Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
US stocks searched for direction on Tuesday as the Dow looked to snap a
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
Equities struggled before tomorrow's big Consumer Price Index report.
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Stocks slid and bond yields soared on Wednesday after inflation data came
IIT alumni and veteran investors Ruchira Shukla and Karthik Chandrasekar have launched Synapses, a venture capital firm aiming to invest in climate tech and health tech startups.While Shukla earlier led South Asia investments for World Bank Group’s International Finance Corporation (IFC), Chandrasekar had founded early-stage climate fund Sangam, backed by Shell Foundation and USAID.With a fund size of $125 million (about Rs 1,040 crore), Synapses aims to support science, technology, engineering...
Women's participation in technology roles in non-tech businesses is expected to grow by nearly a quarter by 2027 across all levels, including freshers, junior, mid-senior, leadership, and C-Suite levels, a report said on Wednesday. The tech women's participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is expected to grow by 24.3% to 24.1 lakh employees by 2027, TeamLease Digital's report - Women at the Heart of India's Digital Evolution, has revealed. With only...
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low. Japan’s benchmark Nikkei 225 gained 0.8% []