CEOs from the largest airlines in the U.S. and U.K. urged regulators in both countries Monday to reopen transatlantic travel.
Comments by Fed officials in the past several weeks suggest the issue of tapering looks likely to be discussed as soon as next week’s FOMC meeting.
Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15%, U.K. Finance Minister Rishi Sunak announced in a series of tweets.
Getting inflation and rates back to a normal environment would be good, Treasury secretary tells Bloomberg
Price are rising quickly across huge swaths of the developed world, with inflation in countries that belong to the Organization for Economic Cooperation and Development surging in April to the highest rate since 2008.
Major shipping companies have warned clients of worsening congestion at Shenzens Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city.
Gold and crypto have been deemed as hedges against rising prices, with crypto bulls in some cases championing bitcoin as a modern-day replacement for bullion.
The combined quarterly total revenue of the chipmakers rose to a record $22.75 billion in the first quarter, according to TrendForce.
Intel Corps CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.
China announced on Monday that each couple would be permitted to have up to three children, a major policy shift from the existing limit of two children after recent data showed a dramatic decline in births in the world’s most populous country.
The White House on Friday sent Congress a $6 trillion budget plan that would ramp up spending on infrastructure, education and combating climate change, arguing it makes good fiscal sense to invest now, when the cost of borrowing is cheap, and reduce defi
Tech stocks are showing investors how durable they can be, bouncing back from two sharp sell-offs this year to continue a dramatic surge that has seen the Nasdaq more than double since March 2020.
Jamie Dimon, the CEO of the largest U.S. bank, said Thursday that he has personal concerns with cryptocurrency, but will not steer JPMorgan Chase (JPM) away from offering crypto-related financial services.
JD Logistics is set to raise $3.2 billion in its initial public offering after pricing its shares at 40.36 Hong Kong dollars each, at the lower end of the expected range.
Tesla Inc plans to pay in advance for chips to secure its supply of the crucial materials in a move to overcome the global chip shortage, the Financial Times reported on Wednesday, citing people familiar with the matter.
