Articles

Dow Jones Newswires: RBA minutes highlight mounting pressure for June rate hike amid rising wages

The Reserve Bank of Australia's move to raise the official cash rate in June was "finely balanced," amid increasing evidence that pressure is building quickly under wage growth, the main trigger for the increase that surprised many in financial markets.

Dow Jones Newswires: China lowers benchmark lending rates by 10 basis points

This was the first cut in the benchmark loan rates since August 2022, as Beijing moved to roll out more measures to buoy growth.

: Spotify’s Bill Simmons calls Prince Harry and Meghan Markle ‘grifters’ after podcast deal ends

Podcaster and Spotify SA executive Bill Simmons thinks Prince Harry and Meghan Markle are "grifters," after the royal couple ended their relationship with the streaming platform following an unproductive production deal.

The Tell: ‘Magnificent Seven,’ meet the ‘Junk Bond Five’ spurring the rally in distressed debt

The stock market isn't the only place where a handful of companies are driving powerful gains. It's happening too in distressed junk bonds.

Dow Jones Newswires: Raytheon gets $264 million U.S. Navy modification contract for missiles

Raytheon Technologies said Monday it will produce and deliver 571 AIM-9X Sidewinder missiles and parts for the U.S. Navy, U.S. Air Force and foreign military sales customers as part of a $264 million modification to a contract it received at the end of last year.

Dow Jones Newswires: Swedbank reaches settlement with U.S. Treasury

Swedbank said Monday that it has reached a final settlement with the U.S. Treasury's Office for Foreign Assets Control regarding the bank's past shortcomings in preventing money laundering, agreeing to pay 37 million Swedish kronor ($3.5 million).

Economic Report: Home builders turn bullish for the first time in nearly a year amid strong housing demand

Home builder sentiment rose for the sixth month in a row in May, the National Association of Home Builders said.

: Warren Buffett’s Berkshire Hathaway boosts stakes again in five Japan trading companies

Berkshire Hathaway said Monday that it has lifted stakes in Japan based Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo to more than 8.5%.

: My ID was lost or stolen on vacation. Can I still get on the plane home?

What to know if you’re arriving at a U.S. airport without valid identification, like in the event that your wallet gets stolen during a trip

Key Words: Why Peter Hotez says he won’t debate RFK Jr. after weekend of Rogan, Musk taunts

Dr. Peter Hotez, the dean of the National School of Tropical Medicine at Baylor College of Medicine, explains why he won't debate presidential candidate Robert F. Kennedy Jr.

: Intel to build new factory in Germany, following similar plans for Poland, Israel, reports say

Intel is making more moves to cut its dependence on Asian chip manufacturing, with plans to open a new factory in Germany, Bloomberg reported on Monday.

: Key U.K. mortgage rate tops 6% as Bank of England set to hike again

A key U.K. mortgage rate topped 6%, days ahead of a Bank of England rate decision where the central bank is again expected to lift interest rates.
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