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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.
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 ...
US stock markets sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the ...
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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 ...
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until ...
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 ...
S&P 500 E-Mini futures are up +0.19%, and June Nasdaq 100 E-Mini futures are up +0.28% this morning as investors looked ahead to earnings reports from some of the world’s m ...
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 ...
Wall Street expects $0.50 in adjusted EPS on a QoQ decline in revenue.
Sectors to watch on Monday include banks (Citi downgraded major Australian banks), copper miners (copper prices hit US$4.5/lb ...