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The first government shutdown in years started Wednesday after lawmakers and President Trump stopped negotiations and focused instead on trying to set up the other side to take the political blame.
Shares were mixed in Asia on Wednesday, with Chinese markets closed for a weeklong holiday, as a U.S. government shutdown loomed. Japan's Nikkei 225 index shed 1.2% to 44,411.26 after the Bank of Japan reported a slight improvement in business sentiment
The quarterly survey, called the “tankan,” showed the outlook among major manufacturers, the key so-called diffusion index, rose 1 point to plus 14 from the findings in June. The tankan for large manufacturers was plus 12 in March, marking the first drop
Global investors are pulling back from Indian equities at a frantic pace, setting the stage for what may be the largest foreign outflows in history this year. A cocktail of punitive US tariffs, weak earnings, and some of the world’s priciest valuations h
Will Fed rate cuts and stronger loan demand help MTB lift 2025 net interest income to as much as $7.15B? Let's explore now.
The U.S. Department of Energy has taken equity stakes in Canadian company Lithium Americas and its Nevada mining joint venture with General Motors as part of a renegotiation of a federal loan. Under the new terms, the U.S. government will take a 5% equity
TAIPEI (Reuters) -Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island's top tariff negotiator said on Wednesday after returning home. U.S. Secretary of Commerce Howard L
Global crude exports set new highs, reaching 40.4 mb/d in September, driven by Saudi Arabia, Iraq, Brazil, and Guyana.
Investors are weighing the likely impact of the first US shutdown in seven years, which puts hundreds of thousands of jobs and billions of dollars in output at risk.
Wall Streett is assessing the first US shutdown in seven years and an unexpected drop in private-sector jobs.
Wall Streett is assessing the first US shutdown in seven years and an unexpected drop in private-sector jobs.
NEW YORK (Reuters) -Federal Reserve liquidity facilities saw much less interest from Wall Street than expected on Tuesday as the third quarter came to a close, though a climb in repo rates showed some liquidity pressure. Quarter ends generally see challe
Bitcoin (BTC USD) price closed September near $113,400, slipping from an intraday high of $114,842 as trading wrapped up on September 30. The late-month pause came as gold pushed to fresh all-time highs, renewing debate over whether Bitcoin might follow b
Citi analysts on Tuesday estimated that robust AI demand would drive hyperscalers to spend $490 billion on infrastructure next year, about $70 billion more than they had previously forecast.
The latest trading day saw Teekay Tankers (TNK) settling at $50.55, representing a -1.39% change from its previous close.