WASHINGTON – The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, […]
US Blacklists Chinese Companies Over TSMC Chips in Huawei Processor Read More »
WASHINGTON – U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, […]
US Consumer Prices Post Largest Gain in Nine Months; Underlying Inflation Slowing Read More »
A look at the day ahead in U.S. and global markets. This week’s initial sweep of inflation readouts has calmed […]
Morning Bid: Inflation Offers Crumbs of Comfort, Big Banks Report Read More »
NEW YORK – The S&P 500 edged higher. At the same time, the Nasdaq dipped after a volatile session on […]
S&P 500 Edges Higher, Nasdaq Dips in Choppy Session as Inflation Data Eyed Read More »
WASHINGTON – The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit […]
US Posts Record $711 Billion Deficit For First Three Months of Fiscal 2025 Read More »
U.S. stock index futures rose on Tuesday, buoyed by falling Treasury yields as investors awaited the December inflation numbers and […]
US Stock Futures Rise as Investors Await Inflation Data, Corporate Results Read More »
WASHINGTON – On Monday, Hyundai Motor’s U.S. unit, Chrysler-parent Stellantis (NYSE: STLA), and Delta Air Lines (NYSE: DAL) each announced […]
Hyundai, Stellantis, and Delta Air Lines Pledge $1 Million Each to Trump Inaugural Fund Read More »
A group opposed to affirmative action filed a lawsuit accusing McDonald’s (NYSE: MCD) of not going far enough when it […]
McDonald’s Sued Over Latino Scholarships Despite Rolling Back Diversity Initiatives Read More »
JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC) are preparing to ease mortgage repayment conditions for customers affected […]
Top US Banks Prepare Mortgage Relief for Los Angeles Wildfire Victims Read More »
LONDON – Barclays’ (NYSE: BCS) group head of sustainability, Laura Barlow, has stepped down to pursue other opportunities, a spokesperson […]
Barclays Sustainability Chief Exits in Latest Bank Reshuffle Read More »
NEW YORK – On Monday, the U.S. government said it would further restrict artificial intelligence chip and technology exports, divvying […]
US Tightens Its Grip on AI Chip Flows Across the Globe Read More »
On Friday, Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg met with U.S. President-elect Donald Trump at Mar-a-Lago, Semafor news website […]
Meta CEO Mark Zuckerberg Meets President-Elect Trump at Mar-a-Lago, Semafor Reports Read More »
DETROIT – Automaker Stellantis (NYSE: STLA) achieved its goal of cutting U.S. inventories by more than 100,000 vehicles late last […]
Stellantis Reaches Goal of Cutting US Inventory by 100,000 Units Read More »
PARIS – TotalEnergies (NYSE: TTE), the French oil major, has begun building a gas processing facility in Iraq, it said […]
TotalEnergies Begins Construction on Iraq Gas Project Read More »
U.S. investors pulled out of equity funds and moved to the safety of money market funds in the week to […]
US Equity Funds See Outflows on Caution Over Fed Policy Uncertainty Read More »
SINGAPORE – Nomura Holdings (NYSE: NMR) has appointed Sudhir Nemali as managing director and chief operating officer of its international […]
Nomura Names Sudhir Nemali as International Wealth Chief Operating Officer Read More »
HOUSTON – Chevron (NYSE: CVX), the U.S. oil producer, will donate to President-elect Donald Trump’s inaugural fund, a company spokesperson […]
Chevron Joins Trump Inauguration Donors, Details Kept Under Wraps Read More »
Oil and gas major Shell (NYSE: SHEL) announced on Thursday that it had started production at the Whale offshore floating […]
Shell Begins Production at Whale in US Gulf of Mexico Read More »
WASHINGTON – Hiring announcements by U.S. employers last year were the lowest since 2015, a report showed on Thursday, confirming […]
US Hiring Announcements in 2024 Lowest in Nine Years Read More »
LONDON/JAKARTA – A boycott against Unilever (NYSE: UL) and other multinationals operating in Israel has worsened the global consumer company’s […]
Unilever’s Indonesia Headache Worsens with Boycott as Local Brands Seize the Day Read More »
Honeywell (NASDAQ: HON) and NXP Semiconductors (NASDAQ: NXPI) will expand their partnership to develop AI-driven technology for aviation and autonomous […]
Honeywell, NXP Semiconductors Expand Partnership to Develop Aviation Technology Read More »
WASHINGTON – Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though, […]
Fed’s Waller: More Cuts Likely Though Timing Depends on Inflation Progress Read More »
Maurice Blackburn, the Australian law firm, said it had filed a class action lawsuit against U.S. carmaker General Motors (NYSE: […]
General Motors Faces Class Action in Australia Over Holden Transmission Issues Read More »
AMSTERDAM – Philips (NYSE: PHG), the healthcare technology company, has sold its Xiver computer chip subsidiary, the Telegraaf newspaper reported, […]
Philips Sells Small Chipmaking Subsidiary, Telegraaf Reports Read More »
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