On Tuesday, Britain’s Dominos Pizza Group lowered its full-year profit outlook as it decided to pass on expected lower food […]
UK Dominos Pizza Expects Annual Earnings at Lower End of Market Estimates Read More »
NEW YORK – On Monday, U.S. stocks ended with steep losses, leaving the Nasdaq and S&P 500 down at least […]
Wall Street Sinks: Nasdaq, S&P 500 Tumble 3% Each on US Recession Fears Read More »
WASHINGTON – The National Transportation Safety Board said several Boeing (NYSE: BA) and Spirit AeroSystems (NYSE: SPR) executives will testify […]
LONDON – A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades […]
Global Market Slump Linked More to End of Cheap Funding Than US Economy: Analysts Read More »
NEW YORK – On Monday, U.S. Treasury yields rebounded from one-year lows on greater optimism over the U.S. economy, and […]
Yields Rebound, Curve Reinverts After Brief Positive Shift Read More »
BERLIN – Losses at Germany’s BioNTech (NASDAQ: BNTX) quadrupled year-on-year in the second quarter, the company said on Monday, as […]
BioNTech (NASDAQ: BNTX) Q2 Losses Quadruple Amid Strategic Shift to Cancer Drugs Read More »
TOKYO – On Monday, Japanese stocks collapsed in their biggest single-day rout since the 1987 Black Monday sell-offs, driven by […]
Japan’s Nikkei Index Suffers Largest Single-Day Drop Since 1987 Black Monday Read More »
On Monday, Bitcoin and ether plunged to multi-month lows as worries over a possible U.S. recession in the wake of […]
Crypto-Linked Stocks Tank as Bitcoin and Ether Slide to Multi-Month Lows Read More »
WASHINGTON – The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance for failing to protect […]
U.S. DOJ Files Lawsuit Against TikTok for Breaching Child Privacy Laws Read More »
U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, which could heighten fears […]
Soft July US Payrolls Report Raises Bets on 50 bp September Ease Read More »
WASHINGTON – Brad Smith, a veteran U.S. Treasury Department employee, will be acting under secretary for terrorism and financial intelligence, […]
US Treasury Appoints Brad Smith as Acting Senior Sanctions Official Read More »
A look at the day ahead in U.S. and global markets. August looks anxious already – as stock markets take […]
Morning Bid: Rethinking Recession Risks and AI, Markets Take Fright Read More »
On Thursday, specialty chemicals company Celanese (NYSE: CE) lowered its 2024 earnings forecast, hurt by weak demand in several key […]
Celanese (NYSE: CE) Trims 2024 Profit Outlook Amidst Weak Demand, Production Snags Read More »
SAN FRANCISCO – The parents of a motorcyclist who was killed in a 2022 crash involving a Tesla (NASDAQ: TSLA) […]
On Thursday, Camden Property Trust (NYSE: CPT) beat Wall Street estimates for second-quarter funds from operations (FFO), helped by strong […]
Camden Property Trust (NYSE: CPT) Surpasses Q2 FFO Estimates Amid Robust Rental Demand Read More »
On Thursday, Apple (NASDAQ: AAPL) said its third-quarter iPhone sales were better than expected. The company forecasts more gains as […]
Apple (NASDAQ: AAPL) Beats Q3 iPhone Sales Forecasts; AI to Propel Future Gains Read More »
LONDON – British Prime Minister Keir Starmer warned social media companies that they must uphold laws that prohibit the incitement […]
UK Riots Prompt PM Starmer to Warn Social Media Firms Over Southport Misinformation Read More »
WASHINGTON – The number of Americans filing new applications for unemployment benefits increased to an 11-month high last week, suggesting […]
US Weekly Jobless Claims Spike to 11-Month High; Productivity Accelerates Read More »
On Thursday, Meta Platforms (NASDAQ: META) stock soared nearly 9% after its rosy revenue growth signaled that strong digital ad […]
Meta Platforms (NASDAQ: META) Stock Surges as Strong Ad Revenue Offsets AI Costs Read More »
LONDON – Britain’s decision to increase a windfall tax on oil and gas producers to help pay for its push […]
North Sea Oil and Gas Producers Decries UK Windfall Tax Hike, Calls It a ‘Wrecking Ball’ Read More »
On Thursday, Aptiv (NYSE: APTV) beat Wall Street expectations for second-quarter profit, aided by strong demand for parts and advanced […]
Aptiv (NYSE: APTV) Stock Jumps on Q2 Earnings Beat Read More »
WASHINGTON – U.S. private payrolls increased far less than expected in July, but that likely is not a true reflection […]
US Private Payrolls Miss Forecasts in July: ADP Report Read More »
On Wednesday, financial services and insurance provider CBIZ (NYSE: CBZ) said it would buy Marcum, one of the biggest accounting […]
CBIZ (NYSE: CBZ) to Acquire US Biggest Accounting Firm Marcum in $2.3 Billion Deal Read More »
WASHINGTON – U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace […]
Slowing Wage Growth Moderates US Labor Costs in Q2 Read More »
