Little progress has been made in curbing too high inflation, Fed's Jefferson says
Federal Reserve governor Philip Jefferson says inflation remains too high and there has been “little progress” made toward bringing it down to the central bank’s 2% target
2023-05-13 08:46
Bank of Canada names longtime executive Mendes as deputy governor
By Ismail Shakil OTTAWA (Reuters) -The Bank of Canada (BoC) said on Friday it has picked longtime central bank executive
2023-05-13 08:28
US regulator urges recall of 67m airbag inflators
The parts maker rejected the request, saying investigators had not found any "systemic" defects.
2023-05-13 08:24
Fed's Bullard: disinflation prospects 'good' but not guaranteed
PALO ALTO, Calif. St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the
2023-05-13 08:22
Fed's Jefferson, Biden's vice chair pick, says Fed 'on track'
PALO ALTO, Calif. The Federal Reserve is "on track" to doing what is necessary to meet the two
2023-05-13 08:20
US wants a recall of 67 million airbag inflators, but the manufacturer disagrees
The National Highway Traffic Safety Administration is calling for an immediate recall of 67 million airbag inflators due to a dangerous defect, the agency said in a letter to ARC Automotive, a major manufacturer of the component. But the automotive supplier that made the component is disputing the need for it to conduct any sort of broad recall at all.
2023-05-13 08:19
Atlantic City casino can't live without a beach, so it's rebuilding one
What’s an ocean without a beach
2023-05-13 07:51
Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
A former executive at TikTok’s parent company ByteDance accuses the tech giant of serving as a “propaganda tool” for the Chinese government
2023-05-13 07:46
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK Soros Fund Management, the family office of billionaire George Soros, slashed its stakes
2023-05-13 07:23
Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite
2023-05-13 07:20
G7 finance chiefs agree on scheme to diversify global supply chain - draft communique
NIIGATA, Japan Finance leaders of the Group of Seven (G7) advanced economies agreed to create a scheme to
2023-05-13 06:55
Luminar Tech CEO to acquire majority stake in Forbes - WSJ
(Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/) (Reuters) -Luminar Technologies CEO Austin Russell is
2023-05-13 06:29