US dollar gains for 2nd day after GDP backs smaller Fed cut
The U.S. dollar rose for a second straight session on Thursday after data showed the world's largest economy grew a little faster than expected in the
August 29, 2024The U.S. dollar rose for a second straight session on Thursday after data showed the world's largest economy grew a little faster than expected in the
August 29, 2024Japan's biggest steelmaker Nippon Steel said on Thursday it plans to make an additional investment of about $1.3 billion in U.S.
August 29, 2024Oil prices settled up by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to lower output in Iraq raised fears of tighter global
August 28, 2024U.S. electric vehicle (EV) sales are expected to reach just 9% of the market this year, consulting firm J.D. Power said in a report on Wednesday, lowering its previous forecast of 12%.
August 28, 2024Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday.
August 28, 2024Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be "time to move"
August 28, 2024Australia's Qantas Airways announced an additional share buyback on Thursday but no dividend for the fifth year, as the airline reported a 16% annual
August 28, 2024Discount home goods retailer Big Lots is considering a potential bankruptcy filing and may seek court protection within weeks, Bloomberg reported on Wednesday, citing people familiar with
August 28, 2024Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the
August 28, 2024A look at the day ahead in Asian markets. Hold on to your hats, or prepare for lift off?
August 28, 2024Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a
August 28, 2024Air New Zealand reported a 61% drop in annual profit on Thursday and warned of potential impacts from sticky inflation, intense competition and engine-related maintenance issues in the
August 28, 2024Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of
August 28, 2024HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and
August 28, 2024Chipotle Mexican Grill on Wednesday appointed Adam Rymer as its chief financial officer from Oct. 1. Rymer is a 15-year Chipotle veteran, who previously served as vice president of finance.
August 28, 2024The Treasury Department has issued new regulations aimed at making it harder for criminals to launder money by paying cash for residential real estate
August 28, 2024Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending
August 28, 2024OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall
August 28, 2024The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank's quarterly report on Wednesday, citing weaker foreign
August 28, 2024Italy plans to confirm a commitment to bring its deficit-to-GDP ratio below the European Union's 3% ceiling in 2026 in the Treasury's medium-term structural budget
August 28, 2024Brazil's President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution's next governor,
August 28, 2024The Bank of Israel kept interest rates unchanged on Wednesday for the fifth-straight meeting, citing geopolitical uncertainty that has raised economic risks,
August 28, 2024The Bank of Israel is unlikely to lower short-term interest rates at its remaining two 2024 policy meetings given rising price pressures and persisting geopolitical risk, deputy
August 28, 2024Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week
August 28, 2024Nvidia beat earnings expectations again. Investors aren’t impressed
August 28, 2024