In the US Fed meeting yesterday, Jerome Powell hinted a willingness to cut US Fed rates despite sticky inflation, which may ...
Hotter-than-expected inflation data Wednesday threw cold water on investors’ hopes that the Federal Reserve would begin cutting interest rates as early as June – sending the markets plunging.
Barclays has kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it ramps up ...
To follow the latest developments from the GDP report, click here. The major U.S. indexes fell on Thursday, as investors found risks to the inflation outlook in the latest economic data. The Dow Jones ...
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ZURICH (Reuters) - Novartis is to cut up to 680 jobs in its development organisation, which helps bring its drugs to market, the Swiss pharmaceuticals company said on Tuesday. Around 440 jobs will ...
Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump. A slew of economic catalysts, including jobs data, the ...
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until ...
3M Co ( MMM) is up more than +4% to lead gainers in the Dow Jones Industrials after forecasting dull-year EPS of $6.80-$7.30 and said it expects to pay a dividend of about 40% of its adjusted free ...
U.S. stocks on Friday closed out a chaotic week for markets on a mixed note. The benchmark S&P 500 (SP500) closed below the key 5,000 points level for the first time since early February, a ...
Sectors to watch on Monday include banks (Citi downgraded major Australian banks), copper miners (copper prices hit US$4.5/lb ...