New Zealand Jobless Rate Rises, Wages Slow After Rate Hikes
New Zealand unemployment rose in the second quarter and wage inflation showed signs of slowing, indicating the labor
2023-08-02 07:57
US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:51
US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:45
Korean Inflation Eases, Boosting Case to Keep Rates on Hold
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 07:17
Starbucks Revenue Misses Estimates as Its US Growth Slips
Starbucks Corp.’s quarterly sales fell short of analysts’ estimates as traffic growth slowed in the US. Higher prices
2023-08-02 06:45
Treasury Futures Up, Dollar Slips on Fitch Fallout: Markets Wrap
Treasury futures rose while contracts for the S&P 500 stocks benchmark declined after Fitch Ratings downgraded the US
2023-08-02 06:21
Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes
Whole milk powder auction prices have slumped to a three-year low amid signs that demand for dairy products
2023-08-02 05:56
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:55
Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps
Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of
2023-08-02 04:53
Glen Point’s Phillips Says US Trying to Criminalize FX Trading
Glen Point Capital co-founder Neil Phillips urged a federal judge to throw out charges that he tried to
2023-08-02 04:24
Crypto Market Unnerved by DeFi Exchange Curve’s Sinking CRV Token
A tumble in the native token of key decentralized cryptocurrency exchange Curve Finance sapped sentiment toward digital assets
2023-08-02 03:25
Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
2023-08-02 02:59