Today: September 18, 2024
Today: September 18, 2024

Stock Markets

Americas|Asia|Business|Finance|Stock Markets

Wall Street surges, dollar firms ahead of data, expected rate cut

U.S. stocks closed sharply higher on Monday and the dollar strengthened as markets awaited key data and actions from central banks.

Wall Street surges, dollar firms ahead of data, expected rate cut
Business|Finance|Stock Markets

Dell, Palantir and Erie Indemnity to join S&P 500

The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and property and casualty insurer Erie Indemnity will join the benchmark

Dell, Palantir and Erie Indemnity to join S&P 500
Business|Finance|Stock Markets

Well-timed GameStop options trade scores $550K profit after Roaring Kitty post

A well-timed trade in GameStop's options reaped a handsome profit on Friday after an account associated with "Roaring Kitty," a stock influencer and longtime

Well-timed GameStop options trade scores $550K profit after Roaring Kitty post
Business|Finance|Stock Markets

Starboard files proposal at News Corp, seeks to break Murdoch's grip

Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control News Corp, the

Starboard files proposal at News Corp, seeks to break Murdoch's grip
Business|Finance|Stock Markets

SEC fines Esmark, chairman over false tender offer for US Steel

The U.S.

SEC fines Esmark, chairman over false tender offer for US Steel
Business|Finance|Stock Markets

Massachusetts regulators fine Morgan Stanley over First Republic insider sales

Massachusetts securities regulators have fined Morgan Stanley $2 million for failing to properly monitor trades by a First Republic Bank insider before the bank failed, according to a

Massachusetts regulators fine Morgan Stanley over First Republic insider sales
Economy|Finance|Stock Markets

Fed policymakers say they are ready to start cutting interest rates

By Ann Saphir, Lindsay Dunsmuir and Michael S.

Fed policymakers say they are ready to start cutting interest rates
Business|Finance|Stock Markets|Technology

Broadcom shares slump as revenue target fails to impress investors counting on AI boost

Broadcom's shares closed down 10% on Friday after the chipmaker's tepid revenue forecast spooked investors betting on robust demand for AI chips to drive

Broadcom shares slump as revenue target fails to impress  investors counting on AI boost
Business|Finance|Stock Markets

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion

Warren Buffett's Berkshire Hathaway has trimmed its stake in Bank of America once again, making the total sales since mid-July nearly $7 billion.

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion
Finance|Stock Markets

Payrolls, Williams and Waller - a big decider

A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine

Payrolls, Williams and Waller - a big decider
Business|Economy|Finance|Stock Markets

FTSE 100 clocks weekly decline; personal goods shares biggest drag

UK's main stock index ended lower on Friday, dragged down by personal goods and automobile shares, while investors assessed U.S. jobs report data to determine the extent of

FTSE 100 clocks weekly decline; personal goods shares biggest drag
Business|Finance|News|Stock Markets

Markets torn by US services-factories divide: Mike Dolan

The stark divide between the performance of the U.S. manufacturing sector and the more dominant services sector is giving stock markets a headache at a critical moment.

Markets torn by US services-factories divide: Mike Dolan
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months
Business|Finance|Stock Markets

BofA accused by whistleblower of sharing nonpublic information, WSJ reports

A whistleblower complaint has alleged that Bank of America shared nonpublic information with some investors before it sold roughly $200 million worth of stock for some clients in India, the

BofA accused by whistleblower of sharing nonpublic information, WSJ reports
Americas|Economy|Finance|Stock Markets

Mexico bank regulator approves details of stock market reform

The board of Mexican bank regulator CNBV on Thursday approved the terms of a stock market reform passed last year, Deputy Finance Minister Gabriel Yorio, who spearheaded the

Mexico bank regulator approves details of stock market reform
Business|Finance|Stock Markets

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports

Derivatives exchange operator CBOE is partnering with a London-based tech firm, Globacap, to create a U.S. trading platform for shares of closely held companies, Bloomberg News reported on

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports
Business|Economy|Finance|Stock Markets

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report
Business|Stock Markets

Bonds now doing heavy lifting in 60/40 portfolio: McGeever

The past month in markets has been littered with momentous events: a record burst in U.S. stock market volatility, near-confirmation from the Federal

Bonds now doing heavy lifting in 60/40 portfolio: McGeever
Business|Entertainment|Finance|Lifestyle|News|Stock Markets

Cable news channel Newsmax confidentially files for US IPO

Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. Expected rate cuts by the U.S.

Cable news channel Newsmax confidentially files for US IPO
Business|Finance|Stock Markets

China's Midea Group to launch at least $3 billion share offering in Hong Kong, sources say

Chinese home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, said

China's Midea Group to launch at least $3 billion share offering in Hong Kong, sources say
Business|Economy|Finance|Stock Markets

S&P 500, Dow end lower ahead of key jobs data, Nasdaq up

The benchmark S&P 500 index and the Dow ended lower in choppy trading on Thursday after a short-lived boost from a string of economic reports faded and investors

S&P 500, Dow end lower ahead of key jobs data, Nasdaq up
Finance|News|Stock Markets

Stocks calmed as action switches to rates, jobs

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take

Stocks calmed as action switches to rates, jobs
Business|Economy|Finance|Stock Markets|World

Falling rates offer scant shelter from property storm

Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief

Falling rates offer scant shelter from property storm
Business|Europe|Finance|Stock Markets

Markets hit tentative pause on selloff

A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week but sentiment remained fragile, as

Markets hit tentative pause on selloff
Business|Finance|Stock Markets

Governments must not intervene in deals arbitrarily, Japan PM hopeful says of U.S. Steel takeover

Governments should not intervene in deals in an arbitrary manner as a matter of principle, Taro Kono, a Japanese minister and prime ministerial

Governments must not intervene in deals arbitrarily, Japan PM hopeful says of U.S. Steel takeover

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