iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52
Atlanta Fed's Bostic acknowledges more financial disclosure issues
By Michael S. Derby NEW YORK Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged Thursday more issues
2023-06-16 03:22
Scrutiny of PGA Tour's Saudi deal intensifies as Senate Finance Committee launches investigation
The backlash to the proposed merger between the PGA Tour and LIV Golf intensified as Senate Finance Committee Chairman Ron Wyden, D-Oregon, opened an investigation into the deal on Thursday.
2023-06-16 02:46
How the Fed hid a rate hike in its rate "cuts" for 2024
By Howard Schneider WASHINGTON The outlook from U.S. Federal Reserve officials at their meeting this week sees interest
2023-06-16 00:51
DeSantis signs record Florida budget, a campaign-ready spending plan boosted by federal dollars
Florida Gov. Ron DeSantis on Thursday signed his state's budget, a $117 billion spending plan filled with priorities that have already become fodder for the Republican's 2024 presidential campaign.
2023-06-15 23:58
Prosecutors offer to drop 5 charges against Sam Bankman-Fried if judge sets second trial
Federal prosecutors agreed to drop five of the 13 criminal charges against FTX founder Sam Bankman-Fried if the court would set a second trial for those charges early next year.
2023-06-15 23:57
US retail sales rose in May
Spending at US retailers rose last month, in a sign that consumers are still fueling the economy.
2023-06-15 22:59
U.S. West Coast port customers 'relieved' by tentative labor deal
By Lisa Baertlein LOS ANGELES The National Retail Federation on Thursday said its members were "relieved" that U.S.
2023-06-15 22:48
U.S. House Republicans target deeper spending cuts, raising shutdown threat
By David Morgan WASHINGTON U.S House of Representatives Republicans on Thursday adopted government spending targets for the next
2023-06-15 22:28
US retail sales rise in May; weekly jobless claims unchanged
WASHINGTON U.S. retail sales unexpectedly rose in May as consumers bought motor vehicles and a range of other
2023-06-15 20:46
Futures falter as Fed forecasts further rate hikes
(Reuters) -U.S. stock index futures fell on Thursday as the Federal Reserve signaled that borrowing costs could increase further this
2023-06-15 19:53
Factbox-Wall Street banks expect Fed to hike rates in July
A few major U.S. banks expect the Federal Reserve to deliver another 25-basis-point rate hike in July after
2023-06-15 18:56