Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
2023-06-22 22:53
First on CNN: Bill would give Biden new powers to prepare for the next pandemic
The Covid-19 pandemic exposed caused a frantic scramble for masks, respirators and other gear to fight the virus. Now, a bipartisan effort in Congress is attempting to ease US reliance on countries like China for critical medical supplies, before the next disaster.
2023-06-22 22:23
Warren Buffett's charitable giving tops $51 billion
By Jonathan Stempel Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting
2023-06-22 22:19
Stock market today: Wall Street follows global markets lower after more rate hikes
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 21:54
Big central banks are still hiking rates but eye the end
LONDON Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even
2023-06-22 21:19
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:54
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:50
Stock market today: Wall Street futures follow global shares lower on rate hikes galore
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 20:48
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
2023-06-22 20:28
EU Seeks Further US Remedies Over Green Stimulus Spat
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s
2023-06-22 20:28
Foes of Myanmar's military regime applaud new US sanctions, but want action to block gas revenues
Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation
2023-06-22 19:53
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
Turkey's central bank hiked interest rates to 15% from 8.5% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.
2023-06-22 19:29