Fri, 22 Sep 2023

Nasdaq Composite tumbles 209 points after Fed leaves rates unchanged

NEW YORK, New York - Interest rates could stay higher for longer, but there is the possibility of rate cuts ...

Federal Reserve losses surpass $100 billion, and still rising

WASHINGTON D.C.: Last week, the Federal Reserve said its losses surpassed the US$100 billion mark and will likely continue to ...

Wall Street falls ahead of Federal Reserve interest rate decision

NEW YORK, New York - U.S. investors fretted Tuesday while the U.S. central bank deliberated on whether to hike interest ...

Shaky consumer trust, labor cost hit holiday hires by US retailers

CHICAGO, Illinois: According to a report released by global outplacement and executive coaching firm Challenger, Gray & Christmas, U.S. retailers ...

U.S. stocks quiet ahead of Federal Reserve meeting on Tuesday

NEW YORK, New York - U.S. stocks stocks were quiet and little changed Monday, ahead of the Federal Reserve's monthly ...

Northrop Grumman, Lockheed sanctioned by China for sales to Taiwan

BEIJING, China: U.S. aerospace and defense firms Northrop Grumman and Lockheed Martin have been sanctioned by China for selling weapons ...

Contract-related costs could be $500 million more than expected: UPS

ATLANTA, Georgia: This week, United Parcel Service (UPS) said due to a new five-year contract covering some 340,000 Teamsters-represented workers ...

China's non-financial ODI up 18.8 pct in January-August

© Provided by Xinhua BEIJING, Sept. 21 (Xinhua) -- China's non-financial outbound direct investment (ODI) increased 18.8 percent year on ...

Nashville gains valuable 3 points vs. Sporting KC

(Photo credit: Denny Medley-USA TODAY Sports) Golden Boot leader Hany Mukhtar scored a crucial goal in the 66th minute to ...

Billy Sharp's hat trick helps Galaxy top Minnesota United

(Photo credit: Kiyoshi Mio-USA TODAY Sports) Billy Sharp produced his first MLS hat trick and Diego Fagundez scored the tiebreaking ...

Selling spree continues in Indian stocks for third straight day

New Delhi [India], September 21 (ANI): The selling spree continues in Indian stock markets for the third straight session as ...

Sounders edge Rapids, climb to second in West

(Photo credit: Ron Chenoy-USA TODAY Sports) Leo Chu and Albert Rusnak netted goals to lift the Seattle Sounders to a ...

US Fed keeps interest rate unchanged but cautions on elevated inflation

Washington [US], September 21 (ANI): The US Federal Reserve in its September policy meeting left the key interest rate unchanged ...

Nashville Gains Valuable 3 Points in Kansas City

(Photo credit: Denny Medley-USA TODAY Sports) Golden Boot leader Hany Mukhtar scored a crucial goal in the 66th minute to ...

U.S. gov't even closer to shutdown as national debt breaks 33 tln USD

© Provided by Xinhua The deadlocked House has five days left in session before the Sept. 30 deadline to avert ...

US Fed leaves rates unchanged

WASHINGTON, 20th September, 2023 (WAM) -- The US Federal Reserve unanimously voted today to hold its overnight interest rates unchanged ...

Fed Keeps Rates Unchanged, Signals Another Hike Later This Year

washington - The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three ...

U.S. gov't even closer to shutdown as national debt breaks 33 tln USD

BEIJING, Sept. 20 (Xinhua) -- The U.S. House of Representatives canceled a scheduled vote Tuesday on a temporary government funding ...

Roundup: UAW sets Friday deadline for more plant strike

© Provided by Xinhua Analysts warned that the strike, though limited for the time being, may develop into a prolonged ...

Indian stocks extend losses, await US Fed policy outcome for fresh cues

New Delhi [India], September 20 (ANI): Indian stock indices extended losses from the previous session and edged sharply lower on ...

Study finds training gut's immune system to fight harmful effects of emulsifiers in processed food

California [US], September 20 (ANI): In a new study, mice with immune systems that had been trained against the microbial ...

Market exchange rates in China -- Sept. 20

BEIJING, Sept. 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, ...

US Autoworkers Threaten to Expand Strike if No Progress Is Made

Striking autoworkers in the United States are threatening to expand their strike to more plants if significant progress is not ...

Google Plans to Incorporate Its Bard Chatbot Into Its Apps

Google announced Tuesday that its Bard chatbot would be integrated into Gmail, YouTube and other applications in a push to ...

Renewed Labor Movement in US Flexes Its Muscles

The announcement last week that the United Auto Workers (UAW) union would go on strike against the country's three largest ...

Chinese yuan strengthens to 7.1733 against USD Tuesday

© Provided by Xinhua BEIJING, Sept. 19 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the ...

Market exchange rates in China -- Sept. 19

BEIJING, Sept. 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, ...

FBI Echoes Warning on Danger of Artificial Intelligence

washington - Just as many in the United States are starting to explore how to use artificial intelligence to make ...

Market exchange rates in China -- Sept. 18

BEIJING, Sept. 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, ...

US Auto Workers Remain on Strike, Demanding Better Pay

The United Auto Workers' strike against the three biggest U.S. automakers reached into its third day on Sunday with no ...

Pakistan: Jaamaat-e-Islami Karachi chief calls for citywide shutdown on Tuesday to protest inflated power bills, inflation

Islamabad [Pakistan], September 18 (ANI): As the protests over inflated electricity bills in Pakistan continue, the Karachi chief of the ...

Prajakta Koli gets engaged to boyfriend Vrishank Khanal

Mumbai (Maharashtra) [India], September 17 (ANI): Actor Prajakta Koli on Sunday announced her engagement to boyfriend Vrishank Khanal. Taking to ...

Update: UAW announces start of strike at Big Three U.S. automakers

While Democratic lawmakers from Michigan issued statements Friday supporting the UAW, Republican lawmakers of Michigan urged automakers and autoworkers to ...

Libya's Flooding Death Toll Soars to 11,300

DERNA, Libya - The death toll in Libya's coastal city of Derna has soared to 11,300 as search efforts continue ...

Denis Bouanga, LAFC double up Galaxy in El Traffico

(Photo credit: Jayne Kamin-Oncea-USA TODAY Sports) Denis Bouanga scored two goals, including the tiebreaking tally in the 75th minute, to ...

Earthquakes inch closer to playoffs with 2-1 defeat of Real Salt Lake

(Photo credit: Darren Yamashita-USA TODAY Sports) Jeremy Ebobisse scored his ninth goal of the season, Rodrigues added the eventual matchwinner ...

Sporting KC scores much-needed win vs. Minnesota United

(Photo credit: Matt Blewett-USA TODAY Sports) Gadi Kinda scored in the 84th minute, lifting Sporting Kansas City to a 1-0 ...

DEWA adopts new Microsoft generative AI tool to drive digital transformation

DUBAI, 16th September, 2023 (WAM) -- Dubai Electricity and Water Authority (DEWA) has adopted Microsoft Power Platform and its AI-powered ...

G42 and Microsoft unlock new opportunities for digital transformation with joint sovereign cloud and AI offering

ABU DHABI, 5th September, 2023 (WAM) -- G42 and Microsoft have embarked on the next phase of their ongoing strategic ...

UAE's economy to continue its robust performance in 2023: OPEC monthly report

VIENNA, 10th August, 2023 (WAM) -- The Organisation of the Petroleum Exporting Countries (OPEC) forecast that the UAE's economy will ...

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Stocks in U.S. and around world decline as bond yields jump

NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...

Chicago Symphony Orchestra, musicians' union ink a new deal

CHICAGO, Illinois: The Chicago Symphony Orchestra (CSO) and the Chicago Federation of Musicians announced over the weekend that they agreed ...

Alibaba head, President Erdogan debate $2 billion funding in Turkey

ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...

Tesla, Saudi Arabia discussing potential EV factory, says WSJ

NEW YORK: This week, the Wall Street Journal (WSJ) reported that U.S. electric vehicle (EV) maker Tesla and Saudi Arabia ...

Nasdaq Composite tumbles 209 points after Fed leaves rates unchanged

NEW YORK, New York - Interest rates could stay higher for longer, but there is the possibility of rate cuts ...

Amid possible Riksbank rate rise, Swedish Krona stumbles against euro

STOCKHOLM, Sweden: Days before the Riksbank, Sweden's central bank, is expected to again raise interest rates, the Swedish krona hit ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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