Economy Is ‘Too Hot to Handle’: Wall Street Reacts to Jobs Report
The selloff in US stocks didn’t last long. Dip buyers sensing an overreaction to the blowout US jobs
2023-10-07 01:48
Mexican Stocks Set for Worst Week of 2023 on AMLO Worries
Mexican stocks clawed back some of the steep losses sparked by an unexpected change to airports’ concessions agreements
2023-10-07 01:48
CME Head Duffy Warns New Taxes Threaten Chicago’s Recovery
Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based
2023-10-06 23:53
Here's why the shockingly good jobs report is going to cost you
The US economy feels lousy for so many people. So you'd think some really, really, shockingly good news about the job market would give Americans' spirits a boost.
2023-10-06 22:50
SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
US Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEO
Investigators at a key US regulator have concluded that the co-founder of Voyager Digital Ltd. broke derivatives regulations
2023-10-06 20:20
EV Maker Lucid’s $338,000 Loss Per Car Is Turning Investors Off
The diverging fortunes of the two most prominent electric vehicle startups in the US show Wall Street is
2023-10-06 20:19
Snap Gets Enforcement Notice From UK Watchdog on AI Chatbot
The UK’s Information Commissioner’s Office issued Snap Inc., the maker of the Snapchat app, with a preliminary enforcement
2023-10-06 19:48
World Food Prices Steady at Two-Year Low on Cheaper Oilseeds
Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and
2023-10-06 17:28
Bank Indonesia Set to Hold Key Rate Amid Global Spillovers
Indonesia’s central bank is set to keep interest rates steady to protect the rupiah from the global market
2023-10-06 17:22
Singapore Sees $77 Billion Digital Economy as Key to More Growth
Singapore’s digital economy has expanded to about $77 billion, or 17.3% of gross domestic product, and should continue
2023-10-06 17:17