A Senate committee voted in favor of former Los Angeles Mayor Eric Garcetti’s nomination to be US ambassador to India, clearing the way for Senate action despite questions over his handling of a sexual harassment case.
Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp.
Apple Inc. is reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter, a sign of the nation’s growing importance.
The Bank of Japan will conclude Governor Haruhiko Kuroda’s final meeting Friday, with global investors remaining on high alert for a surprise parting shot from Kuroda that may jolt financial markets around the world.
PKN Orlen has all but pivoted away from Russian crude at its refineries in Poland, Lithuania and the Czech Republic a year after its neighbor invaded Ukraine.
Oil fell for a second-straight session as the first draw from US crude inventories this year failed to turn trader confidence in crude amid the Federal Reserve’s persistent hawkish tone.
The economy proved resilient to start the new year, marked by steady consumer spending and stabilizing manufacturing activity, contacts surveyed in the Federal Reserve’s latest Beige Book said.
Canada asked for formal consultations with Mexico over the Latin American nation’s restrictions on genetically modified agricultural imports under their free-trade agreement, following a separate request by the US focused on corn earlier this week.
An 82-year-old Colorado man sold $800,000 of fake sports trading cards, including some with images of basketball star Michael Jordan, according to federal prosecutors in New York.
It’s no secret that the labor market is strong right now, with US unemployment currently hovering at a five-decade low.
