
White House cuts 2023 US deficit forecast after student loan forgiveness struck down
WASHINGTON The White House on Friday revised its fiscal 2023 U.S. budget deficit forecast to $1.543 trillion, a
2023-07-29 02:24

Wind and solar are propping up the Texas power grid amid a brutally long heat wave
As Texas bakes under a sweltering heat dome, the power has stayed on and prices haven't spiked tremendously. Thank wind and solar, energy experts say.
2023-07-29 02:21

Endgame for Fed's tightening cycle challenged by easing financial conditions
By Michael S. Derby Less tight financial conditions as exhibited by the red-hot stock market may increase the
2023-07-29 02:19

Offshore wind foes sue New Jersey and Danish turbine developer over tax break
Opponents of offshore wind projects are suing New Jersey and the Danish wind energy developer Orsted over a lucrative tax break the state approved for the company
2023-07-29 01:56

Tupperware shares are up 140% this week as meme stock mania takes hold
The meme traders are back. Shares of Tupperware have exploded by about 140% this week and nearly 300% over the last month for no discernible reason.
2023-07-29 01:52

ECB Says Leveraged Loans Shown to Be Riskier in Banking Stress Test
The European Central Bank said a review of lenders’ leveraged finance exposures showed them to be riskier than
2023-07-29 01:52

Europe's banks could survive a drastic economic downturn, stress test shows
The European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses
2023-07-29 01:29

Javice Prosecutors Seek Delay to JPMorgan's Civil Case Against Frank Founder
The US government wants to intervene in JPMorgan Chase & Co’s fraud lawsuit against Frank founder Charlie Javice,
2023-07-29 01:26

European Banks Improve Results in Stress Test That’s Key for Payouts
Most European banks emerged stronger from a stress test on how they would weather a sharp economic downturn,
2023-07-29 00:59

A Beach Club Dinner and Jamie Dimon’s Touch: How PacWest Was Rescued
PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity. And there was
2023-07-29 00:58

Judge OKs $15M payout from store where Alex Murdaugh's underage son got beer before fatal crash
A judge has approved a $15 million settlement in a lawsuit against a convenience store that sold beer to Alex Murdaugh's underage son
2023-07-29 00:30

IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion
By David Lawder and Jorgelina do Rosario WASHINGTON/LONDON (Reuters) -The International Monetary Fund said on Friday that it has reached
2023-07-29 00:27