BofA Leans on Wall Street, Not Main Street, for Strong Earnings
Bank of America Corp.’s second-quarter profit soared after its core Wall Street businesses exceeded analysts’ expectations. The firm’s
2023-07-18 21:51
Bitcoin ETF Hype Threatens Another Sell-The-News Fizzle
The best argument in favor of approving new Bitcoin exchange-traded funds is that they already exist, tracking futures.
2023-07-18 21:23
Europe Braces for Record Heat as Wildfires Hit Greece
The extreme heat blanketing the Mediterranean is set to peak in parts of Italy on Tuesday, triggering fresh
2023-07-18 21:21
Canadian Inflation Slows to 2.8%, Though Core Remains Sticky
Inflation in Canada slowed to within the central bank’s control range for the first time since March 2021,
2023-07-18 21:16
South Africa Shuns Pressure to Take Sides in Russia-Ukraine War
South Africa won’t bow to pressure to pick sides in Russia’s war on Ukraine and is confident an
2023-07-18 20:55
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:29
China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors
China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year
2023-07-18 20:22
Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof
The Dutch bicycle maker VanMoof, which won design awards for its stylish electric bikes, has been declared bankrupt
2023-07-18 19:50
Bank of America net income jumps 19%, extending the rally for big banks
Bank of America said its profits grew 19% last quarter, the latest of the big banks to see its bottom line boosted by higher interest rates
2023-07-18 19:25
Stock market today: Global shares mixed ahead of release of US retail sales and factory data
Global shares are trading mixed ahead of the release of U.S. retail sales and factory data
2023-07-18 18:57
Singapore Passport Is World’s Most Powerful, Replacing Japan
Singapore has replaced Japan for having the world’s most powerful passport, allowing visa-free entry to 192 global destinations,
2023-07-18 18:56
Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades
Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key
2023-07-18 18:50