Federal Reserve officials stressed the need to keep raising interest rates, including the potential for borrowing costs to peak at a higher level than previously expected amid ongoing price pressures.
Bed Bath & Beyond Inc. was just days away from filing a bankruptcy petition before a game-changing conference call on Friday with its increasingly impatient lenders.
Oil rose for a third day amid signs of rebounding demand among US refiners.
Brazil’s real rose and swap rates fell after one of Luiz Inacio Lula da Silva’s cabinet members said the administration will respect a law that gives autonomy to the central bank despite the president’s growing attacks against the monetary authority.
Ron DeSantis fired back at Donald Trump for the ex-president’s intensifying broadsides against Florida’s governor as the war of words between the two potential GOP 2024 primary front-runners deepens.
Bank of Canada officials debated holding rates or hiking by another quarter percentage point at their January decision, according to a summary of their deliberations.
Embattled GOP Representative George Santos showed up early to claim a coveted aisle seat that was well-placed for a chance to shake President Joe Biden’s hand at the State of the Union address, but instead he ended up sparring with Republican Senator Mitt Romney.
A freshman New York Democrat used evidence he acquired as the lead attorney for Donald Trump’s first impeachment to publicly debunk accusations leveled by Republicans at President Joe Biden and his family at a Wednesday hearing.
CVS Health Corp. agreed to buy Oak Street Health Inc. in a $10.6 billion deal that further integrates primary care into the health-care conglomerate, positioning it to take advantage of a shift in how medical care is paid for.
The number of Covid-related deaths and severe cases at Chinese hospitals have both declined by 98% from peak levels reached in early January, according to the country’s Center for Disease Control and Prevention.
