Arizona US Representative Ruben Gallego launched his widely expected bid for the Senate seat currently held by Kyrsten Sinema, who left the Democratic party last month to become an independent.
Canadian auction company Ritchie Bros. Auctioneers Inc. will boost the cash portion of its takeover offer for IAA Inc. and accept a $500 million investment from Starboard Value LP to help fund the deal.
The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, Bank of Montreal strategist Brent Joyce said.
Credit cards with rewards are rewarding only for those who know how to profit from the system, according to a paper released by the Federal Reserve.
The US Supreme Court refused to review the convictions of two former Deutsche Bank AG precious-metals traders for manipulating gold and silver prices with “spoof” trade orders.
Dubai’s stock exchange is in talks with companies planning dual listings to attract both foreign and local investors, its chief executive officer said.
New York City’s snow drought may come to an end Wednesday, just in time for the morning commute.
(Bloomberg) — European Central Bank Governing Council member Peter Kazimir joined a chorus of fellow hawks in rejecting suggestions that moderating inflation will soon warrant smaller interest-rate increases.
Billionaire hedge fund manager and activist investor Bill Ackman is buying a minority stake in Bremont as the UK luxury watchmaker looks to expand in the fast-growing US market.
Pakistan increased its benchmark interest rate to 17%, the highest in more than 24 years, as the economy grapples with raging inflation, supply shortages, dwindling currency reserves and stalled foreign financing.
