ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the fortunes inherited by the newly-minted super-rich exceeding cash generated by…
By Roushni Nair (Reuters) – Investors turned bullish on most emerging Asian currencies, as prospects of a potential end to U.S. interest rate hikes led to weakness in the greenback…
WASHINGTON (Reuters) – Top Biden administration officials on Friday rejected a decision by Moody’s ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a…
By David Shepardson (Reuters) – Ford Motor said on Friday it will temporarily cut one of three shifts at the Michigan plant that builds its electric F-150 lightning pickup truck,…
By Kirsty Needham SYDNEY (Reuters) – The release of an Australian journalist after three years in a Chinese prison should improve the atmosphere for a visit by Australia’s prime minister…
A look at the day ahead in European and global markets from Tom Westbrook Stocks are up, U.S. interest rate expectations are getting tweaked lower and yields are in a…
BERLIN (Reuters) – Mercedes-Benz Trucks, the European division of commercial vehicle maker Daimler Truck, premiered its battery-electric long-haul truck eActros 600 on Tuesday, with series production planned for the end…
KUALA LUMPUR (Reuters) – Malaysia expects to save at least $1 billion to $2 billion a year from a shift to a targeted subsidy system in a bid to narrow…
By Anton Bridge and Scott Murdoch TOKYO (Reuters) – Japan equity offerings have more than quadrupled in value this year, with investors encouraged by a surge in the Nikkei stock…
By Joe Cash BEIJING (Reuters) – U.S. and European firms are shifting investment away from China to other developing markets, a report from Rhodium Group showed, with India receiving the…
By Sheila Dang (Reuters) – X’s new content moderation policy made it challenging to convince brands that the Elon Musk-owned social media platform was safe for ads, according to the…
CHERRY HILL, NJ – A large brush fire in Wharton State Forest in Waterford Township is the source of a strong smoke odor permeating Cherry Hill Township. Higher humidity and…
Schools Increasingly Shift To Four-Day Week To Appease Disgruntled Teachers Reagan Reese on August 21, 2023 Ahead of the 2023-2024 school year, more school districts throughout the country have decided…
‘Radical Shift’: George Soros’ Foundation Is Scaling Back In Europe Amid Major Shakeup Jason Cohen on August 15, 2023 Left-wing billionaire George Soros’ Open Society Foundations (OSF) is backing out…
By Yoruk Bahceli (Reuters) – Financial markets barely flinched when Fitch stripped the United States of its top credit rating, but it served as a reminder of longer-term structural risks…
By David Shepardson (Reuters) – General Motors said Friday it plans to boost employment next year despite concerns raised by autoworkers that the shift to electric vehicles will reduce labor…
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s latest policy shift would not have a major impact on Japanese banks unless there are sudden spikes…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s surprise decision last week to raise a cap on interest rates was partly driven by policymakers’ growing worries ultra-loose monetary…
By Kantaro Komiya TOKYO (Reuters) -The Bank of Japan’s Friday decision to make its yield curve control (YCC) more flexible was not deemed a shift in its monetary easing stance,…
By Naomi Rovnick, Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The Japanese yen is on a bumpy path towards strengthening after Friday’s central bank policy change, threatening to upend…
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, on Thursday asked a judge to let him subpoena documents from 10 banks, in an…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh…
‘Tectonic Shift’: MSNBC Guest Calls For ‘9/11’-Era Security Changes To Address ‘Threat’ Posed By Trump Supporters Harold Hutchison on July 25, 2023 An MSNBC guest called for “9/11”-era security changes…
College Towns Across America See Massive Democratic Shift: REPORT Arjun Singh on July 21, 2023 College towns across the United States have come to overwhelmingly support Democrats, which is damaging…
BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency curbs to boost migrant workers’ spending power, a central bank…