Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:54
Amazon Doubling Same-Day Delivery Facilities in Push for Speed
Amazon.com Inc. will double the number of US same-day delivery facilities in the “coming years,” the company announced
2023-07-31 19:52
Pakistan Keeps Rate at Record Despite IMF Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to
2023-07-31 19:45
First American nuclear reactor built from scratch in decades enters commercial operation in Georgia
A new reactor at a nuclear power plant in Georgia has entered commercial operation
2023-07-31 19:30
Maruti Suzuki Meets Profit Estimate, to Buy Parent’s Plant
Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales.
2023-07-31 19:24
Lebanon's central bank governor ends 30-year tenure under investigation during dire economic crisis
Lebanon’s embattled central bank governor has ended his 30-year tenure
2023-07-31 19:20
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:17
Amazon, Apple Earnings to Provide Look at Consumer Habits
Consumer habits will come to the fore again in this week’s earnings deluge, as Amazon.com Inc., Shopify Inc.
2023-07-31 18:56
Dispute over Persian Gulf gas field poses early challenge to Saudi-Iranian rapprochement
An escalating dispute over a gas field in the Persian Gulf poses an early challenge to a Chinese-brokered agreement to reconcile regional rivals Saudi Arabia and Iran
2023-07-31 18:52
Clock on the Fed's 'soft landing' may already be ticking
By Howard Schneider WASHINGTON Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the
2023-07-31 18:21
OCBC’s Great Eastern in Talks to Buy MetLife Malaysian Arm, Sources Say
Singapore insurer Great Eastern Holdings Ltd. is in talks to buy MetLife Inc.’s Malaysian venture, according to people
2023-07-31 18:19
Man United renews Adidas partnership by 10 years in deal worth more than $1B
Manchester United has announced a 10-year extension to its partnership with Adidas that the English club says will be worth more than $1 billion
2023-07-31 18:19