Today: September 21, 2024
Today: September 21, 2024

Finance

Business|Finance

Former Citigroup executive suing bank was fired for performance, company says

Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to

Former Citigroup executive suing bank was fired for performance, company says
Economy|Finance|News

Fed's dovish shift a mixed blessing for BOJ rate hike plan

The U.S.

Fed's dovish shift a mixed blessing for BOJ rate hike plan
Business|Finance|Health

J&J in talks with holdouts to $6.5 billion talc settlement

Johnson & Johnson said on Friday it is negotiating with plaintiffs' lawyers who have opposed the company's proposed settlement of lawsuits

J&J in talks with holdouts to $6.5 billion talc settlement
Business|Finance|Food

Cava rallies to record high as solid demand for steaks and salads boosts forecasts

Mediterranean restaurant chain Cava Group's shares surged over 23% to a record high of $125.38 on Friday, after strong demand for its salad bowls and pita wraps boosted its annual sales

Cava rallies to record high as solid demand for steaks and salads boosts forecasts
Economy|Finance

Powell just suggested interest rate cuts are coming. What everyone wants to know now

Powell just suggested interest rate cuts are coming. What everyone wants to know now

Powell just suggested interest rate cuts are coming. What everyone wants to know now
Economy|Finance|News

See Powell's important announcement about inflation and the economy

Federal Reserve Chairman Jerome Powell signaled that lower interest rates may happen soon while speaking in Wyoming about the Fed's inflation fight. CNN's Julia Chatterley reports.

See Powell's important announcement about inflation and the economy
Business|Economy|Finance|News

Takeaways from Fed Chair Powell's speech at Jackson Hole

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech in Jackson Hole, Wyoming

Takeaways from Fed Chair Powell's speech at Jackson Hole
Business|Economy|Finance

How to prepare for the Fed's forthcoming interest rate cuts

The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages

How to prepare for the Fed's forthcoming interest rate cuts
Americas|Business|Economy|Finance|News|Stock Markets|World

Powell green lights September rate cut

Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness

Powell green lights September rate cut
Business|Economy|Finance|News

US job market may be near tipping point, research shows

As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the

US job market may be near tipping point, research shows
Business|Finance|Technology

Third Point sees room for Apple stock price to climb, letter says

Billionaire hedge fund manager Daniel Loeb sees room for Apple's stock price to climb, especially if the technology company successfully harnesses artificial

Third Point sees room for Apple stock price to climb, letter says
Economy|Finance

Sterling climbs to highest since March 2022 against dollar

Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent

Sterling climbs to highest since March 2022 against dollar
Business|Economy|Election|Finance|News

How the Biden-to-Harris switch turbocharged the presidential money race

How the Biden-to-Harris switch turbocharged the presidential money race

How the Biden-to-Harris switch turbocharged the presidential money race
Economy|Finance

Key quotes from Powell's speech at Fed's Jackson Hole conference

Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming: POLICY: "The time has come for

Key quotes from Powell's speech at Fed's Jackson Hole conference
Economy|Finance

‘The time has come’: The Fed just sent a crucial message about its next move

‘The time has come’: The Fed just sent a crucial message about its next move

‘The time has come’: The Fed just sent a crucial message about its next move
Business|Economy|Finance|Stock Markets

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming
Economy|Europe|Finance

ECB policymakers' views converging on Sept rate cut, sources say

A growing number of European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in

ECB policymakers' views converging on Sept rate cut, sources say
Business|Finance|Stock Markets

Societe Generale leaves London Metal Exchange's open-outcry trading floor

Societe Generale International will drop its membership of the London Metal Exchange's open-outcry trading floor, the exchange said on Friday, raising questions about

Societe Generale leaves London Metal Exchange's open-outcry trading floor
Business|Economy|Finance

Canada June retail sales down 0.3% as rates weigh; likely up in July

Canada's retail sales dropped in June, data showed on Friday, as consumers continued to feel the impact of high interest rates and cut back on discretionary

Canada June retail sales down 0.3% as rates weigh; likely up in July
Economy|Finance|Political|World

No, the world isn’t heading toward a new Cold War – it’s closer to the grinding world order collapse of the 1930s

Over the past 15 years, the world has seen a financial crisis, the rise of populist politics and a fracturing of the world economic order. Sounds all a bit pre-WWII, right?

No, the world isn’t heading toward a new Cold War – it’s closer to the grinding world order collapse of the 1930s
Business|Finance

Ozempic on Wall Street's list for 2027 Medicare drug negotiations

Now that the U.S. government has negotiated prices for some Medicare program drugs effective in 2026, Wall Street analysts are betting on a 2027 list that will

Ozempic on Wall Street's list for 2027 Medicare drug negotiations
Asia|Europe|Finance|Technology

China and UK must be able to talk frankly and cooperate, Starmer tells Xi

British Prime Minister Keir Starmer told Chinese President Xi Jinping on Friday the two countries must be able to talk frankly about their disagreements and also pursue

China and UK must be able to talk frankly and cooperate, Starmer tells Xi
Economy|Finance|Stock Markets

TSX hits record high as Fed chief signs off on rate cuts

Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the

TSX hits record high as Fed chief signs off on rate cuts
Business|Economy|Finance

Trump’s businesses are raking in millions of dollars from Republican political campaigns – including his own

Trump’s businesses are raking in millions of dollars from Republican political campaigns – including his own

Trump’s businesses are raking in millions of dollars from Republican political campaigns – including his own
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Hugo Boss shareholder Frasers files request to buy more shares

Hugo Boss' second-biggest shareholder, British sports and fashion retailer Frasers, has filed a request to acquire more shares in the German company, according to a filing with

Hugo Boss shareholder Frasers files request to buy more shares

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