Yum China said on Monday finance chief Andy Yeung was stepping down after nearly five years in the role and that its quarterly earnings were boosted by strong performance at its KFC and
August 05, 2024
The financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall further,
August 05, 2024
The Federal Reserve issued new guidance on Monday for larger U.S. banks detailing how they should develop "living wills" detailing how they can be safely dissolved.
August 05, 2024
Palantir Technologies raised its annual revenue and profit forecast for the second time this year on Monday, the latest sign that the generative AI boom is driving demand
August 05, 2024
Spirit AeroSystems said on Monday its quarterly losses more than doubled as 737 fuselage shipments to its biggest customer Boeing fell and losses mounted on its Airbus A220 program.
August 05, 2024
Spreads on U.S. interest rate swaps over Treasuries tightened or turned more negative on Monday as long-term investors hedged their exposure in the
August 05, 2024
Lucid Group said on Monday its largest shareholder, Saudi Arabia's Public Investment Fund, will inject up to $1.5 billion in cash, as the electric vehicle
August 05, 2024
U.S. banks reported unchanged demand for commercial and industrial loans in the second quarter, the first time in two years that demand did not weaken, a Federal Reserve survey of senior
August 05, 2024
From massive U.S. tech stocks to bitcoin, a spasm of economic worries is forcing an unwind of the year’s most popular trades, leaving investors to
August 05, 2024
After a weaker-than-expected jobs report in July, markets have taken a tumble. CNN's Rahel Soloman explains why stocks are plunging and what you should do with your portfolio.
August 05, 2024
Mortgage financing firms Fannie Mae and Freddie Mac are set to impose stricter rules for commercial property lenders and brokers, following a budding regulatory crackdown on fraud in the
August 05, 2024
U.S. junk bond spreads over yields on risk-free Treasuries widened further on Monday, after ending last week with the biggest daily points surge since March 2023, indicating
August 05, 2024
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday
August 05, 2024
Futures on the Secured Overnight Financing Rate (SOFR) and the Federal funds rate, which measure expectations of Federal Reserve monetary policy moves,
August 05, 2024
U.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-
August 05, 2024
Ethiopia has imported 14 million litres of cooking oil to ensure sufficient supplies of the basic commodity, its trade minister said, after the country's central bank floated
August 05, 2024
A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard
August 05, 2024
A string of dramatic revisions to official U.S. oil consumption data have unnerved market participants who rely on the figures to trade.
August 05, 2024
Global markets have kicked off the week in full selloff mode, with measures of volatility shooting up by the most on record in a single day, while equity futures
August 05, 2024
Charles Schwab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to
August 05, 2024
"Up the escalator, down the elevator shaft" is a well-worn FX market maxim describing the dollar's typical moves against the yen.
August 05, 2024
South African banks report their half-year earnings from Tuesday, with the focus on whether credit impairments have peaked and on the interest rate outlook,
August 05, 2024
Wall Street's most-watched gauge of investor anxiety logged its largest ever intraday jump on Monday and closed at its highest since October 2020, as traders
August 05, 2024
Japan-focused hedge funds face the steepest daily performance losses on Goldman Sachs' records, the bank said in a note on Monday, following a global stock rout
August 05, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary
August 05, 2024
California firefighter accused of sparking blazes in the state's wine country
GM to lay off about 1,700 workers at Kansas plant
Ireland drops plans for hate speech law, minister says
US not responsible for violence in Mexico's Sinaloa state, ambassador says
Russian strike on apartment block in Kharkiv injures 12
Tens of thousands of bees found living in a Maine family’s farmhouse
Sullivan expresses worry over escalating Israel-Lebanon tension, calls Hezbollah strike as justice served
No. 3 Ohio State looks ahead to Big Ten schedule after rolling through nonconference games
Garrett Greene throws two late TD passes and West Virginia beats Kansas 32-28
Dubois beats up Joshua to retain IBF heavyweight title with 5th-round knockout