News
US trade deficit increases in July
The US goods and services trade deficit increased by $5.8 billion to $78.8 billion in July on the back of...
Women lead record number of central banks: IMF
Women lead 29 central banks, up from from 23 in 2023, the biggest rise in decades according to the IMF,...
SEC settles with US Navy shipbuilder over accounting fraud charge
Last week the Securities and Exchange Commission settled with Austal, a Mobile Alabama-based navy shipbuilder, over fraudulent revenue recognition charges...
US personal income expenditure rises
Personal income expenditures rose 0.5% on a monthly basis, while personal income rose 0.3%, according to a report for July...
ConocoPhillips to buy Marathon Oil
The mammoth $16 billion acquisition of Marathon Oil by Conoco Phillips is expected to close in 4Q24 pending Federal Trade...
US Metropolitan area employment down
Metropolitan area employment was down in 350 of 389 metropolitan areas, lower in 22 areas and unchanged in 17 areas,...
IBM to close China R&D department
IBM will be transferring its R&D operations in China to other facilities abroad, according to newswire Dow Jones, due to...
Beef prices reach record highs on back of drought
Droughts in Texas, the most important beef producing state in the US, have led to record hig prices as herds...
US Treasury Department sanctions former president of Haiti
Michel Joseph Martelly was sanctioned yesterday by the US Department of Treasury’s Office of Foreign Assets Control for participating in...
Elon Musk snarks at Kamala Harris’ tax policy proposals on X
Elon Musk snarked that Kamala Harris’ tax policies would lead to “bread lines and ugly shoes,” in response to proposals...
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