Online Luxury Retailer Farfetch Surges as Consumers Keep Splurging
Farfetch Ltd shares jumped as much as 23% in after-hours trading following financial results that beat Wall Street’s
2023-05-19 05:56
G-7 to Chase Russia’s Diamonds While Stopping Short of Total Ban
Group of Seven countries will agree to work together to track Russian diamonds, but stop short of slapping
2023-05-19 05:46
US and Taiwan Agree on Trade Initiative in Bid for Closer Ties
The US and Taiwan agreed to boost trade ties, the first tangible results under an initiative announced last
2023-05-19 05:28
Teva Plans to Cut Back Generic Drug Production Even As Shortages Intensify
Teva Pharmaceutical Industries Ltd. plans to cut back manufacturing of generic drugs, citing low profitability, at a time
2023-05-19 05:17
New York Bills That Cap Key EM Debt Payouts Rile Pimco, Fidelity
Major investors from Pacific Investment Management Co. to Fidelity Investments are pushing back against New York bills that
2023-05-19 04:53
Biden Intends to Pick Lawyer Anna Gomez for FCC to End Agency Deadlock
President Joe Biden intends to select veteran government lawyer Anna Gomez to serve on the Federal Communications Commission
2023-05-19 03:49
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico halted its steepest-ever series of interest rate rises and promised to keep them stable for an extended
2023-05-19 03:15
Biden Faces Progressive Backlash Against Any Debt-Limit Concessions
President Joe Biden faces a fervent campaign from progressive Democrats opposing potential concessions to Republicans to avert a
2023-05-19 02:57
Exxon Says Reaching Net Zero Global Emissions by 2050 ‘Highly Unlikely’
Exxon Mobil Corp. said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is
2023-05-19 02:50
US Existing-Home Sales Fall to Three-Month Low, While Prices Retreat
Sales of previously owned US homes fell in April, restrained by limited inventory and high mortgage rates, while
2023-05-19 01:55
Mortgage Rates in US Resume Climb After Falling for Two Weeks
Mortgage rates in the US increased for the first time this month. The average for a 30-year, fixed
2023-05-19 00:17
Maverick Capital Reveals Early Ties to ChatGPT’s Sam Altman
Lee Ainslie’s hedge fund firm backed ChatGPT’s creator long before the chatbot became synonymous with the artificial-intelligence boom.
2023-05-18 23:46
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