Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
2023-06-16 19:58
Finland's center-right leader says new coalition, including far-right party, is set
The head of Finland’s conservative National Coalition Party says four parties have agreed to form a government
2023-06-16 19:45
BOJ to weigh pros and cons of its tool-kit in review -governor
By Leika Kihara TOKYO The Bank of Japan will scrutinise the effects and side-effects of its unconventional monetary
2023-06-16 19:27
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
Missiles target Kyiv as visiting African leaders push Ukraine and Russia for peace and grain
A delegation of leaders and senior officials from Africa have arrived in Ukraine seeking ways to end the invaded country's 15-month war and ensure food and fertilizer deliveries to their continent
2023-06-16 19:18
Exclusive-China's Xi tells Bill Gates he welcomes U.S. AI tech in China
HONG KONG Chinese President Xi Jinping discussed the global rise of artificial intelligence (AI) with Bill Gates and
2023-06-16 18:53
Richard Branson’s Virgin Galactic Sets June Date for First Commercial Spaceflight
Richard Branson’s space tourism venture Virgin Galactic Holdings Inc. plans to fly its first commercial passenger space mission
2023-06-16 18:45
Analysis-Biden's IRA climate bill won't cut deficit as expected
By Jarrett Renshaw When President Joe Biden signed his signature Inflation Reduction Act last August, he hailed the
2023-06-16 18:23
IMF head welcomes Europe's interest rate hikes in campaign against inflation
The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row
2023-06-16 18:21
Chinese president Xi Jinping stresses US-China cooperation in meeting with Bill Gates
Chinese leader Xi Jinping said the United States and China can cooperate to “benefit our two countries” in a meeting Friday with Microsoft Corp. co-founder Bill Gates
2023-06-16 18:20
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
Billionaire Forrest ‘Can’t Wait Forever’ for $80 Billion Congo Hydro Deal
Australian mining billionaire Andrew Forrest warned he “can’t wait forever” to seal a deal with the Democratic Republic
2023-06-16 17:49