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

Finance

Finance|News

Conservative billionaire Timothy Mellon gives another $50 million to pro-Trump super PAC

Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, gave another $50 million last month to a super PAC supporting Republican Donald

Conservative billionaire Timothy Mellon gives another $50 million to pro-Trump super PAC
Business|Economy|Finance|Technology

FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor

FTC's bid to ban noncompete agreements rejected by federal judge in Texas
Business|Finance|Stock Markets

Walmart unwinds JD.com investment, to focus on own China ops

Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning

Walmart unwinds JD.com investment, to focus on own China ops
Business|Economy|Finance

UK employer pay awards soften in three months to July, Brightmine survey shows

Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth.

UK employer pay awards soften in three months to July, Brightmine survey shows
Business|Economy|Finance

Schoolteacher and thousands of others unable to access funds following fintech collapse

Schoolteacher and thousands of others unable to access funds following fintech collapse

Schoolteacher and thousands of others unable to access funds following fintech collapse
Americas|Business|Economy|Finance

Brazil Senate OKs bill regulating payroll tax waivers

The Brazilian Senate approved a bill on Tuesday containing measures to offset the effects of a payroll tax exemption, in a key step to solve a months-long struggle between Congress

Brazil Senate OKs bill regulating payroll tax waivers
Asia|Business|Economy|Finance

Two rate calls on deck as markets consolidate

A look at the day ahead in Asian markets.

Two rate calls on deck as markets consolidate
Business|Finance

Coty misses revenue estimates on cautious retail orders, Lacoste license sale

CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from

Coty misses revenue estimates on cautious retail orders, Lacoste license sale
Business|Economy|Finance

Fed's Bowman still cautious about changing policy stance

Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for

Fed's Bowman still cautious about changing policy stance
Europe|Finance|News

France's caretaker government freezes 2025 spending at current levels

France's caretaker government has set 2025 state spending at current levels, saving about 10 billion euros ($11.08 billion) after taking inflation into account and keeping the

France's caretaker government freezes 2025 spending at current levels
Business|Finance|News|Stock Markets

Shares of Trump's media firm sink to record low

Shares of Trump Media & Technology Group, which is majority-owned by former U.S.

Shares of Trump's media firm sink to record low
Business|Finance|News

Israel central bank chief calls on Netanyahu to get moving on 2025 budget

Israeli central bank chief Amir Yaron has called on Prime Minister Benjamin Netanyahu to speed up the process of debating and approving the 2025 state budget,

Israel central bank chief calls on Netanyahu to get moving on 2025 budget
Business|Finance|Technology

Analog chipmaker TI expects free cash flow to jump in 2026

Texas Instruments said on Tuesday its free cash flow (FCF) would jump in 2026 as demand rebounds and the analog chipmaker tightens capital spending after pressure from

Analog chipmaker TI expects free cash flow to jump in 2026
Business|Finance|News

Wall Street regulator approves tougher rules for accounting 'negligence'

Wall Street's top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to hold people responsible for audit firms' violations.

Wall Street regulator approves tougher rules for accounting 'negligence'
Business|Economy|Finance

Diverging stock and bond views on Fed turn into chasm: McGeever

Bond investors are by default pessimists and equity investors are naturally optimistic.

Diverging stock and bond views on Fed turn into chasm: McGeever
Finance|News|Technology

Germany seizes almost 250,000 euros in cash in crypto ATM sting

German authorities have seized almost 250,000 euros ($

Germany seizes almost 250,000 euros in cash in crypto ATM sting
Business|Finance

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont

Wells Fargo on Tuesday agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move that will make the firm the largest servicer of commercial real

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
Business|Finance|Stock Markets

S&P 500 to end 2024 near current level, suggests AI rally fizzling out

The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is losing steam as investors

S&P 500 to end 2024 near current level, suggests AI rally fizzling out
Business|Economy|Finance

New surveys show signs of optimism among small business owners

Small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation and high labor costs, according to two new surveys

New surveys show signs of optimism among small business owners
Business|Finance

Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines

Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers

Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines
Business|Economy|Finance

Canada inflation cools to 40-month low of 2.5% in July

Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of

Canada inflation cools to 40-month low of 2.5% in July
Economy|Finance|News

Canada inflation cools to 40-month low of 2.5% in July

Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data

Canada inflation cools to 40-month low of 2.5% in July
Economy|Europe|Finance

Poland's top court rules central bank head cannot be questioned in parliament

Lawmakers should not be allowed to question Poland's central bank chief, a top court ruled on Tuesday, setting up a fresh clash between the government and judges it says are

Poland's top court rules central bank head cannot be questioned in parliament
Business|Finance

Stellantis delays investment plans for Illinois

Stellantis said on Tuesday its planned investments at Belvidere, Illinois, will be delayed but insisted it is committed to moving forward and

Stellantis delays investment plans for Illinois
Business|Finance|News|World

Moscow Stock Exchange considers legal action against US and UK sanctions

The Moscow Stock Exchange is discussing ways to challenge sanctions imposed by the United States and Britain that led to a halt in exchange trading of dollars and euros and a freeze

Moscow Stock Exchange considers legal action against US and UK sanctions

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