The Federal Reserve needs to cut interest rates to keep the labor market healthy. However, it is now down to […]
Fed’s Daly Advocates for Rate Cuts to Keep Labor Market Healthy Read More »
COPENHAGEN/LONDON – Norway’s wealth fund will back a proposal demanding Nike (NYSE: NKE) consider whether binding agreements with workers would
Norway Wealth Fund Backs Nike (NYSE: NKE) Shareholder Proposal on Workers’ Rights Read More »
LONDON – Suggestions that the dollar’s dominance of the global financial system is ending are wide of the mark, JPMorgan
Reports of the Dollar’s Demise Are Greatly Exaggerated, JPMorgan Says Read More »
NEW YORK – A shift to shorter settlement for U.S. securities transactions earlier this year had a greater-than-anticipated impact on
Faster US Settlement Hit Harder Than Expected, Citi Survey Says Read More »
WASHINGTON – The U.S. trade deficit widened to the highest level in more than two years in July as businesses
US Trade Deficit Widens Sharply in July as Businesses Ramp Up Imports Before Tariffs Read More »
KARACHI/CAIRO/NEW YORK – Coca-Cola (NYSE: KO) and rival PepsiCo (NASDAQ: PEP) spent hundreds of millions of dollars over decades building
Teamsters members working at Marathon Petroleum’s (NYSE: MPC) Detroit refinery have gone on strike after months of pay- and safety-related
Marathon Petroleum’s (NYSE: MPC) Detroit Refinery Union Workers Go on Strike Read More »
NEW YORK – U.S. stocks slumped on Tuesday, at the start of one of the market’s historically worst months, ahead
US Stocks Tumble as Market Enters Historically Volatile September Read More »
WASHINGTON – U.S. manufacturing contracted at a moderate pace in August amid some improvement in employment. However, a further decline
US Manufacturing Mired in Weakness; Construction Spending Falls Read More »
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