All three major indices were in the green for most of Thursday as they sought a…
Category: Economy
Overall PCE inflation rose in July
The Federal Reserve has warned for months that restoring rapid inflation to a normal pace is…
The United States restricts exports of Nvidia and AMD AI chips to some countries in the Middle East
Aug 30 (Reuters) – The United States has expanded restrictions on exports of Nvidia (NVDA.O) advanced…
The Department of Labor proposes a significant expansion of overtime eligibility
In a move that could affect millions of workers, the Biden administration announced on Wednesday that…
The dollar falls to the lowest level in two weeks with the decline in economic data
[1/2]Euro and US dollar banknotes are shown in this illustration taken on March 10, 2023. REUTERS/Dado…
Asian markets are mirroring Wall Street’s rally. Australia’s inflation rate declined in July
13 minutes ago Country Garden will issue HK$270 million worth of new shares to pay off…
The first US offshore wind auction in the Gulf of Mexico is attracting scant attention
[1/2]An oil and gas drilling rig stands offshore as waves generated by Tropical Storm Karen come…
Wall Street gains on hopes of halting interest rate hikes after the jobs data
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October…
3M has agreed to pay $6 billion to settle lawsuits over US military earplugs
Aug. 28 (Reuters) – 3M Inc (MMM.N) on Monday agreed to pay $6.01 billion to settle…
The property crisis in China extends to the economy
Once a beneficiary of China’s real estate boom, Lan Mingqiang is now an unwitting victim of…