business news

Trump shooting: Secret Service changes story on local SWAT team position

A U.S. Secret Service official on Wednesday said that a local Pennsylvania police SWAT team was actually in another building…

DNC says Biden nomination won’t be fast-tracked, buys time for skeptics

The Democratic National Committee said that any virtual roll call to officially nominate President Joe Biden as the party’s presidential…

Ex-Trump aide Peter Navarro to speak at RNC hours after leaving jail

Peter Navarro, the former Trump trade advisor who was convicted of defying a subpoena from the House committee investigating the…

Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut

Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are…

UK’s Labour vows planning reform and clean energy transition as King’s Speech reveals key policies

LONDON — The U.K.’s new Labour government on Wednesday outlined a raft of proposed legislation, including the nationalization of rail…

Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking

Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…

UK inflation holds steady at Bank of England’s 2% target, above expectations

U.K. inflation held steady at the Bank of England’s 2% target in June, Official National Statistics data showed Wednesday. The…

HSBC appoints Georges Elhedery as group CEO starting Sept. 2

HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2. Elhedery, who is the…