US banks out of favor with European hedge funds, Goldman tells clients
By Carolina Mandl NEW YORK European hedge funds have reduced their exposure to U.S. banks at a fast
2023-07-06 02:56
The wealthy should give more to charity, say people who stopped donating, according to a new poll
A new poll of Americans found that nearly half of those who stopped giving to charity over the past five years said they did so because they thought wealthier people could afford to give more — and should
2023-07-06 02:55
There was an intense debate at the Fed over pausing rate hikes, minutes show
Fed officials vigorously debated whether to hike rates again or hold them steady, according to minutes from the most recent meeting, released Wednesday.
2023-07-06 02:48
Federal Reserve minutes: Some officials wanted to raise interest rates last month
Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to fight high inflation, though the central bank ultimately decided to forgo a rate hike
2023-07-06 02:26
ThyssenKrupp's Nucera valued at 2.5 billion euros in IPO
Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a
2023-07-06 02:25
A Chinese mining company has opened a giant lithium processing plant in Zimbabwe
A Chinese mining company on Wednesday commissioned a $300 million lithium processing plant in Zimbabwe
2023-07-06 02:25
"Almost all" Fed officials agreed to skip June hike - minutes
By Howard Schneider WASHINGTON A united U.S. Federal Reserve agreed to hold interest rates steady at the June
2023-07-06 02:24
'Stoneos' cannabis cookies look too much like Oreos, says US FTC
WASHINGTON Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist
2023-07-06 02:21
Explainer-Why U.S. labor unions are gaining leverage in contract talks with big employers
By Aishwarya Nair U.S. union workers are finding more solid footing during contract negotiations with employers as a
2023-07-06 01:52
Canada's financial watchdog releases guidelines to give mortgage holders tailored support
Canada's financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing
2023-07-06 01:48
Qatar Airways reports $1.2B in profits after ferrying passengers to last year's soccer World Cup
Qatar Airways is reporting $1.2 billion in profits over the past year, buoyed by its role in ferrying fans to the soccer World Cup
2023-07-06 01:46
Stellantis says new small- and medium-sized electric vehicles will get up to 435 miles per charge
Stellantis says that when it starts to sell compact and midsize electric vehicles off new underpinnings next year, they will be able to go up to 435 miles (700 kilometers) per charge
2023-07-06 01:25