Saudi Wealth Fund Hires Banks for Second Bond Sale This Year
Saudi Arabia’s sovereign wealth fund has hired banks for a debut Islamic dollar bond sale to help finance
2023-08-01 21:48
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 19:25
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:27
Chinese Developer Country Garden Slides as Funding Woes Worsen
One of China’s last major developers to have so far avoided defaults amid the nation’s property debt crisis
2023-08-01 17:22
China’s Home Sales Drop Most in a Year as Slowdown Worsens
China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to
2023-08-01 09:20
Traders Go to US for Argentina Stocks to Hedge Election Bet
Investors are starting to make the most tentative of moves back into Argentine stocks, looking at a potential
2023-08-01 03:54
Fed Says US Banks Tightened Credit Further in Wake of Failures
The Federal Reserve said that banks reported tighter standards and continued weak demand for loans in the second
2023-08-01 03:47
US Treasury Boosts Quarterly Borrowing Estimate to $1 Trillion
The US Treasury boosted its estimate for federal borrowing for the current quarter as it addresses a deteriorating
2023-08-01 03:16
DeSantis Pivots to Economy as Trump Strengthens Hold on GOP
Florida Governor Ron DeSantis called Monday for ending China’s preferred trade status and suggested he might replace Federal
2023-08-01 02:45
The Invisible Climate Impact of a Cruise Ship
Cruise operators are replacing oil-based fuel with liquefied natural gas to run their ships and pitching the shift
2023-07-31 21:52
Euro Zone Returns to Growth as Core Inflation Stays Strong
The euro-area economy returned to growth while underlying inflation pressures persisted — supporting early arguments for the European
2023-07-31 17:54
Italy’s Economy Unexpectedly Shrinks in Setback for Meloni
Italy’s economy unexpectedly contracted in the second quarter, a setback for premier Giorgia Meloni’s government as it tries
2023-07-31 17:21