Hedge Funds Say It’s Too Risky to Short Dollar on US Rates Hazard
The dollar’s recent strength has confounded naysayers, and according to some hedge funds, the rally isn’t over. K2
2023-09-07 07:56
Biden to Cancel Arctic Oil Drilling Rights Sold by Trump
The Biden administration is taking steps to thwart oil development in remote reaches of Alaska by canceling leases
2023-09-07 07:50
Two Senate Votes Advance Biden Goal of Greater Diversity at Fed
The Senate confirmed the second Black American to serve as the Federal Reserve’s vice chair in its 109-year
2023-09-07 07:46
Flexport Founder Ryan Petersen to Return as CEO After Dave Clark Resigns
Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company,
2023-09-07 07:23
Asia Stocks Under Pressure, Dollar Strengthens: Markets Wrap
Asian equity futures drifted lower as US stocks fell following economic data that exceeded forecasts, bolstering the case
2023-09-07 07:20
Possible Fed overtightening makes recession more likely than not, Deutsche Bank says
NEW YORK Despite recent optimism around the U.S. economy, a recession remains a more likely scenario than a
2023-09-07 06:25
Freeland Calls Bank of Canada Rate Hold ‘Welcome Relief’
Prime Minister Justin Trudeau’s government praised the Bank of Canada for holding interest rates steady, a rare public
2023-09-07 05:50
Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans
NEW YORK Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit,
2023-09-07 05:45
'Immaculate disinflation' is the new economic buzzword. But what does it mean?
Economists added yet another term to their lexicon in recent months: immaculate disinflation.
2023-09-07 05:21
Oil could hit $107 due to Saudi Arabia's and Russia's supply cuts, Goldman Sachs warns
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don't unwind their aggressive supply cuts, Goldman Sachs warned its clients.
2023-09-07 04:49
Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
2023-09-07 04:18
US economy grew modestly in recent weeks, Fed survey shows
By Ann Saphir and Michael S. Derby (Reuters) -U.S. economic growth was modest amid a cooling labor market and slowing
2023-09-07 03:53