Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…
These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
EAST RUTHERFORD, N.J. — For 16-year-old Zyshawn Gibson, snowboarding down the indoor ski park at Big Snow American Dream in…
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
BEIJING — Ratings agency Fitch no longer expects China to cut its policy rate this year, and has pushed back…
Israel warns Lebanon of prospect of ‘all-out war’ as U.S. seeks to de-escalate hostilities
Israel’s army approved an offensive against Lebanon after a spike in cross-border fire, as talk of “all-out war” stoked concerns…
Russia and North Korea sign partnership deal that includes mutual defense pact, Putin says
Russia and North Korea on Wednesday signed a new “comprehensive strategic partnership” as Western officials grow increasingly concerned about the…
UK inflation falls to Bank of England’s 2% target ahead of elections
U.K. inflation fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said Wednesday,…
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche…
Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges
A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…
Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value
The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app…
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
