The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news f...
Tag: U.S.
SEC Chairman To Testify In Front Of U.S. Senate Banking Committee, Deaton Says “Gensler Realized Hiding Behind Twitter Videos Isn’t Working”
– Advertisement – Attorney Deaton Slams Gary Gensler’s Leadership at the SEC As SEC Chairman is Set To Testify In Front Of U.S. Senate Banking. Ripple (XRP) Holders Attorney Slams SEC Chai...
Goldman Sachs says U.S. house prices likely to stabilise by 2023
The real estate market has had a volatile year, to say the least, with home sales growing from July 2021 until January 2022, after which an abrupt fall in sales has left houses sitting unsold on a coo...
UBS warns the U.S. now faces a 60% chance of sinking into a recession
The U.S. Federal Reserve (Fed) has been talking tough and taking an aggressive stance toward inflation with the goal of preventing a recession. During the Covid lockdowns, stimulus moves brought liqui...
Defending Champion Emma Raducanu Ousted In U.S. Open First Round
Emma Raducanu, of Britain, reacts scoring a point on Alize Cornet, of France, during the first round … [+] of the US Open tennis championships, Tuesday, Aug. 30, 2022, in New York. (AP Photo/Fra...
Venus Williams Bows Out In U.S. Open 1st Round A Day After Serena’s Epic Win
NEW YORK, NY – AUGUST 31: Serena Williams of The United States is congratulated by her sister and … [+] opponant Venus Williams of The United States following their ladies singles third ro...
Skipped Health Care Visits May Have Caused More Than 100,000 Maternal And Child Deaths In Vulnerable Countries During Pandemic, Study Finds
Topline The Covid-19 pandemic may have fueled higher levels of maternal and child mortality in more than a dozen of the world’s poorest countries by causing women and children to skip health care visi...
Texas reports what may be the first U.S. death from monkeypox
Monkeypox virus, illustration. Thom Leach | Science Photo Library | Getty Images Texas health officials said Tuesday that a person diagnosed with monkeypox died in what may be the nation’s first...
U.S. is headed for ‘whopper of a recession’ in 2023: Professor Hanke
The U.S. economy is headed for much more than just a “technical” recession in 2023, says Steve Hanke. He’s a Professor of Applied Economics at Johns Hopkins University. It’s not entirely about the rat...
Sportradar Sees Strong U.S. Revenue Growth, Eyes Profitability By 2024
FILE – Basketball legend Michael Jordan speaks during a press conference ahead of an NBA basketball … [+] game between the Charlotte Hornets and Milwaukee Bucks in Paris, Jan. 24, 2020. Th...
Serena Williams Fends Off Retirement At U.S. Open. Is She Poised For A Jimmy Connors-Type Run At Age 40?
Serena Williams, of the United States, serves to Danka Kovinic, of Montenegro, during the first … [+] round of the US Open tennis championships, Monday, Aug. 29, 2022, in New York. (AP Photo/Fra...
As Mortgages Spike Dramatically, Should We Expect A House Price Crash?
PARK RIDGE, IL – JULY 27: What’s does current data suggest about the U.S. housing market? (Photo by … [+] Tim Boyle/Getty Images) Getty Images While the U.S. flirts with recession, o...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chairman of Morgan Stanley Asia, warns the ...
Jerome Powell Agonized on The Rising Inflation in the U.S.
The United States is experiencing red hot inflation and the authorities are doing every possible thing to make things back to normal. Fed Chair Jerome Powell spoke at The Jackson Economic Symposium ex...
Honda, LG Energy Solution to build $4.4 billion battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
Remote Work, Quiet Quitting May Make Holiday Hiring Difficult For Retailers
Many of employed job seekers are conducting searches in a passive way by casually looking for jobs … [+] according to the CareerBuilder 2022 Survey. Courtesy of CareerBuilder Retailers are chall...
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is rapidly boosting its reserve status
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is rapidly boosting its reserve status China’s economy has been immense...
Honda Is The Latest Car Maker To Plan A Big U.S. Battery Plant—Just In Time For New EV Tax Credit
Honda and LG are planning a $4.4 billion battery plant to supply lithium-ion packs for models including the 2024 Acura ZDX crossover. Honda Motor Co. Honda Motor Co., which doesn’t sell any autos in t...
U.S. Business Optimism About China Outlook Drops To Record Low
People wearing protective masks use a laptop computer outside of a Starbucks Corp. in 2020. … [+] Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Optimism among American companies...
U.S. Cancer Moonshot Needs Stronger Int’l Effort To Make Substantial Progress – Kevin Rudd
Kevin Rudd, president of the Asia Society, introduces Antony Blinken, U.S. Secretary of State, at … [+] George Washington University in Washington, D.C. on May 26, 2022. Photographer: Eric Lee/B...
Why Not Extend Permanent Safe Haven?
COX’S BAZAR, BANGLADESH – SEPTEMBER 13 : A Rohingya Muslim woman, fled from ongoing military … [+] operations in Myanmars Rakhine state, gets off a boat while fleeing to a temporary ...
U.S: down real estate, stocks and crypto
Powell’s words did not do the U.S. markets any good, and like a tsunami, all stock prices came down, including the cryptocurrency and real estate markets. On August 27, the Jackson Hole Symposium was...
U.S. Dollar Hits Two Decade High: Here’s What That Means
Topline The U.S. dollar hit a two-decade high on Monday, responding to Federal Reserve Chairman Jerome Powell’s comments that the central bank will continue to tackle inflation “forcefully”—signaling ...
U.S. Open Tennis Stars Help Raise $1.2 Million For Ukraine Crisis
After their match at the “Tennis Plays for Peace” event at the U.S. Open on Wednesday, reporter … [+] Blair Henley spoke with Rafael Nadal, Iga Swiatek, Coca Gauff, and John McEnroe....
U.S. delisting risk for Chinese ADR stocks halves after deal
The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S...
U.S. Stocks Poised Fall on Monday
Stocks are poised to open lower on Wall Street on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open lower on Monday as investors look toward Friday’s report on August jobs...
U.S. stock futures sink following Friday’s Wall Street rout
U.S. stock-index futures plunged Sunday, after Wall Street sank Friday following hawkish comments from Federal Reserve Chairman Jerome Powell that the fight against stubborn inflation would continue, ...
$1.25T Wiped off U.S. Equities Markets After Fed Speech, Losses Surpass Crypto Market Cap
As Chairman of the Federal Reserve Jerome Powell announced tighter measures to bring down inflation, U.S. stocks tanked, with bitcoin briefly hitting a one-month low. The Dow Jones Industrial Average ...
U.S. states fall short of pledges to cut ties with Russia
Driven by moral outrage over Russia’s invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia. A few stat...