How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.
Schlagwort-Archiv: Markets
CVS slashes profit guidance, will cut $2 billion in expenses as insurance costs climb
CVS said higher medical costs are weighing on its insurance business, and announced Aetna President Brian Kane will step down.
Sony rules out renewing offer for Paramount, says it wouldn’t fit strategy
Hiroki Totoki, Sony’s chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.
SoftBank swings back to gains at Vision Fund tech arm, announces up to $3.4 billion share buyback
SoftBank announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4 billion).
Beyonce, PlayStation games help Sony post a 10% jump in profits
Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.
Novo Nordisk shares dip as Wegovy maker posts earnings miss, cuts operating profit outlook
Novo Nordisk on Wednesday announced its second quarter earnings for 2024.
Robinhood says there will be no 24-hour trading on Monday due to issue at third-party venue
The brokerage firm said that Blue Ocean ATS, the third-party company that it works with for round-the-clock trading, has suspended its overnight market.
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.
Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Financial compensation for flight delay and cancelation varies by airline.
JPMorgan Chase is opening more small-town branches in middle America
CEO Jamie Dimon is embarking on his 14th annual bus tour on Monday, with his first stop in Iowa, where the bank plans to open 25 more branches by 2030.