U.S. National Debt Hits $33 Trillion for the First Time
WASHINGTON — The national debt of the U.S. reached a historic milestone by passing $33 trillion for the first time, less than two weeks before the…
Economy
Racial and Socioeconomic Gaps in Preterm Infant Mortality Persist in the United States
The US continues to face stark inequalities in preterm birth and mortality rates between mothers of differing socioeconomic status and race, finds a new…
Kenes Rakishev Surprises Markets
Kenes Rakishev, star investor, international entrepreneur, philanthropist and former special envoy of the Kazakhstan government, meets star chef, Gordon Ramsay and star manufacturer, Borealis…
Oil Prices Reach Yearly Highs Amid Solid Fundamentals
Oil prices rose to the highest levels since the start of the year, with the Brent benchmark trading at USD 89/bbl at the close…
Softbank’s Arm Launches IPO Courting T Rowe in $52 Billion Valuation Ask
Sept 5 (Reuters) – SoftBank Group’s (9984.T) Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to…
Esmark Makes Offer for US Steel at $35 Per Share After Company Rejects Buyout Offer From Cleveland-cliffs
New YorkCNN — Another rival steel producer has jumped into the bidding war to takeover US Steel. Esmark announced an all-cash public offer for US Steel…
United States to Participate in Fifth Indo-Pacific Economic Framework for Prosperity (IPEF) Negotiating Round in Bangkok
The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Bangkok,…
Joining Partners, U.S. Treasury Sanctions Former Central Bank Governor of Lebanon and Co-conspirators in International Corruption Scheme
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating the former governor of Lebanon’s central bank, Riad…
Levi Strauss Strengthens East Coast E-commerce Fulfillment With Kentucky Facility
The 575,700-square-foot facility aims to lower lead times and optimize inventory positioning. Dive Brief: Dive Insight: Levi’s struggled to fulfill orders throughout the pandemic…
Risk of Tropical Weather Over Next 7 Days Along the East Coast
CHICOPEE, Mass. (WWLP) – As of August 1st, it is now entering the middle half of the Atlantic Hurricane Season. Tropical Hurricane Tracker As…