High-Speed Rail to Connect Vegas and LA Thanks to $3 Billion Grant
The Biden administration pledged $3 billion on Tuesday to assist start constructin track for a planned high speed rail connection between Las Vegas and the Los Angeles area, Nevada elected leaders said.
Dec 05, 2023 09:47 PM EST
Pakistanis Grapple with Inflation as Floods and Politics Fuel Cost Crisis
The prolonged economic crisis has affected millions of Pakistanis, as the nation receives its 23rd bailout from the International Monetary Fund (IMF) since 1958.
Nokia Stumbles After Losing AT&T, Shares Hit Three-Year Low
Nokia's stock fell to a three-year low after the telecom giant missed out on a significant agreement to launch a new network in the United States alongside AT&T, the industry titan.
Supreme Court Case Threatens Billionaire Taxes, Could Unleash Chaos on U.S. Finances
On Tuesday, the Supreme Court will hear arguments in a much-awaited case that some fear might have far-reaching effects on the US tax system and derail Democratic attempts to impose a wealth tax.
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China says will protect South China Sea sovereignty
China said on Tuesday it had "irrefutable" sovereignty over disputed islands in the South China Sea after the White House vowed to defend "international territories" in the strategic waterway.
Jan 26, 2017 11:09 AM EST
Jump in manufacturing, tight labor markets show U.S. economic health: Fed
The Fed states that the US economy is improving, there is a revitalization of manufacturing and the labor market has become very tight lately.
Jan 18, 2017 05:15 PM EST
Oil and Trump: Russians full of optimism in Davos
A year ago russians felt depressed because the price of oil plummeted and the West imposed sanctions, but today the price of oil has increased and soon Trump will ease the sanctions.
Jan 18, 2017 05:15 PM EST
U.S. sues JPMorgan for alleged mortgage discrimination
The United States on Wednesday sued JPMorgan Chase & Co, accusing the bank of discriminating against minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and at least 2009.
Jan 18, 2017 10:59 AM EST
Wall Street opens little changed
U.S. stocks opened little changed on Wednesday as investors assessed economic data and the last of big bank earnings, while awaiting Federal Reserve Chair Janet Yellen's speech.
Jan 18, 2017 11:00 AM EST
Deutsche Bank signs $7.2 billion deal with U.S. over risky mortgages
Deutsche Bank (DBKGn.DE) (DB.N) finalized a $7.2 billion settlement with the U.S. Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said on Tuesday.
Jan 18, 2017 11:00 AM EST
Mexico to lure undeclared cash with lower repatriation tax: decree draft
Jan 17 Seeking to boost its paltry tax take, Mexico's government will offer those holding undeclared capital abroad a lower tax to repatriate it and invest it at home, a draft of the decree obtained by Reuters showed on Tuesday.
Jan 18, 2017 09:24 AM EST
Britain will leave EU single market as May sets aim for 'hard Brexit'
Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest trading bloc.
Jan 18, 2017 09:27 AM EST
Britain to leave EU market as May sets 'hard Brexit' course
When leaving the European Union, Britain will also leave a market of 500 million people. After this, Britain will establish its own free trade deals.
Jan 18, 2017 09:23 AM EST
Wall Street falls with financials, other post-election gainers
US stocks fell due to protectionist trade policies planned by Trump, the concerns pushed the dollar to its lowest in more than a month
Jan 18, 2017 09:23 AM EST
Wal-Mart, General Motors reaffirm jobs long planned, Trump says thanks
Wal-Mart will create 10,000 jobs this year and GM will add 1,500 U.S. jobs, Trump congratulated both companies with a tweet.
Jan 18, 2017 09:23 AM EST
BAT agrees to buy Reynolds for $49 billion
BAT has agreed a $49.4 billion takeover of Reynolds, creating the world's biggest tobacco company, the deal will mark the return of BAT to the U.S. market after 12 years
Jan 18, 2017 09:23 AM EST
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