China’s Stock Market Rallies on Stimulus Hopes, U.S. Inflation Data ...
网页10 小时之前 · Economists polled by Reuters expect core inflation to hold steady at 3.2% year-over-year. Kenneth Broux, head of corporate research FX and rates at Societe Generale, highlighted the stakes, noting that the U.S. economic data could play a pivotal role in determining whether the Federal Reserve pursues additional rate cuts this year.
U.S. Jobless Claims Surge to 258,000 Amid Hurricane Helene …
网页8 小时之前 · Unemployment claims in the U.S. surged to their highest level in more than a year last week, driven by the aftermath of Hurricane Helene and widespread furloughs at Boeing. The Labor Department reported that initial claims for state unemployment benefits increased by 33,000 to a seasonally adjusted 258,000 for the week ending October 5, far exceeding economists' expectations of 230,000.
Hurricane Milton Set to Slam Florida as a Category 4 Monster: Up …
网页1 天前 · Hurricane Milton, a powerful and rapidly intensifying storm, is set to make landfall on Florida's west-central coast late Wednesday or early Thursday as a Category 4 hurricane. As of Wednesday morning, Milton was still a formidable Category 5 storm, with sustained winds of 160 mph as it barreled toward the Gulf Coast. Forecasters from the National Hurricane Center (NHC) predict that while the ...
Boeing Withdraws Contract Offer to Machinists; No Deal in Sight …
网页1 天前 · Boeing's efforts to negotiate a deal with its key manufacturing union have come to a standstill, as talks between the aerospace giant and the International Association of Machinists and Aerospace Workers (IAM) broke down, extending a strike that has already stretched into its fourth week. With no further negotiations planned, the company has withdrawn its pay offer, citing the union's demands ...
Hurricane Milton Spurs Calls for New Category 6 as Storm Surge ...
网页2 天之前 · The debate over the scale's adequacy comes as Milton poses a severe threat to Florida's Gulf Coast, particularly the Tampa Bay area. The NHC has increased its storm surge forecast to 10-15 feet from the previous estimate of 8-12 feet, warning that the most severe flooding could occur along the immediate coastline near and to the south of where ...
Business Times - Business & Financial News, China & International ...
网页Tesla Reportedly Opts Out of Performance-Based Stock Incentives for Employees Amid Cost-Cutting Measures. Business Times is a digital global news publication that provides comprehensive coverage and analysis of the most important business, economic, financial, political and technological issues from China and around the world.
With $1.5 Billion Loan, Michigan’s Palisades Aims for Historic …
网页2024年9月30日 · The Palisades nuclear plant in Michigan has taken a significant step toward becoming the first nuclear reactor in U.S. history to restart operations after a shutdown. On Monday, the Department of Energy (DOE) announced that Palisades has secured a $1.5 billion federal loan to support the ambitious revival, which is being driven by Holtec International, the plant's owner.
Dollar Falters Ahead of Fed Rate Cut, Eyes on Potential 50 Basis …
网页2024年9月17日 · The U.S. dollar has been under increasing pressure as markets anticipate a significant shift in monetary policy from the Federal Reserve. As the Fed's decision on a potential rate cut looms, the dollar traded near its lowest levels of the year on Tuesday, with investors betting heavily on an aggressive easing cycle that could begin with a substantial 50 basis point reduction.
Congress Averts Government Shutdown with Temporary Funding …
网页2024年9月23日 · Congress reached a deal on Sunday to extend government funding through December 20. In a move to stave off a politically disastrous government shutdown just weeks before the 2024 presidential election, Congress reached a deal on Sunday to extend government funding through December 20.
Government Shutdown Looms as Congress Faces Partisan …
网页2024年9月10日 · The Republican-led House, under the influence of Trump and the party's right-wing members, has proposed a CR that would extend funding through March 28, 2025. This measure is tied to the SAVE Act, a GOP-led bill that seeks to overhaul voting laws nationwide by requiring proof of citizenship to vote-a …