28-06-2023
Bloomberg reports that more than 22,500 jobs are on the line, with UBS UBS CH:UBSG planning three rounds of cuts as it integrates Credit Suisse into its business.
28-06-2023
Australia's monthly inflation reading was much tamer than expected in May, potentially giving the Reserve Bank of Australia time to sit on the sidelines for a while before it raises interest rates further.
28-06-2023
Overstock.com shares rose Tuesday as a judge approved the company's $21.5 million bid to buy the assets of bankrupt retail chain Bed Bath & Beyond Inc.
27-06-2023
Nvidia and AMD shares slumped in the extended session Tuesday following a report that the Biden administration might ban more AI chip sales to China.
27-06-2023
Over 300 mail carriers have been robbed in the first half of FY23, and a recent series of thefts in Wisconsin led to more than 900 stolen checks.
27-06-2023
Manchester United shares closed up 7.4% at $24, their highest closing price since June 15.
27-06-2023
AeroVironment Inc. shares rallied in the extended session Thursday after the defense contractor's products in Ukraine drove record results.
27-06-2023
Very low rates create an easy-money environment for companies to do well, but those days are over, says veteran distressed debt investor Howard Marks, in a new podcast.
27-06-2023
A new UBS report says that pickleball-related medical costs are surging — up 156% this year alone.
27-06-2023
Valuation plays a small role in predicting the stock market’s shorter-term prospects.
27-06-2023
Homebuilder stocks are relatively “cheap” even after surging this year, and represent a pocket of the U.S. equities-market rally that extends beyond the Big Tech sector as a recession does not appear imminent, according to DataTrek Research.
27-06-2023
'Cities live and die by the critical mass, the question now becomes, how much further does San Francisco have before it loses its critical mass?' asks Moody's Analytics.