FedEx cut its outlook after posting lower quarterly profit and revenue. Its stock fell 13%; shares of rival UPS also fell. Ford and General Motors fell after Mercedes-Benz trimmed its forecasts and ...
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
Mortgage rates have fallen significantly but could drop even further in 2025. Find out what it could mean for you.
Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
Since then law enforcement agencies have approved 17,162 concealed carry permits on Long Island. Data shows less than 3% of ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...
The stock market is already riding the tide of expected interest rate cuts. On August 20, CNBC reported that the stock market ...
An economist has warned Australia has been left “exposed to inflation that’s really destructive” on the eve of RBA’s next ...
Amazon's overreliance on AWS and potential regression in e-commerce segments pose downside risks. Read why I downgrade AMZN ...
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