Indonesia president says rupiah's drop still 'safe', flags tax incentives
JAKARTA Indonesia President Joko Widodo said on Tuesday the rupiah's recent depreciation rate against the dollar was still
2023-10-24 11:48
How McDonald's Middle East franchises got into a public feud over Israel
Tensions are playing out at McDonald's locations across the Middle East as the Israel-Hamas war rages on.
2023-10-24 05:50
Fed hawks, Fed doves: What U.S. central bankers have been saying
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy
2023-10-24 04:29
Javier Milei wants Argentina to swap the peso for the US dollar. Here's what that could mean
A chainsaw-wielding, self-professed "anarcho-capitalist" is now one step closer to overhauling Argentina's beleagured economy — by throwing out the nation's peso currency and adopting the US dollar as legal tender.
2023-10-24 02:48
US prosecutor who targeted spoofing misconduct leaves DOJ
By Chris Prentice NEW YORK The head of the U.S. Justice Department's team in Washington tasked with prosecuting
2023-10-24 00:53
The Ivy League donor backlash is a PR nightmare, and that's the point
Yesterday, we talked about some of the big-name, deep-pocketed businessmen who were, to say the least, disappointed with their alma maters' responses to what they considered antisemitic behavior at Harvard and UPenn.
2023-10-20 09:50
Moody's warns it could downgrade Israel's credit rating because of war with Hamas
Moody's Investors Service warned Thursday it could downgrade Israel's credit rating due to the severity of the military conflict with Hamas.
2023-10-20 05:52
Costco's longtime CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
2023-10-19 21:48
Harvard and UPenn donors are furious. It may have a financial domino effect
Influential donors to Harvard University and the University of Pennsylvania say they will cut their ties to the schools in protest of college administrators' response to alleged anti-Israel speech and antisemitism on campuses in the wake of Hamas' terror attacks.
2023-10-19 21:27
Indonesia central bank unexpectedly raises rates amid falling rupiah
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the
2023-10-19 17:46
UPenn crisis deepens: Former trustee calls for president to resign as donors bail
Former University of Pennsylvania trustee Vahan Gureghian is calling for Liz Magill, the Ivy League school's president, to step down and warned the backlash from powerful donors will likely get worse over a growing uproar over how the school has dealt with allegations of antisemitism on campus.
2023-10-19 08:18
'Deeply ashamed.' Another major UPenn backer halts donations and calls on other Jews to do the same
Venture capitalist David Magerman is the latest major donor to the University of Pennsylvania cutting off financial support to the Ivy League school, and he's calling for all "self-respecting" Jews to do the same.
2023-10-19 00:49