Fed official suggests substantial rate hikes may be needed
The Federal Reserve may have to raise its benchmark interest rate much higher than it has previously projected to get…
Exec who cleaned up Enron calls FTX mess ‘unprecedented’
NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX…
Roku Becomes Latest Firm To Reduce Staff With 200 Job Cuts
(Reuters) -Roku Inc said on Thursday it would cut 200 jobs in the United States, becoming the latest tech company…
Russia-Ukraine grain deal extended in win for food prices
ANKARA, Turkey (AP) — A wartime agreement that unblocked grain shipments from Ukraine and helped temper rising global food prices…
Fewer Americans file for jobless benefits last week
WASHINGTON (AP) — The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the…
Macy’s Lifts Profit Forecast On Strong Luxury Demand
(Reuters) – U.S. upscale department store chain Macy’s Inc raised its annual profit forecast on Thursday on resilient demand for…
Macy’s heads into holidays strongly, boosts 2022 guidance
NEW YORK (AP) — Macy’s profits and sales slid in the third quarter as the department store had to step…
Binance To Relaunch Bid To Buy Bankrupt Voyager Digital – Coindesk
(Reuters) -Crypto exchange Binance’s U.S. unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, Coindesk reported on…
Elizabeth Holmes faces judgment day for her Theranos crimes
A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for…
UK blocks chipmaker’s sale to Chinese firm, citing security
LONDON (AP) — The British government has blocked a Chinese-owned company’s takeover of a Wales-based microchip maker, calling it a…