Friday, June 19, 2026
Hurricanes to slow US economy but rebound should follow
Hurricanes Harvey and Irma will likely pack tough unpleasant effects for the U.S. economy as businesses have been disrupted, fuel...
Read moreDetailsPPC’s largest shareholder supports Fairfax-AfriSam offer
PPC Ltd.’s biggest shareholder is supporting a joint offer for South Africa’s biggest cement maker from domestic rival AfriSam Group...
Read moreDetailsSpanish data watchdog fines Facebook €1.2mn for breaking data protection law
Facebook has been fined 1.2 million euros ($1.4 million) for allegedly collecting personal information from users in Spain that could...
Read moreDetailsHurricanes Harvey, Irma damages could cost US economy $290 bn, AccuWeather says
Combined damages from Hurricanes Harvey and Irma could cost the U.S. economy as much as $290 billion, according to a...
Read moreDetailsDon’t wait for inflation to rise before hiking rates, Fed’s Mester warns
The Federal Reserve shouldn't wait until it reaches its economic goals before starting to tighten monetary policy, Cleveland Fed President...
Read moreDetailsHedge fund manager Hart finally gives up on China bet after he lost millions
Mark Hart, an investor spent seven years and $240 million waiting on a crash in China’s currency. According to Bloomberg,...
Read moreDetailsDrugmaker Eli Lilly cuts 3,500 jobs to save $500 million from 2018
Eli Lilly & Co. plans to cut 8.5 percent of its workforce and close some facilities as the drugmaker deals...
Read moreDetailsU.S. jobless claims jump the most in nearly 5 years amid surge in applications
The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week...
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