Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans
Federal Reserve Chair Jerome Powell will begin two days of hearings before Congress on Wednesday that will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here
2023-06-21 12:22
Oil prices ease as bearish China data fuels demand concerns
By Yuka Obayashi TOKYO Oil prices eased in early trade on Wednesday as concerns over slow demand from
2023-08-09 09:22
Safety concerns dominate Norfolk Southern railroad CEO's job since Ohio derailment
Norfolk Southern’s CEO has spoken often of safety and better service since he took the job over a year ago, but it’s safety that has dominated discussions after one of his trains derailed and caught fire in February in Ohio
2023-06-29 12:16
South Korea focuses on fiscal discipline with smallest budget increase in two decades
By Jihoon Lee SEOUL South Korea's government plans to raise budget spending to nearly $497 billion for 2024,
2023-08-29 10:27
Futures slip as Big Tech results roll in; Fed in focus
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -Wall Street futures crept lower on Wednesday as investors assessed earnings
2023-07-26 19:25
Americans Now Cutting Back on Food Purchases, Conagra CEO Says
The resilient American shopper is showing more signs of weakness. Over the past year, many US consumers responded
2023-07-14 01:52
IPhone Maker Foxconn Aims to Double India Investment, Employment
Apple Inc. partner Foxconn Technology Group plans to double its investment and employment in India, highlighting an accelerating
2023-09-18 10:23
Twitter's rebrand is the next stage in Elon Musk's vision for the company. But does anyone want it?
Elon Musk's move over the weekend to rebrand Twitter and replace its iconic bird logo with an X is just the latest step in his effort to make over the billionaire's longtime favorite platform in his image.
2023-07-25 20:21
US home sales dip in September to lowest rate since 2010
US home sales slid further in September to the lowest rate in 13 years, according to industry data released Thursday, with interest rates high and...
2023-10-19 23:21
McCarthy Says Government Shutdown Would Be Self-Defeat for GOP
House Speaker Kevin McCarthy said he wants to avoid a US government shutdown because it would undermine his
2023-09-18 00:45
US safety agency to require automatic emergency braking on heavy trucks and buses
The government’s traffic safety agency says it will require that heavy trucks and buses include potentially life-saving automatic emergency braking equipment within five years
2023-06-23 07:25
Spain’s Sanchez Fails to Notch Much Needed Election Debate Win
Prime Minister Pedro Sanchez failed to bolster his chances of re-election after a lackluster performance in the only
2023-07-11 17:50
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