US Fed's favored inflation gauge declined sharply in May
The US inflation measure most closely watched by the Federal Reserve declined sharply in May, official figures showed Friday, returning to a downward trend after...
2023-06-30 21:26
IRS throws a chill into collectives paying college athletes while claiming nonprofit status
The rapidly expanding landscape of nonprofit collectives paying college athletes to promote charities has been hit with a potentially seismic disruption
2023-06-30 21:19
Novartis Sells Eye Drugs to Bausch for Up to $2.5 Billion
Novartis AG agreed to sell part of its portfolio of eye medicines to Bausch + Lomb Corp. in
2023-06-30 20:58
An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs
2023-06-30 20:57
IMF and Pakistan reach $3 billion deal
Pakistan could get temporary relief for its ballooning foreign debt with a new deal worth $3 billion, the IMF has...
2023-06-30 20:55
Futures extend gains after May inflation data
U.S. stock index futures extended gains on Friday after data showed a closely watched measure of inflation cooled
2023-06-30 20:47
Barclays Boosts US Parental Leave Policy to 16 Weeks for all Caregivers
Barclays Plc has updated its leave policy to provide at least 16 weeks for all new parents in
2023-06-30 20:27
Executives urge Europe to rethink its world-leading AI rules
More than 150 executives are urging the European Union to rethink the world’s most comprehensive rules for artificial intelligence
2023-06-30 20:22
Car Prices Are Starting to Ease as Pandemic Supply-Chain Issues Fade
The US new-car market is returning to pre-pandemic norms as supply-chain issues resolve, forcing carmakers to ramp up
2023-06-30 20:17
California is about to give Hollywood studios a lucrative tax deal during the writers' strike
A bill at Gov. Gavin Newsom's desk makes California's film and TV tax credit refundable for cash. It also mandates productions to comply with new firearm safety protocols inspired by the 2021 "Rust" shooting and implements requirements for meeting diversity targets.
2023-06-30 20:16
Bawag Slumps After Short Seller Petrus Urges Halt to Payouts
Bawag Group AG slumped the most in three years after activist investor Petrus Advisers disclosed a short position
2023-06-30 19:56
Foreign tourism to Portugal sets new record in May, helped by US visitors
LISBON The number of foreign tourists visiting Portugal hit a record of more than 1.8 million in May,
2023-06-30 19:54