Surging Treasury yields upend stock market's "bond proxies"
By Lewis Krauskopf NEW YORK Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with
2023-10-07 00:51
Codelco says reassessing costs of projects to upgrade mines
By Pratima Desai and Julian Luk LONDON Chile's Codelco, the world's largest copper producer, is reassessing the costs
2023-10-07 00:49
Russian Court Drops Case Against Billionaire Melnichenko
A Russian court dropped a case against sanctioned billionaire Andrey Melnichenko and the companies linked to him after
2023-10-06 19:47
Nestle shares at two-year low as investors weigh Wegovy rollout
Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's blockbuster weight-losing
2023-10-06 17:45
Who Is Anthony Pratt, the Billionaire Trump Allegedly Shared Nuclear Secrets With?
Australian billionaire Anthony Pratt has been hurled into the spotlight after US press reports alleged that former President
2023-10-06 12:23
Rithm Scraps Higher Sculptor Bid After Och’s Support Wavers
Rithm Capital Corp. scrapped plans to increase its offer for Sculptor Capital Management Inc. to $12.20 a share
2023-10-06 12:15
Taiwan probes four firms accused of helping China's Huawei
TAIPEI Taiwan's government has opened an investigation into four companies named in a media report as conducting business
2023-10-06 10:48
Sam Bankman-Fried Told MIT Friend $8 Billion Hole Meant FTX Wasn’t ‘Bulletproof’
FTX co-founder Gary Wang took the stand at Sam Bankman-Fried’s trial and almost immediately said he and his
2023-10-06 04:55
Gas prices could fall to $3.25 by Halloween as oil plunges
After spiking to alarming levels just last week, oil prices are suddenly in free-fall mode. The dramatic reversal should bring relief to drivers (and nervous central bankers) very soon.
2023-10-06 00:53
Dubai Cements Status as World’s Busiest Luxury Property Market
Dubai cemented its status as the world’s busiest market for luxury homes with buyers pouring $1.59 billion into
2023-10-05 16:29
Powerball jackpot soars to an estimated $1.4 billion for Saturday's drawing
The Powerball jackpot soared to an estimated $1.4 billion for Saturday -- which would be the third largest jackpot in the game's history -- after Wednesday night's drawing turned up no grand prize winner.
2023-10-05 13:58
Milan’s Push to Lure World’s Wealthy Stokes Boom and Backlash
Milan has become a mecca for the wealthy, but the downsides of that shift are starting to show.
2023-10-05 12:52