The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The fear premium baked into Treasury bills once seen as most at risk of a US default due
2023-06-03 00:17
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:57
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:53
Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence
2023-06-02 23:52
Germany Needs €14 Billion to Make Gas and Heating Networks Clean
Germany expects the cost of transforming its natural gas and heating networks to reach as much as €14
2023-06-02 23:46
US Spy Chief Made a Secret Visit to China Last Month
CIA Director William Burns made a secret visit last month to Beijing, where he met with Chinese intelligence
2023-06-02 23:45
Here's the real reason Target's stock is dropping
If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target's stock price falling. It's not because of recent LGBTQ backlash, though.
2023-06-02 23:29
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:18
Bug in Chase Bank online banking causing double transactions, fees
Customers of Chase’s online banking services were seeing double transactions, fees and/or payments in their accounts, with the situation not immediately being resolved as of late morning on Friday
2023-06-02 23:16
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:58