US rate futures see slightly higher chance of Sept hike after Powell's comments
NEW YORK U.S. interest rate futures on Wednesday saw an increased probability of another interest rate increase by
2023-07-27 03:53
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
U.S. Facebook users have one more month to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay late last year
2023-07-27 03:49
Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations
A prosecutor has asked a judge to immediately jail FTX founder Sam Bankman-Fried, saying he violated his bail conditions by releasing information meant to harass a key witness against him
2023-07-27 03:28
DeSantis appointees reach deal with Disney World's firefighters, capping years of negotiations
The board of Walt Disney World’s governing district now filled with Gov. Ron DeSantis appointees has approved a contract for its firefighters, ending years of contentious negotiations
2023-07-27 03:26
Fed staff no longer forecasting U.S. recession, Powell says
WASHINGTON U.S. Federal Reserve Chair Jerome Powell said on Wednesday that Fed staff are no longer forecasting a
2023-07-27 03:25
Canada: Prime Minister holds major cabinet shakeup
In seeking a fourth term, Justin Trudeau has overhauled his team ahead of Canada's next election.
2023-07-27 03:16
Congressional Budget Office predicts slower economic growth and 4.7% unemployment into 2024
The Congressional Budget Office reports that economic and job growth so far this year has been stronger than forecast in February, but an updated outlook sees parts of the economy as weakening through 2024
2023-07-27 02:57
Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations
US prosecutors asked a federal judge to detain former FTX CEO Sam Bankman-Fried over allegations of witness-tampering.
2023-07-27 02:52
Brazil's finance minister expects interest to fall to 'at least' 12% by year-end
BRASILIA Brazil's Finance Minister Fernando Haddad said on Wednesday that he expects the basic interest rate to fall
2023-07-27 02:48
Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
The Federal Reserve raised interest rates to the highest level in 22 years and Chair Jerome Powell said
2023-07-27 02:46
U.S. House spending bill clears procedural hurdle in party-line vote
WASHINGTON The first of 12 fiscal 2024 spending bills overcame a procedural hurdle in the Republican-controlled U.S. House
2023-07-27 02:23
Rob Manfred's term as baseball commissioner extended until 2029 by MLB owners
Baseball Commissioner Rob Manfred’s term was extended until 2029 on Wednesday by major league owners
2023-07-27 02:18