Kroger Incurs Loss Due to $1.4B Opioid Settlement Charge
Kroger, one of the largest supermarket chains in the United States, disclosed a net loss for the quarter on Friday, attributing the downturn to a
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Labor Standoff Hits Chevron LNG in Australia
Chevron grapples with a labor standoff at its pivotal liquefied natural gas (LNG) sites in Australia, as talks between the company and union workers falter.
Brent Crude Oil Surpasses $90 Mark, OPEC+ Extends Supply Cuts
In a significant development, Brent crude oil surged past the $90 per barrel mark on Friday, propelled by the resolute stance of OPEC+ leaders, Saudi
Interest Rate Clues by Federal Reserve Propel Market
The stock market opened with a surge on Friday, propelled by positive indicators from the Federal Reserve, which hinted at a possible delay in interest
Nasdaq Stock Dips 1% on China’s Apple Ban Blow
In a turbulent trading session on Thursday, the Nasdaq stock exchange experienced a significant downturn, primarily driven by the decline of tech behemoth Apple. The
Payment Systems Choked by Big Tech, CFPB Director Warns
Rohit Chopra, the Director of the Consumer Financial Protection Bureau (CFPB), didn’t mince words during a fintech conference hosted by the Philadelphia Federal Reserve on
Federal Reserve Study: China’s Impact on Global Markets
In a recent string of assurances, experts have downplayed the potential impact of China’s stumbling economic recovery on the United States. However, a little-known 2019
ChatGPT: Monthly Website Visits Drop 3.2% in August
OpenAI’s ChatGPT, the highly popular artificial intelligence chatbot that took the internet by storm upon its launch in November, has witnessed a continuous decline in
IMF, G20 Craft Roadmap to Shield Stability from Cryptoassets
Global financial regulators, in conjunction with the International Monetary Fund (IMF), unveiled a comprehensive roadmap on Thursday, delineating strategic measures aimed at safeguarding macroeconomic and
Artificial Intelligence Frenzy Ebbs: Investors Eye Tech Stocks
The once-sizzling artificial intelligence (AI) stock market surge that propelled tech stocks earlier this year seems to have crested. Investors are now turning their attention
