Wall Street’s three major stock indexes have registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year, while chip stocks rallied after Micron Technology’s upbeat forecast. The indexes had also hit fresh intra-day record highs earlier on Thursday and the […]
Federal Reserve Bank of Chicago President Austan Goolsbee said he is among policymakers anticipating three interest-rate cuts this year.
The FTSE 100 closed in on a record high on Friday amid growing hopes interest rate cuts are on the horizon as official data suggested Britain is out of recession.]]>
Colorado’s unemployment rate ranked 27th lowest between Indiana and North Carolina. North Dakota has the lowest rate at 2%, while California pushed Nevada aside to claim the highest at 5.3%.
Citigroup Inc. is cutting jobs in its investment banking division in London, becoming the latest Wall Street giant to trim headcount as the slump in global dealmaking enters its third year.
Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
The Club's two chipmakers and its lone automaker were among the top-performing portfolio stocks this week.
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to 40,336.31. Australia's S&P/ASX 200 fell 0.1% to 7,801.20. South Korea's Kospi added []
Federal Reserve Chair Jerome Powell will likely play his cards close to his vest this week, and not signal an imminent cut in interest rates.
The creativity software specialist's CEO touts the use of generative AI in delivering "groundbreaking innovation across our product portfolio."
While many sports properties have been on a ratings upswing recently, that hasn’t really been true for men’s college basketball. Last year’s NCAA Tournament got off to a good ratings start, but then featured major drops in the Sweet 16, Elite Eight, and Final Four before a record-low in the title game. And this year’s
The IPO values the social media company at $5.4 billion, well short of the $10 billion valuation it had in a private funding in 2021.