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 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
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
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
Euro Zone Returns to Growth as Core Inflation Stays Strong
The euro-area economy returned to growth while underlying inflation pressures persisted — supporting early arguments for the European
2023-07-31 17:57
Heavy Rains Kill Two in Beijing as Storm Lashes Northern China
Torrential rains have damaged roads and killed two people in Beijing, state media reported on Monday, as remnants
2023-07-31 17:49
Tesla to cut prices on some Model 3, Model Y in HK -media
BEIJING U.S. automaker Tesla is set to cut prices on multiple variants of its Model 3 and Model
2023-07-31 17:26
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:24
Turkey Dollar-Bond Rally Under Threat as Policy Pivot Drags
A rally in Turkey’s hard-currency bonds may falter without a more ambitious government tilt toward orthodox monetary policies,
2023-07-31 16:46