Today: September 23, 2024
Today: September 23, 2024

Finance

Business|Economy|Finance

Fed's Bowman still cautious about changing policy stance

Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for

Fed's Bowman still cautious about changing policy stance
Europe|Finance|News

France's caretaker government freezes 2025 spending at current levels

France's caretaker government has set 2025 state spending at current levels, saving about 10 billion euros ($11.08 billion) after taking inflation into account and keeping the

France's caretaker government freezes 2025 spending at current levels
Business|Finance|News|Stock Markets

Shares of Trump's media firm sink to record low

Shares of Trump Media & Technology Group, which is majority-owned by former U.S.

Shares of Trump's media firm sink to record low
Business|Finance|News

Israel central bank chief calls on Netanyahu to get moving on 2025 budget

Israeli central bank chief Amir Yaron has called on Prime Minister Benjamin Netanyahu to speed up the process of debating and approving the 2025 state budget,

Israel central bank chief calls on Netanyahu to get moving on 2025 budget
Business|Finance|Technology

Analog chipmaker TI expects free cash flow to jump in 2026

Texas Instruments said on Tuesday its free cash flow (FCF) would jump in 2026 as demand rebounds and the analog chipmaker tightens capital spending after pressure from

Analog chipmaker TI expects free cash flow to jump in 2026
Business|Finance|News

Wall Street regulator approves tougher rules for accounting 'negligence'

Wall Street's top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to hold people responsible for audit firms' violations.

Wall Street regulator approves tougher rules for accounting 'negligence'
Business|Economy|Finance

Diverging stock and bond views on Fed turn into chasm: McGeever

Bond investors are by default pessimists and equity investors are naturally optimistic.

Diverging stock and bond views on Fed turn into chasm: McGeever
Finance|News|Technology

Germany seizes almost 250,000 euros in cash in crypto ATM sting

German authorities have seized almost 250,000 euros ($

Germany seizes almost 250,000 euros in cash in crypto ATM sting
Business|Finance

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont

Wells Fargo on Tuesday agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move that will make the firm the largest servicer of commercial real

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
Business|Finance|Stock Markets

S&P 500 to end 2024 near current level, suggests AI rally fizzling out

The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is losing steam as investors

S&P 500 to end 2024 near current level, suggests AI rally fizzling out
Business|Economy|Finance

New surveys show signs of optimism among small business owners

Small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation and high labor costs, according to two new surveys

New surveys show signs of optimism among small business owners
Business|Finance

Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines

Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers

Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines
Business|Economy|Finance

Canada inflation cools to 40-month low of 2.5% in July

Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of

Canada inflation cools to 40-month low of 2.5% in July
Economy|Finance|News

Canada inflation cools to 40-month low of 2.5% in July

Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data

Canada inflation cools to 40-month low of 2.5% in July
Economy|Europe|Finance

Poland's top court rules central bank head cannot be questioned in parliament

Lawmakers should not be allowed to question Poland's central bank chief, a top court ruled on Tuesday, setting up a fresh clash between the government and judges it says are

Poland's top court rules central bank head cannot be questioned in parliament
Business|Finance

Stellantis delays investment plans for Illinois

Stellantis said on Tuesday its planned investments at Belvidere, Illinois, will be delayed but insisted it is committed to moving forward and

Stellantis delays investment plans for Illinois
Business|Finance|News|World

Moscow Stock Exchange considers legal action against US and UK sanctions

The Moscow Stock Exchange is discussing ways to challenge sanctions imposed by the United States and Britain that led to a halt in exchange trading of dollars and euros and a freeze

Moscow Stock Exchange considers legal action against US and UK sanctions
Business|Finance|Health

J&J to buy medical device maker V-Wave for up to $1.7 billion

Johnson & Johnson said on Tuesday it would buy privately held V-Wave for up to $1.7 billion, the healthcare conglomerate's second deal this year aimed at boosting its presence in the market

J&J to buy medical device maker V-Wave for up to $1.7 billion
Business|Economy|Finance

A gold bar is now worth $1 million

A gold bar is now worth $1 million

A gold bar is now worth $1 million
Business|Finance

Citic, CICC among 10 brokerages included in China's Greater Bay Area wealth scheme, sources say

China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms,

Citic, CICC among 10 brokerages included in China's Greater Bay Area wealth scheme, sources say
Business|Finance|Health

Medtronic nudges profit forecast on medical devices demand, new launches

Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its medical devices and growth from its

Medtronic nudges profit forecast on medical devices demand, new launches
Business|Finance

XPeng projects lower-than-expected Q3 revenue on stiff competition

Chinese firm XPeng forecast third-quarter revenue below expectations and missed June-quarter sales estimates on Tuesday, hurt by stiff competition and a drop in demand for its aging line-up

XPeng projects lower-than-expected Q3 revenue on stiff competition
Business|Finance|Technology

Custody giant State Street expands crypto services in new partnership

State Street is partnering with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing

Custody giant State Street expands crypto services in new partnership
Economy|Finance

Egypt's foreign debt drops $7.4 billion in first quarter

Egypt's foreign debt fell by $7.4 billion in the first three months of 2024, according to central bank data released on Tuesday. 

Egypt's foreign debt drops $7.4 billion in first quarter
Business|Finance

India flags cricket rights concerns with Disney-Reliance $8.5 billion merger

India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their

India flags cricket rights concerns with Disney-Reliance $8.5 billion merger

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