggering their currency recommendations after the euro rose to its highest against the US
2023-07-13 03:55
Fed's Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden's three Federal Reserve Board nominees, including his pick
2023-07-13 02:54
Fed’s Beige Book Shows Uptick in Economy But Warns of Slowing
The US economy showed an overall increase in activity since late May, though most regions expect the pace
2023-07-13 02:28
Harris Convenes AI Meeting With Labor, Civil Rights Leaders
Vice President Kamala Harris convened a group of civil rights and labor leaders Wednesday to discuss the field
2023-07-13 02:18
With an Eye on 2024, Biden Touts Successful NATO Summit
President Joe Biden said the fate of democracy would be determined by decisions made by the US and
2023-07-13 02:16
Will cooling inflation help sell Bidenomics?
This weird post-pandemic, inflation-addled economy has been scrambling preconceived notions for years. And it is with that background that anyone should read this unquestionably good economic news: Inflation is unquestionably cooling.
2023-07-13 01:52
Chicago’s Nascar Offers Headache, Little Economic Gain
Nascar is about to hit the road in Chicago for the first-ever street race in its marquee series.
2023-07-13 01:27
Elon Musk Announces New Company xAI as He Seeks to Build ChatGPT Alternative
Elon Musk, who has hinted for months that he wants to build an alternative to the popular ChatGPT
2023-07-13 01:25
The US economy is defying expectations, says Biden's top economic adviser
The resiliency of the US economy is defying expectations — and the odds of a "soft landing" are improving, said Lael Brainard, President Joe Biden's top economic adviser, on Wednesday afternoon.
2023-07-13 01:25
Chile govt lowers forecast for 2023 economic growth
SANTIAGO Chile's government now expects gross domestic product (GDP) to grow 0.2% in 2023, Finance Minister Mario Marcel
2023-07-13 00:52
Dollar’s Epic Drop Sends Franc and Yen Surging as Traders Weigh Fed Path
A 14-month low in the US dollar is rippling through global currency markets as traders consider the impact
2023-07-13 00:50