Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:54
Amazon Doubling Same-Day Delivery Facilities in Push for Speed
Amazon.com Inc. will double the number of US same-day delivery facilities in the “coming years,” the company announced
2023-07-31 19:52
Pakistan key rate held steady, inflation will decline in coming months - cenbank chief
KARACHI, Pakistan Pakistan's central bank kept its key rate unchanged at 22% on Monday after a scheduled meeting
2023-07-31 19:45
Pakistan Keeps Rate at Record Despite IMF Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to
2023-07-31 19:45
Maruti Suzuki Meets Profit Estimate, to Buy Parent’s Plant
Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales.
2023-07-31 19:24
House Republicans aren't done slashing food assistance and fighting over social issues
After clamping down on food stamps in the debt ceiling deal, House Republicans now want to take a whack at WIC, the food assistance program for low-income women, infants and young children.
2023-07-31 19:18
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:17
Futures subdued ahead of more megacap earnings, employment data
U.S. stock index futures were little changed on Monday as investors awaited earnings from more megacap companies and
2023-07-31 18:28
Clock on the Fed's 'soft landing' may already be ticking
By Howard Schneider WASHINGTON Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the
2023-07-31 18:21
OCBC’s Great Eastern in Talks to Buy MetLife Malaysian Arm, Sources Say
Singapore insurer Great Eastern Holdings Ltd. is in talks to buy MetLife Inc.’s Malaysian venture, according to people
2023-07-31 18:19
Man United renews Adidas partnership by 10 years in deal worth more than $1B
Manchester United has announced a 10-year extension to its partnership with Adidas that the English club says will be worth more than $1 billion
2023-07-31 18:19
UK mortgage approvals and consumer credit jump unexpectedly in June: BoE
By Andy Bruce and David Milliken LONDON (Reuters) -British lenders approved more mortgages than expected in June and net unsecured
2023-07-31 18:18