China’s Copper Woes Damp Spirits of Traders in Asia
Asia’s copper industry meets in Hong Kong next week to discuss a market that should be bursting with
2023-05-12 07:52
China’s Rising Emissions May Soon Be Eclipsed by Clean Power Push
China’s post-Covid rebound is boosting its world-leading power emissions this year, but rapid deployment of clean technology means
2023-05-12 07:25
Here's how we know a US default would be an economic disaster
In CNN's town hall with Donald Trump on Wednesday, the former president said a US default on its debt may be "psychological" and that it "could be nothing" or perhaps just "a bad week or a bad day."
2023-05-12 05:25
White House takes signature law off negotiating table in early spending, debt ceiling talks
The White House is drawing its battle lines.
2023-05-12 05:00
US permit crackdown poses new hurdles for proposed LNG projects - analysts
By Curtis Williams HOUSTON The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural
2023-05-12 04:24
JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
2023-05-12 02:46
As PacWest shares dive, are we seeing the 2008 financial crisis all over again?
If the current banking crisis looks like '08, sounds like '08 and feels like '08, is it '08 all over again? Using abductive reasoning, the answer is yes.
2023-05-12 01:52
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
2023-05-11 21:56
Jerome Powell is losing America's confidence
Americans are losing faith in Federal Reserve Chair Jerome Powell. That's bad news.
2023-05-11 20:23
Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
2023-05-11 19:26
One dead in shooting at Mercedes-Benz plant in Germany
One person has been killed and another seriously injured in a shooting at a Mercedes-Benz plant in Sindelfingen, southern Germany, according to police.
2023-05-11 16:59
ING Plans €1.5 Billion Buyback as Rates Fuel Profit Beat
ING Groep NV plans to buy back as much as €1.5 billion ($1.65 billion) worth of shares after
2023-05-11 15:57