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Shares of Faraday Future Intelligent Electric Inc. FFIE, +12.48% fell nearly 25% in the extended session Friday after the EV company said that its board is…
Leveraged loan defaults are heading for the third-worst year in history as Federal Reserve interest rate hikes take a toll, according to Goldman Sachs. The volume…
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US…
Now that the debt-ceiling non-crisis is behind us, the headlines are again full of debate and hand-wringing over inflation, interest rates, and the recession that stubbornly…
By Takaya Yamaguchi TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s administration will pledge to boost childcare spending and focus on sustaining wage hikes in its mid-year…
Investing.com — Crude prices posted their first weekly gain in three, helped by higher refinery demand and a rate cut in China, the world’s number one…
© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 14, 2023. REUTERS/Staff/File Photo By…
Fresh off the debt-ceiling showdown, Washington may be looking at another fiscal crisis: a government shutdown. At issue is a decision by House Republicans to write…
Bitcoin was rising Friday but has fallen below the range it had largely kept since March. Dreamstime Bitcoin rebounded Friday after dropping to its lowest point…
Over the past few years, restaurants from White Castle to Wendy’s have been investing in artificial intelligence tech for drive-thrus. They say it’s a way to…