Chilean President Gabriel Boric vowed to take a revamped tax reform proposal to the nation’s Senate next month to finance a long list of social promises outlined in his annual State of the Nation address.
Australia’s central bank will probably raise interest rates three more times in coming months to counter persistently elevated inflation driven by surging services prices, according to two economists.
A new multistrategy hedge fund run by Wall Street veterans Brian Hurst and Elisha Wiesel began trading Thursday, focusing on offbeat strategies such as temperature arbitrage.
3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.
Senators scrambled Thursday to agree on a plan for swift consideration of the debt-limit deal forged by President Joe Biden and House Speaker Kevin McCarthy ahead of a June 5 deadline to avert a destabilizing default.
The iPhone maker aims to add about 50 new or rebuilt stores through 2027, including locations in Shanghai and London.
(Bloomberg) — Federal Reserve Bank of Philadelphia President Patrick Harker said the US central bank is close to the point where it can stop raising interest rates and turn to holding them steady in an effort to further bring down inflation.
Traders betting against semiconductor stocks are taking a beating this year as increased interest in artificial intelligence fueled a blistering rally in some sector names.
Freshpet Inc.’s board members were sued by activist shareholder Jana Partners over claims they breached their fiduciary duty by changing the number of directors up for election and accelerating its annual shareholder meeting.
Swedish housing prices extended a decline in May, as central bank rate hikes are expected to add further pressure on the market after a period of stabilization.
