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 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
Trafigura Proposed Fake Nickel Deals, Says Man It Blames
The man accused by Trafigura Group of being behind a $590 million nickel fraud finally responded to the
2023-07-13 02:26
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
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
Democrats Want Inquiry on GOP’s ‘Duping’ by Hunter Biden Accuser
Democrats unsuccessfully sought an immediate US House inquiry into whether Republican lawmakers leveling accusations of corruption against presidential
2023-07-13 00:17
White House cheers ‘Bidenomics’ as inflation rises by only 0.2%
The Bureau of Labor Statistics reported that inflation ticked up by only 0.2 per cent in June and had its lowest 12-month increase in more than two years in a welcome turn of events for President Joe Biden. The Consumer Price Index for All Urban Consumers showed that inflation rose 0.2 per cent last month after it had only ticked up 0.1 per cent in May, in a sign that inflation is easing up. Meanwhile, the all-items index rose 3.0 per cent for the past twelve months ending in June, its lowest 12-month increase since March of 2021.
2023-07-12 21:57
European Gas Falls to Lowest in a Month as Troll Set to Resume
European natural gas fell to the lowest level in a month on expectations that seasonal maintenance will ease
2023-07-12 21:28
Microsoft, Activision Deal May Need New UK Probe
Britain’s antitrust watchdog said that a new merger investigation into Microsoft Corp.’s $69 billion Activision Blizzard Inc. deal
2023-07-12 20:26
Italian Football Club Wins Long Delay on State-Backed Loans
A struggling Italian football club has won a reprieve on its state-backed loans in an unusual deal that’s
2023-07-12 20:22