Economy
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India rules out joining world’s largest trade deal, accuses China of ‘very opaque’ trade practices
Indian flag and Chinese flag displayed on screen. Anadolu | Anadolu | Getty Images India’s commerce minister rejected the idea…
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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich…
Read More » - U.S. News
Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’
Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a…
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Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23,…
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Biden admits economic recovery still needs ‘work,’ forgets meeting Fed chair in error-laden speech
WASHINGTON — President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation…
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Norway holds its benchmark interest rate at 16-year high of 4.5%
Why is one of Europe’s best-performing economies not following in the ECB’s footsteps? ADVERTISEMENT The Norges Bank decided to keep…
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Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the…
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The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
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How Fed rate cuts affect the global economy
The Federal Reserve’s interest rate decisions can influence the trajectory of the U.S. economy. “The U.S. economy’s stature is one…
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Bank of England holds interest rates, British pound rallies to more than two-year high
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024.…
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