US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON A $16 billion list of lower-priority defense items like tanks, helicopter
2023-06-03 00:27
The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The fear premium baked into Treasury bills once seen as most at risk of a US default due
2023-06-03 00:22
Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence
2023-06-02 23:57
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:52
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:51
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:51
Analysis-Risk of US downgrade still on the cards despite debt deal
By Davide Barbuscia NEW YORK While a U.S. default on its debt has been averted, the possibility of
2023-06-02 23:45
Germany Needs €14 Billion to Make Gas and Heating Networks Clean
Germany expects the cost of transforming its natural gas and heating networks to reach as much as €14
2023-06-02 23:45
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:24
Here's the real reason Target's stock is dropping
If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target's stock price falling. It's not because of recent LGBTQ backlash, though.
2023-06-02 23:24
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Tyson Foods to cut 262 employees in South Dakota who opt not to relocate
CHICAGO Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to move to
2023-06-02 22:53