AP Top Extended Financial Headlines at 12:14 a.m. EDT - Insurance News | InsuranceNewsNet

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May 26, 2023 Newswires
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AP Top Extended Financial Headlines at 12:14 a.m. EDT

Associated Press

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit

Shares of Nvidia, already one of the world’s most valuable companies, have soared after the chipmaker forecast a huge jump in revenue

Asian markets are mixed as a deadline looms for Congress to reach a deal on the U.S. government debt or face a potentially damaging default

The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said in a slight upgrade from its initial estimate

Elon Musk wants to turn Twitter into a “digital town square,” but his much-publicized Twitter Spaces kickoff event, with Florida Gov. Ron DeSantis announcing his run for president, struggled with technical glitches and a near half-hour delay Wednesday

All of Ford‘s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring

When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately

As inflation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending, while the lower-income shopper continues to cut back their purchases, according to the latest batch of earnings reports

The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — and losses are accelerating as a longtime rival echoes the firm’s allegations

U.S. applications for jobless claims rose slightly last week but remain at healthy levels as companies seem reticent to let go of employees in a tight labor market

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Universal Social Security Can Reduce Poverty, Inequality

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