After a robust third quarter, US economic growth will likely slow. That bodes well for rate cuts next year.
The Commerce Department is set to report third-quarter gross domestic product Thursday. It's the broadest measure of economic output, and it'll likely show that the US economy expanded at a staggeringly rapid pace from July through September, despite higher interest rates, depleted pandemic savings and high inflation.
2023-10-22 20:16
Apple supplier Foxconn subjected to tax inspections by Chinese authorities
Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities
2023-10-22 12:19
Foxconn faces tax audit, land use probe - Chinese state media
BEIJING Foxconn Technology Group, Apple Inc's largest supplier of iPhones, has been subjected to tax audits at some
2023-10-22 10:51
PE-Backed Power Capital Renewable Energy Put Up for Sale: Times
Power Capital Renewable Energy, one of the UK’s biggest developers of solar energy and battery storage, has been
2023-10-22 09:49
Web Summit CEO Paddy Cosgrave resigns after backlash to Israel-Hamas war comments
Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company's upcoming annual technology conference over his comments on the Israel-Hamas war.
2023-10-22 07:46
Wild Treasury Swings Just Starting as Bond Traders ‘Buckle Up’
A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest
2023-10-22 04:59
Bank Bonds That Cut Risk Draw Ares and Blackstone: Credit Weekly
Banks are reviving the sale of credit-linked notes, a type of synthetic securitization that’s been relatively uncommon in
2023-10-22 03:49
CEO of a prominent tech conference resigns amid backlash for public statements over Israel-Hamas war
Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his public statements that suggested Israel was committing war crimes
2023-10-22 02:57
SME Launches Training and Electric Vehicle Certification to Address High and Unmet Demand for Electrification Skills
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Oct 21, 2023--
2023-10-22 02:48
How toy and game companies are winning back their grown-up former customers
I was on vacation and hanging out quietly in the hotel room with my friend when, out of nowhere, she
2023-10-22 02:45
AeroDef Manufacturing 2023 Exhibitor Preview: Aerospace and Defense Global Suppliers, Distributors and Equipment Builders to Demonstrate Innovative Technologies and Solutions for Sector Manufacturers
LONG BEACH, Calif.--(BUSINESS WIRE)--Oct 21, 2023--
2023-10-22 02:45
France will struggle to meet deficit target, says IMF chief economist
PARIS France will struggle to bring down its budget deficit to 2.7% by 2027 without "a little more
2023-10-21 23:59