Bank of Canada cut 2023 growth forecast, sees persistently high inflation
OTTAWA, Oct 25 The Bank of Canada on Wednesday cut its 2023 growth forecast to 1.2% from the
2023-10-25 22:26
IMF says Israel-Hamas war likely to hit neighboring economies
The Israel-Hamas war is likely to hurt other economies in the Middle East, including Egypt, Lebanon and Jordan, International Monetary Fund (IMF) managing director Kristalina Georgieva said Wednesday.
2023-10-25 22:19
Sternlicht Says US Rates Need to Drop on Debt Costs: FII Update
Starwood Capital Group’s Barry Sternlicht said the Fed will be forced to halt rate hikes as the pace
2023-10-25 21:51
Air Force One debacle: Boeing has now lost more than $1 billion on each on the president's two new jets
Cost overruns for the new Air Force One jets continue to pile on massive losses for Boeing.
2023-10-25 21:49
Derailment costs grow for Norfolk Southern but railroad's trains moving more smoothly
The costs related to the East Palestine derailment continue to grow to reach $966 million for Norfolk Southern, but the railroad's service is improving and its insurance companies have started to pay their share of the cost of the crash in eastern Ohio early this year
2023-10-25 21:48
Bud Light scores mega deal to become the official beer of UFC
Bud Light might be experiencing a knockout of its own, but this time it's on purpose.
2023-10-25 21:22
Stellantis Nears Deal to Buy 20% of Chinese EV Maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang
2023-10-25 20:59
EU Courts Africa in Early Push to Counter Chinese Spending
The European Union and the US will launch the groundwork for a strategic corridor to connect resource-rich Democratic
2023-10-25 20:58
BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and
2023-10-25 20:49
Boeing trims annual 737 delivery target due to supplier errors
(Reuters) -Boeing on Wednesday cut its 737 delivery forecast for this year due to quality issues at supplier Spirit AeroSystems,
2023-10-25 20:26
U.S mortgage rates soar to highest in more than 23 years
The interest rate on the most popular U.S. home loan last week jumped to the highest since September
2023-10-25 20:20
Americans ran up $105 billion in credit card interest last year alone
Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop.
2023-10-25 20:18