Just days after pausing rate hikes, Fed official calls for more increases
The dust has barely settled on the Federal Reserve's decision to pause its aggressive rate-hiking campaign — but in public appearances Friday, central bank officials have a clear message: Keep hiking.
2023-06-16 23:52
Fed see key services inflation elevated with few signs of easing
By Howard Schneider Inflation in key parts of the U.S. service industry "remains elevated and has not shown
2023-06-16 23:26
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS Rheinmetall will ramp up production of propellant power for ammunition at its plant in
2023-06-16 23:20
NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK The New York Fed’s in-house economic forecasting model is predicting a notably
2023-06-16 22:56
Fed's Barkin says "comfortable doing more" if inflation does not fall
By Howard Schneider WASHINGTON Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest
2023-06-16 21:30
Richard Branson’s Virgin Galactic Sets June Date for First Commercial Spaceflight
Richard Branson’s space tourism venture Virgin Galactic Holdings Inc. plans to fly its first commercial passenger space mission
2023-06-16 18:45
Cathay Pacific Adjusts Pilot Pay to Make Up for Shorter Flights
Cathay Pacific Airways Ltd. adjusted its pay mechanism for pilots, many of whom have criticized the company following
2023-06-16 14:23
Billionaire Perrodo Family’s Oil Riches Are Slowly Pulled Into the Open
It was a rare public appearance by the head of the billionaire Perrodo family’s multinational oil company. Benoit
2023-06-16 13:18
What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:47
China’s Spying in Cuba Picks Up Where the Soviet Union Left Off
For half a century, America’s top geopolitical rival used a spy base in nearby Cuba to steal US
2023-06-16 09:29
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:20
Covid Boosters Should Be Updated to Target XBB Strain, US Health Advisers Say
Covid-19 shots should be reformulated to target an XBB subvariant of the highly infectious omicron strain to provide
2023-06-16 04:52