Turkish State Banks Hold off Lira Defense in Policy Shift Signal
Turkey’s state-run banks didn’t intervene to prop up the lira on Thursday, even after a central bank interest-rate
2023-06-22 23:30
Supreme Court limits federal prisoners' ability to bring some post-conviction challenges
The Supreme Court on Thursday upheld the conviction of a federal prisoner who argued he should be able to challenge his 27-year sentence for firearms possession based on changes in the law since his trial.
2023-06-22 23:27
Kenya's new tax package angers some backers of president who once vowed to reduce cost of living
Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with supporters of the president who once vowed to reduce the cost of living
2023-06-22 22:59
IMF Touts $100 Billion for Poorest, Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-22 22:55
Goldman Adds to Calls on Overvalued Mexico Peso After Rally
The Mexican peso is looking increasingly overvalued, according to Goldman Sachs Group Inc, after a stunning rally that
2023-06-22 22:53
Chinese ambassador to US makes 'strong protests' to White House over Biden comments
Chinese Ambassador to the US Xie Feng "made serious representations and strong protests to senior officials of the White House and the US Department of State on June 21" following President Joe Biden's comments likening Chinese President Xi Jinping to a dictator, the embassy said in a statement urging the United States to "take earnest action" or "bear all the consequences."
2023-06-22 22:48
Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
2023-06-22 22:48
Warren Buffett's charitable giving tops $51 billion
By Jonathan Stempel Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting
2023-06-22 22:28
Home sales inch up in May amid record-low inventory and biggest annual drop in prices since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-22 22:24
Stock market today: Wall Street follows global markets lower after more rate hikes
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 21:54
Lawmakers Seek to Ban Buy-Now, Pay-Later Loans for Semiautomatic Weapons
Nineteen Democratic lawmakers proposed a ban on buy-now, pay-later loans to finance semiautomatic weapons that would include levying
2023-06-22 21:24
Weekly US applications for unemployment aid remain relatively elevated
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s rate hikes are beginning to cool a still-strong labor market
2023-06-22 21:23