U.S. stock index futures were muted on Monday, as investors awaited comments from a bunch of policymakers and data to […]
US Stock Futures Hold Still Ahead of Fed Insights and Economic Data Read More »
ZURICH – FINMA, the Swiss financial market regulator, ordered an audit into Credit Suisse’s handling of events leading to its […]
Swiss Regulator Investigating Credit Suisse’s Final Months: Report Read More »
NEW YORK – U.S. stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the […]
US Stocks Close Flat; Dow Ekes Out Record in Strong Week Read More »
On Friday, a U.S. appeals court revived a lawsuit by healthcare and drug industry groups challenging the first-ever U.S. law […]
US Appeals Court Revives Lawsuit Challenging Drug Price Negotiation Program Read More »
BENGALURU – The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and […]
Fed to Cut Rates by 25bps in November and December, Poll Shows Read More »
On Thursday, Nike (NYSE: NKE), the Sportswear giant, named former senior executive Elliott Hill to succeed John Donahoe as its […]
Nike (NYSE: NKE) Tumultuous Years Under Outgoing CEO Donahoe Read More »
More interest rate cuts are set to come in Switzerland and Sweden after a supersized Federal Reserve rate move, with […]
The S&P 500 surged to a record-high close on Thursday, the day after the Federal Reserve cut interest rates by […]
Euphoria Grips Wall Street: S&P 500 Closes at Record High Post-Fed Rate Cut Read More »
LONDON – The U.S. Federal Reserve has joined a global easing cycle with a larger-than-anticipated half-point interest rate reduction. Seven […]
Fed Finally Joins Global Rate-Cutting Cycle with Bold Half-Point Reduction Read More »
U.S. bank stocks rose on Thursday after the Federal Reserve’s 50 basis point cut in interest rates raised hopes of […]
US Bank Stocks Rise as Jumbo Rate Cut Eases Credit Risk and Cost Concerns Read More »
A look at the day ahead in U.S. and global markets. After a typical skittish first-day reaction, world markets are […]
Morning Bid: Stocks Lap Up Fed’s Fast ‘Recalibration’; BoE Up Next Read More »
NEW YORK – U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve […]
US Stocks Close Slightly Lower Amid Choppy Trading Following Fed Rate Cut Read More »
Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at […]
Elon Musk Backs Trump, But Tesla, SpaceX, and X Employees Donate to Harris Instead Read More »
NEW YORK – Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced […]
US Rate Futures Suggest More Easing This Year After Fed’s 50-Bps Cut Read More »
On Wednesday, GSK (NYSE: GSK), the British drugmaker, said it had agreed to settle two lawsuits in California that claimed […]
GSK (NYSE: GSK) Settles Two California Lawsuits Over Heartburn Drug Zantac Read More »
DETROIT – The United Auto Workers union plans to hold strike authorization votes at one or more of its Stellantis […]
UAW to Hold Strike Votes at Stellantis Local Chapters, Union President Says Read More »
WASHINGTON/TOKYO – The U.S. national security panel reviewing Nippon Steel’s $14.9 billion bid for United States Steel (NYSE: X) let […]
WASHINGTON – U.S. business inventories increased slightly more than expected in July, suggesting that inventory investment could contribute to economic […]
US Business Inventories Edge Above Expectations in July Read More »
On Tuesday, U.S. Senator Bernie Sanders said he received confirmation from major generic pharmaceutical companies that they could sell copycat […]
US Senator Sanders Says Generic Drugmakers Could Offer Ozempic for Under $100/Month Read More »
LONDON – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve […]
Over-Priced Fed Rate Cuts Make T-Bills Less Appealing, Federated Hermes Says Read More »
Boeing (NYSE: BA) could lose over $100 million in daily revenue until it reaches a settlement with its union that […]
Union Strike Could Cost Boeing Over $100 Million Per Day, Analysts Forecast Read More »
U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal […]
US Stock Futures Tick Up Ahead of Key Economic Data and Fed Rate-Cut Decision Read More »
MILAN/LONDON – Global investor sentiment improved in September for the first time since June on optimism over a soft landing […]
US Fed Rate-Cut Speculation Lifts Global Investor Sentiment in September: BofA Survey Read More »
On Monday, Microsoft (NASDAQ: MSFT) said its board has approved a new share buyback program of up to $60 billion. […]
Microsoft (NASDAQ: MSFT) Greenlights New $60 Billion Share Buyback Program Read More »
