TikTok parent ByteDance offers share buyback valuing the Chinese giant at $268 billion
TikTok parent ByteDance plans to spend up to $5 billion buying back…
U.S. crude drops below $70 per barrel, gas prices fall to 11-month low
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting…
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are…
Israel exchange says no abnormal trading ahead of Oct. 7 attack, calls short seller report ‘flawed’
The head of trading at the Tel Aviv Stock Exchange criticized “flawed…
U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says
The U.S. economy should be able to avoid a recession next year…
Debt-laden China’s local governments scramble to rescue small banks with $21 billion in special bonds
Local governments in China have sold record amounts of so-called special bonds…
US economy grows 5.2% in third quarter; higher interest rates eroding momentum
The U.S. economy grew faster than initially thought in the third quarter…
Singapore, Zurich world’s most expensive cities – EIU
Singapore and Zurich tied for the world's most expensive city this year,…
Dollar drifts near three-month low, focus on inflation data
The dollar was rooted near a three-month low on Thursday and was…
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to…