Soaring Housing Costs Could Spell ‘Disastrous’ Political Consequences for Trudeau
The soaring cost of Canada’s housing has become a major political problem for Prime Minister Justin Trudeau as
2023-08-02 20:58
US Plans $103 Billion Debt Sale, Says Issuance to Keep Rising
The US Treasury boosted the size of its quarterly sale of longer-term debt for the first time in
2023-08-02 20:52
BofA Joins Fed in Reversing Recession Call Amid Growing Optimism
Economists at Bank of America Corp. revoked their forecast for a recession in the US, becoming the first
2023-08-02 19:52
US Stripped of AAA Rating by Fitch as Budget Deficits Swell
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 12:58
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:50
Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:52
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:48
Asia Stocks Drop on Profit Taking, Fitch Fallout: Markets Wrap
Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong
2023-08-02 10:25
Harris Rejects DeSantis Invitation to Discuss Black History
Vice President Kamala Harris publicly rejected Republican presidential challenger Ron DeSantis’s invitation to visit Florida to discuss the
2023-08-02 03:26
NYC’s Migrant Crisis Reaches Breaking Point in Midtown Manhattan
The migrant crisis is spilling out onto the streets of New York, with hundreds of people sleeping and
2023-08-02 02:52
BlackRock, MSCI Probed by US Lawmakers Over China Investment
A US congressional committee is investigating BlackRock Inc. and MSCI Inc. for allegedly helping to facilitate American investment
2023-08-01 23:49
US Job Openings Fall to Lowest Level Since 2021, Layoffs Ease
US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand
2023-08-01 23:47