Microsoft will pay $20 million to resolve FTC claims that it improperly acquired sensitive data from children without their parents’ approval, the FTC announced on […]
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IMF developing platform for global central banks’ digital currencies
According to IMF Managing Director Kristalina Georgieva, the International Monetary Fund is developing a platform for central bank digital currencies (CBDCs) to allow transactions between […]
Republican House retirement fund legislation targets ESG investing
House Republicans are keeping up with their efforts to pump the brakes on so-called “woke” investing with fresh legislation that could impose restrictions on financial […]
According to the IMF’s chief, there is no significant slowdown in lending, and the Fed may need to do more.
The IMF has yet to view adequate banks pulling back on lending that would impact the U.S. Federal Reserve’s decision to modify its path with […]
Layoffs increase in May as U.S. weekly jobless claims increase only modestly.
The number of Americans filing new jobless claims grew slightly last week, indicating that the labor market remained tight despite mounting worries of a recession […]
Oil declines after a significant surprise increase in US crude stocks
Oil prices fell in early trade on Thursday for the third consecutive session as data showed an unexpectedly significant gain in US oil storage last […]
Cramer believes that the money is in technology this year, and that any other sector should be avoided.
On Tuesday, CNBC’s Jim Cramer informed investors to look out for the losers since there are many of them. The best place for your funds, […]
The dollar weakens as a deal to raise the US debt ceiling increases risk appetite.
The U.S. dollar slipped on Tuesday against a majority of major currencies but did not stray away from a two-month peak after an agreement over […]
McCarthy claims that the debt ceiling agreement will be “transformational” for Americans.
On Sunday, House Speaker Kevin McCarthy told the tentative deal House Republicans have met with the White House to raise the nation’s debt ceiling will […]
Sources say a slimmed-down US debt-ceiling agreement is taking shape.
According to an individual familiar with the discussions, U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are close to reaching an agreement on […]