Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate
2023-10-12 02:20
Social media is awash in misinformation about Israel-Gaza war, but Musk's X is the most egregious
While Twitter has always struggled with combatting misinformation about major news events, it was still the go-to place to find out what’s happening in the world
2023-10-12 01:29
Detroit automakers and union leaders spar over 4,800 layoffs at non-striking factories
Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks
2023-10-12 01:24
The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight
2023-10-11 23:23
Dominican Republic has partially reopened its border with Haiti. But a diplomatic crisis persists
The Dominican Republic has partially reopened its border with Haiti to limited commercial activity nearly a month after shuttering the frontier amid an ongoing spat over construction of a canal targeting water from a shared river
2023-10-11 22:52
Chinese carmaker Geely and Malaysia's Proton consider EV plant in Thailand, Thai prime minister says
Thailand's prime minister says Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles
2023-10-11 21:46
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandals
Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day
2023-10-11 21:22
Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates
2023-10-11 20:56
Sam Bankman-Fried's trial to resume with more testimony from Caroline Ellison
By Jody Godoy and Luc Cohen NEW YORK Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund
2023-10-11 19:57
Exxon Mobil buys Pioneer Natural in $59.5 billion deal with energy prices surging
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, making it one of the oil giant’s biggest transactions ever
2023-10-11 19:17
Exclusive-India regulator probing ties between Adani Group and Gulf Asia fund, say sources
By Jayshree P Upadhyay and Krishn Kaushik India's market regulator is investigating the relationship between the Adani Group
2023-10-11 17:46
FTC proposes a ban on 'junk fees' and says hidden charges push up prices
The Federal Trade Commission is proposing a rule to ban any hidden and bogus “junk” fees, which can mask the total cost of concert tickets, hotel rooms and utility bills
2023-10-11 17:23
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