ISTANBUL: US-based financial services firm S and P Global said corporate defaults jumped 80% in 2023 to reach 153, compared to the year before when it was 85.

The US accounted for 63% of defaults, while consumer-facing sectors accounted for 42%, it s…

ISTANBUL: Major US stock exchanges opened with losses on Wednesday.

The Dow Jones Industrial Average decreased 204 points, or 0.48%, to 42,720 as of 9.59 a.m. EDT (1359GMT).

The SP 500 fell 18 points, or 0.32% to 5,833. The Nasdaq Composite lost 102…

ISTANBUL: US import prices remained unchanged in December on a monthly basis, while export prices dropped 0.9%, according to data released Wednesday by the Labor Department’s Bureau of Labor Statistics.

The estimate for import prices was to show a 0….