Nikola Short Sellers Take a Hit on EV Maker’s Recent Rally
Nikola Corp. shares have nearly doubled this week in a rally that’s eating into paper profits for traders
2023-06-17 01:20
Fed Officials Say Rates May Need to Go Higher to Tame Inflation
Two Federal Reserve officials said the central bank may have to raise interest rates further to tame price
2023-06-16 22:22
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter
2023-06-16 21:23
Vietnam EV Maker’s Loss Widens Ahead of US SPAC Listing Push
VinFast’s net loss widened to 14.1 trillion dong ($599 million) in the first quarter ahead of a bid
2023-06-16 20:19
Intel Set to Gain $11 Billion Subsidy for German Chip Plant
Intel Corp. is set to receive almost $11 billion in subsidies from the German government for a chip
2023-06-16 19:18
Teamsters will likely authorize a UPS strike Friday
Members of the Teamsters union are almost certain to approve a massive strike at UPS in a vote concluding Friday. A prolonged work stoppage could severely damage the economy -- but a strike is still more than seven weeks away, if it happens at all.
2023-06-16 18:17
UK Consumers Turn Less Gloomy About Inflation, BOE Says
Britons became less pessimistic about inflation in the second quarter as energy prices continued to fall, according to
2023-06-16 17:20
UK regulator clears Amazon's planned purchase of iRobot
(Reuters) -Britain's competition regulator on Friday cleared Amazon.com Inc's planned $1.7 billion acquisition of iRobot Corp, maker of the Roomba
2023-06-16 17:18
Nagel Says ECB May Need to Keep Raising Rates After Summer Break
The European Central Bank might have to continue with interest-rate increases after the summer, according to Bundesbank President
2023-06-16 15:29
China Urged to Boost Fiscal Stimulus After Central Bank Eases
Expectations are growing that China’s government will boost spending, especially on infrastructure, as part of a broader stimulus
2023-06-16 13:16
Ueda Holds Stimulus as BOJ Continues to Sidestep Tightening Wave
The Bank of Japan continued to defy global central bank trends by sticking with stimulus as it waits
2023-06-16 12:51
Economists Cut China GDP Forecasts After Disappointing May Data
China’s weaker-than-expected data for May has spurred economists at several key banks to lower their growth forecasts for
2023-06-16 12:50