Today: September 19, 2024
Today: September 19, 2024

Finance

Economy|Finance

Moody's revises Greece's outlook to 'positive', maintains ratings at 'Ba1'

Credit ratings agency Moody's revised its outlook on Greece to "positive" from "stable" on Friday, citing a healthier banking sector and a better-than-expected economic performance.

Moody's revises Greece's outlook to 'positive', maintains ratings at 'Ba1'
Business|Economy|Finance

Icahn Enterprises wins dismissal of investor lawsuit

Carl Icahn's investment company Icahn Enterprises won the dismissal of a lawsuit claiming it artificially inflated its share price by issuing unsustainably high dividends to help the

Icahn Enterprises wins dismissal of investor lawsuit
Business|Economy|Finance|News|Technology

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

A powerful U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S.

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say
Finance|News

Size, speed of rate moves in focus as Fed poised to start cuts

The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and

Size, speed of rate moves in focus as Fed poised to start cuts
Business|Finance

Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly

Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested

Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly
Business|Crime|Finance

Sam Bankman-Fried's jury only saw 'half the picture,' lawyer says in appeal

The jury that convicted Sam Bankman-Fried of stealing billions of dollars from customers of his FTX cryptocurrency exchange only saw "half the picture" because the judge did

Sam Bankman-Fried's jury only saw 'half the picture,' lawyer says in appeal
Business|Economy|Finance

Goldman Sachs still sees 25 basis point Fed cut next week

Goldman Sachs on Friday said it continues to call for a quarter percentage point easing at next week's Federal Open Market Committee meeting, which contrasted with news stories about

Goldman Sachs still sees 25 basis point Fed cut next week
Business|Crime|Economy|Finance

Sam Bankman-Fried files appeal nearly a year after FTX fraud conviction

Sam Bankman-Fried files appeal nearly a year after FTX fraud conviction

Sam Bankman-Fried files appeal nearly a year after FTX fraud conviction
Business|Economy|Finance

IMF chief backs regional director after Argentina tensions

The head of the International Monetary Fund gave her support to regional director Rodrigo Valdes on Friday, a day after the IMF had announced he would step aside from

IMF chief backs regional director after Argentina tensions
Business|Finance|Stock Markets|Technology

Nvidia's stock market dominance fuels big swings in the S&P 500

Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index, reinforcing concerns that broader markets could be hurt if the

Nvidia's stock market dominance fuels big swings in the S&P 500
Business|Finance|News

Biden administration appears to be in no rush to stop U.S. Steel takeover by Nippon Steel

President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in no hurry to block the deal

Biden administration appears to be in no rush to stop U.S. Steel takeover by Nippon Steel
Business|Economy|Finance|News|Stock Markets|World

White House officials signal delay in U.S. Steel takeover decision, Washington Post reports

White House officials have signaled a delay in taking a decision regarding the takeover of U.S. Steel by Japan's Nippon Steel, the Washington Post reported on Friday.

White House officials signal delay in U.S. Steel takeover decision, Washington Post reports
Business|Europe|Finance

Bain Capital taps advisers for sale of UK's esure, sources say

Private equity firm Bain Capital has lined up advisers for the possible sale of British motor and home insurer esure, three people familiar with

Bain Capital taps advisers for sale of UK's esure, sources say
Business|Finance

Ratings agencies warn of downgrade if Boeing strike drags on

Fitch and Moody's on Friday joined S&P Global Ratings in warning that a prolonged strike at Boeing's factories in U.S.

Ratings agencies warn of downgrade if Boeing strike drags on
Business|Finance|Technology

Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast

Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts expressing reservations about the company's forecast of crossing $100 billion

Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
Economy|Finance

China's August new lending rises less than expected, more policy steps expected

New bank lending in China jumped less than expected in August after hitting a 15-year low in July, as the central bank keeps policy accommodative and

China's August new lending rises less than expected, more policy steps expected
Business|Finance|News|Stock Markets

Dutch aim for migration clampdown as government sees "asylum crisis"

By Bart H.

Dutch aim for migration clampdown as government sees "asylum crisis"
Business|Economy|Europe|Finance

Russia's central bank warns Western banks not to discriminate against Russian clients

Russia's central bank has warned subsidiaries of Western banks that remain in Russia not to yield to pressure from Western regulators and discriminate against their

Russia's central bank warns Western banks not to discriminate against Russian clients
Business|Finance|Technology

Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains

Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked fears that returns from its push towards artificial intelligence

Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Economy|Finance|News

Few EU countries to submit debt reduction plans by Commission's deadline

Few European Union countries are likely to meet the Sept. 20 deadline to submit their debt reduction plans to the European Commission, in a possible blow to

Few EU countries to submit debt reduction plans by Commission's deadline
Economy|Finance

Fed seen nearly as likely to cut rates by 50 bps as 25 bps

The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures

Fed seen nearly as likely to cut rates by 50 bps as 25 bps
Business|Finance

U.S. manufacturing ETFs win assets as investors bet on 'reshoring'

Investors are piling into exchange traded funds focused on companies that are reviving or expanding production in the U.S. and taking advantage of government subsidies.

U.S. manufacturing ETFs win assets as investors bet on 'reshoring'
Business|Economy|Finance|News

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan

Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Economy|Europe|Finance

Polish central bank wants prosecutors to investigate parliament speaker, MP

The National Bank of Poland said on Friday it had informed prosecutors of the possibility that the speaker of parliament and the head of a parliamentary committee may have committed

Polish central bank wants prosecutors to investigate parliament speaker, MP
Business|Finance|Technology

Oracle settles suit over tracking your data. How to file a claim

In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline

Oracle settles suit over tracking your data. How to file a claim

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