
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59

US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:51

US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:45

X Corp sues anti-hate campaigners over Twitter research
The firm behind X, as Twitter is now known, is suing the Center for Countering Digital Hate
2023-08-02 07:17

Korean Inflation Eases, Boosting Case to Keep Rates on Hold
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 07:17

Starbucks Revenue Misses Estimates as Its US Growth Slips
Starbucks Corp.’s quarterly sales fell short of analysts’ estimates as traffic growth slowed in the US. Higher prices
2023-08-02 06:45

Allstate posts bigger loss as catastrophe claims rise
Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset
2023-08-02 06:28

Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
Ratings agency Fitch on Tuesday downgraded the United States' long-term foreign currency ratings to AA+ from AAA, reflecting
2023-08-02 06:22

Treasury Futures Up, Dollar Slips on Fitch Fallout: Markets Wrap
Treasury futures rose while contracts for the S&P 500 stocks benchmark declined after Fitch Ratings downgraded the US
2023-08-02 06:21

Starbucks' sales in China come roaring back
Starbucks' China business is back after dropping due to Covid restrictions last year.
2023-08-02 06:17

Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes
Whole milk powder auction prices have slumped to a three-year low amid signs that demand for dairy products
2023-08-02 05:56

MicroStrategy Returns to Profitability With Bitcoin Rebound
MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, returned to profitability in the
2023-08-02 05:48