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Janet Yellen to warn China against ‘unfair’ economic practices
Treasury Secretary Janet Yellen is preparing to warn China that the US will continue to resist its "unfair" economic policies but will add that Washington is not trying to "suffocate" the Chinese economy through national security…
TSMC seeks $15B in US aid despite ‘unacceptable’ conditions
Taiwan Semiconductor Manufacturing Company, the world's leading maker of advanced chips, isn't too happy about some of the limitations associated with US government funding, even as it demands billions of dollars from officials to finish…
Treasury cash data fails to reveal a broke government
Economy
Treasury data fail to reveal a bankrupt government
Thursday, April 20, 2023
Cabinet Secretary, National Treasury and Economic Planning Nguguna Ndongo at the Kenyatta International Conference Centre. file image | Denis…
IR35 threatens UK’s £3.5bn plan to become tech ‘superpower’
After Mick Lynch criticized IR35 legislation for contributing to the strike that threatens the energy transition, the government has also been warned that mismanagement of IR35 is putting other major projects at risk - a plan announced…
BOJ open to tweaking YCC this year if wage momentum holds – sources
breadcrumb links PMN Business Article author: Posted April 20, 2023 • 3 minutes to read Article content TOKYO - The Bank of Japan is warming to the idea of adjusting its controversial bond yield control…
Akamai to acquire Israeli API co Neosec
U.S. cloud company Akamai Technologies (Nasdaq: AKAM) announced today that it has entered into a definitive agreement to acquire the Israeli application programming interface (API) detection and response platform company.…
Musk says Tesla will put sales growth ahead of profit By Reuters
© Reuters. FILE PHOTO: FILE PHOTO: Visitors check out a Tesla Model 3 next to a Model Y on display at the US electric vehicle (EV) maker's showroom in Beijing, China, February 4, 2023. REUTERS/Florence Lu
By Akash Sriram and Hyunjoo…
Dow Jones Futures: Tesla Falls As Gross Margins, Free Cash Flow Dive
Dow futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) fell strongly late Wednesday as earnings fell hard on deep price cuts, with gross margins lower and free cash flow much more than…
Morgan Stanley chief warns investment banking may not recover until next year
Morgan Stanley chief James Gorman has warned that investment banking revenues may not recover until next year after the Wall Street group's net profit fell by nearly a fifth in the first quarter.A prolonged slowdown in investment…
Succession: Kendall Roy’s condo listed for $29 million
HBO hit series Succession It may be coming to an end, but you can still vicariously enjoy the Roy family lifestyle after the finale airs next month - provided you have a cool $30 million to spare.
The three-story Upper East Side…