Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:27
Hong Kong Office Rent Slump Triggers Wave of Upgrades
At an industrial-styled office unit in Hong Kong, employees of events company Hybrid Group are enjoying the perks
2023-08-02 11:26
Bankman-Fried Claims Jailing Him Would Violate Free-Speech Right
FTX co-founder Samuel Bankman-Fried claims that revoking his bond and jailing him for speaking with a newspaper reporter
2023-08-02 11:24
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:58
FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong
Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”
2023-08-02 10:54
Wells Fargo expects to pay $1.8 billion to help refill FDIC fund
NEW YORK (Reuters) -Wells Fargo said on Tuesday it expects to pay $1.8 billion to help replenish a government deposit
2023-08-02 10:53
China Moves to Roll Out Pro-Growth Policies as Economy Struggles
China is turning its focus to rolling out various policy promises to help spur the economy’s recovery as
2023-08-02 10:50
Media owner files complaint alleging interference by Costa Rica's president in custody dispute
A banker and media owner says he filed a legal complaint against Costa Rican President Rodrigo Chaves, alleging that his administration interfered in his child custody dispute
2023-08-02 10:46
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
2023-08-02 10:46
China’s Oil Demand May Have Peaked for 2023 in Blow to Bulls
China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as
2023-08-02 10:28
Tesla’s NDA Breach Claim Against Rivian Employees Heads to Trial
Almost a dozen former Tesla Inc. employees who left to work Rivian Automotive Inc. can’t avoid a trial
2023-08-02 10:27
US-EU Steel Talks Inch Ahead as Time for a Deal Runs Short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel
2023-08-02 10:25