Category: Finance & Economy
Wall Street Economists Pare Back Fed Rate-Cut Views After Data
Economists at Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. pared back their forecasts for additional Federal Reserve interest-rate cuts in response[more...]
Bosch: Up To 10,000 German Jobs At Risk As Car Market Stutters
The world's largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to EVs. Bosch has revealed it[more...]
Moody’s Downgrades France’s Credit Rating
France's newly appointed premier faces the challenge of bringing down the country's spiraling fiscal deficit and thrashing out a 2025 budget. Ratings agency Moody's on[more...]
Adani Ports Shares In Focus As Co Withdraws $553 Million US Loan For Sri Lanka Terminal
The Adani Ports and Special Economic Zone (APSEZ) has said it is withdrawing its request for a $553 million loan from US International Development Finance[more...]
Judge Approves New York Diocese’s $323 Million Bankruptcy Settlement
A Catholic diocese on New York’s Long Island has seen its long-running bankruptcy filing finally concluded, enabling hundreds of sexual abuse claims to be settled.[more...]
Missouri Bill Would Ban CBDCs, Make Gold And Silver Legal Tender
Attempts continue in the US state of Missouri to prohibit the potential use of central bank digital currencies (CBDCs). The state has seen several bills[more...]
Ripple-Linked XRP Soars to Third-Largest Token After Trump Win
The cryptocurrency gained as much as 32% Monday to hit $2.87 Since the US election it has added over $100 billion in value XRP, a[more...]
Spirit Airlines Files For Bankruptcy Protection But Plans To Keep Flying
WASHINGTON — After years of financial losses and a failed merger attempt, Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The low-cost carrier announced it[more...]
Healthcare Stocks Head For Worst Week Since 2020 As Put Volumes Soar
Healthcare stocks in the S&P 500 were headed for their worst week since 2020 on Friday. President-elect Donald Trump's decision to nominate vaccine skeptic RFK[more...]
Russia’s Mir Payment System Connected To Iran’s Shetab
Today on November 11, in an official ceremony in Tehran with the presence of Iranian CBI Governor Mohammad Reza Farzin, and a group of bank[more...]
