ECB's Centeno sees monetary policy pausing soon
LISBON The European Central Bank is close to being able to pause the trajectory of rising interest rates
2023-06-29 06:49
Arcline tops KKR's offer for Circor as bidding war intensifies
(Reuters) -Private equity firm Arcline Investment Management proposed to buy Circor International for $1.8 billion including debt on Wednesday, topping
2023-06-29 05:19
General Mills Sinks After Forecasting Slowdown in Coming Year
General Mills Inc. fell the most in the S&P 500 after the food producer’s annual forecast suggested that
2023-06-29 04:52
ECB's Vasle: biased toward rate hike beyond July
By Balazs Koranyi SINTRA, Portugal Euro zone inflation is so persistent that interest rate hikes beyond July may
2023-06-29 03:59
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
2023-06-29 02:18
NYC Faces Poor Air Quality as Smoke From Canada Fires Heads East
New York City, Long Island and New Jersey have been hit with air-quality alerts as another plume of
2023-06-29 01:47
Biden Braces for Canadian Smoke in High-Profile Chicago Visit
A mask-less Joe Biden landed in Chicago as the city grapples with a second day of thick Canadian
2023-06-29 00:54
Planning an EV Road Trip? Good Luck Finding a Hotel With a Charger
The journey is no longer the major pain point for electric car drivers embarking on the great American
2023-06-28 22:53
Who wants to be a game show host? These days, you already have to be famous
Ryan Seacrest earned a plum gig this week, replacing the retiring Pat Sajak as host of “Wheel of Fortune.”
2023-06-28 22:51
Dorset men in court over alleged tree investment fraud
The men are accused of fraudulently promising returns on a forestry scheme in Costa Rica.
2023-06-28 21:30
Space Disco Cowboy? Couples ditch traditional wedding dress codes in favor of out-there themes
Space disco cowboy
2023-06-28 21:29
‘Dome of Doom’ Scorching Texas and Mexico Is About to Spread (1)
The heat that has set records across Texas and Mexico will be spreading across the central and southern
2023-06-28 21:20