Philippines Cautious About Raising Rates Too Much, Governor Says
The Philippine central bank will exercise caution against “too much” monetary tightening to avoid crimping economic growth, according
2023-08-07 00:25
'Barbie' makes history with $1 billion at the box office
"Barbie" has answered the billion-dollar question with a resounding "yes." Barely three weeks into its run, writer-director Greta Gerwig's blockbuster has raked in an astounding $1.03 billion at the global box office, Warner Bros. reports. This makes Gerwig the first female director with a billion-dollar movie.
2023-08-06 23:45
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:29
Netanyahu Is Pulling Back on Judicial Revamp, Urging Market Calm
Israel’s Prime Minister Benjamin Netanyahu said he won’t pursue the entire judicial overhaul originally planned by his government,
2023-08-06 22:50
Dan Loeb Surrendered but Meme Army Still Hits Bears for Millions
Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short
2023-08-06 21:50
Bidenomics Boosts US Economy, Fanning Soft-Landing Hopes, Inflation Fears
The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the
2023-08-06 20:48
DeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping Away
Ron DeSantis promised a reset of his presidential campaign. Many of his campaign staffers are still waiting. Several
2023-08-06 19:56
Pound’s Glory Days Are Over as Bets on Ever-Higher Rates Fade
The pound’s unexpected rally this year may have finally run out of steam as the Bank of England
2023-08-06 15:17
China Is Losing Out as Global Funds Chase Returns in Japan Stocks
Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s
2023-08-06 08:26
World Gold Council on What Drives the Shiny Metal’s Price
During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can
2023-08-06 06:26
High-Risk Loans Return as Recession Risk Fades
It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank
2023-08-06 03:18
Wall Street Forecasts Project Profit Recession Ends Next Quarter
With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad
2023-08-06 01:26