US congressional committee fails to reach deal on stablecoin bill, chair says
By Hannah Lang The top Republican and Democrat on the U.S. House Financial Services committee on Thursday said
2023-07-27 22:54
CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage's account
The chief executive of Coutts Bank has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views
2023-07-27 22:45
A 'rolling recession' or a 'richcession' might spare the US economy from a full-scale downturn
Despite more than a year of widespread warnings that a recession was near, America’s economy is, if anything, accelerating
2023-07-27 22:16
Norfolk Southern says cost of fiery Ohio derailment doubles to $803 million as cleanup continues
The costs associated with Norfolk Southern's fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits
2023-07-27 21:53
Stock market today: Wall Street rallies as economy keeps growing and profits keep rising
Stocks are rallying on Wall Street following fatter-than-expected profit reports from big companies and the latest signals that the economy continues to defy predictions for a recession
2023-07-27 21:45
Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
2023-07-27 20:53
How the attempted coup in Niger could expand the reach of extremism, and Wagner, in West Africa
More than 1,000 U.S. service personnel are in Niger to combat the growing threat from various groups of Islamic extremists
2023-07-27 20:48
Rescuers in Indonesia try to reach 8 workers trapped in an illegal mining hole
Indonesian rescuers are trying to save eight miners who have been trapped at an illegal mining area in Indonesia’s main island of Java, The joint search and rescue team is racing against time Thursday as they suck water out from the hole using six water pump machines
2023-07-27 20:47
Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:18
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
2023-07-27 18:22
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:21
A fire is still burning on board a car-carrying cargo ship near a sensitive Dutch bird habitat
A cargo ship packed with nearly 3,000 cars is still ablaze close to a world-renowned bird habitat off the Dutch coast
2023-07-27 17:25