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Category: Economy

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Latest News (18318 articles)

Economy Bloomberg
156d ago
Fed Getting Closer to Neutral Rate, Says Goldman's Kaplan

Former Dallas Fed President and Goldman Sachs Vice Chair Robert Kaplan says the Federal Reserve is getting closer to its …

Goldman Sachs' Robert Kaplan believes the Federal Reserve is nearing its neutral interest rate of … High (80%)
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Bloomberg
Economy Bloomberg
156d ago
UPS Stuns Wall Street With Strong Profit and 34K Job Cuts

United Parcel Service Inc. shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs …

UPS shares surged after the company reported a strong profit, exceeding Wall Street's expectations, despite … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Swiss Insurer Youplus Halts New Business, Seeks Fresh Capital

Youplus Group is seeking new backers after one of its key measures of financial strength plunged below a self-imposed target.

Swiss insurer Youplus has halted new business and is seeking fresh capital due to a … High (80%)
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Bloomberg
Economy Bloomberg
156d ago
Layoffs Mount Across Corporate America

Turning to Corporate America... Job cuts are starting to pile up this year, with UPS the latest name to join …

Corporate America is experiencing a surge in layoffs, with major companies like UPS, Amazon, GM, … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Elon Musk Is Right Leader for Tesla, Says Chair

Tesla Chair Robyn Denholm says CEO Elon Musk is the right leader for now and over the next decade. Shareholders …

Tesla Chair Robyn Denholm expressed support for Elon Musk as the company's leader, stating he … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Private University in Boston Sees Credit Rating Slashed to Junk by Moody’s

A private university in Boston has taken an unusual strategy in an attempt to right its stressed finances: cutting the …

Moody's downgraded the credit rating of a private university in Boston to junk status, indicating … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
SoFi CEO Says Moving Beyond Lending Helped Drive Record Quarter

SoFi Technologies Inc. is seeing its expansion in customer services beyond lending showing up in earnings, helping drive record results …

SoFi Technologies Inc. reported a record quarter, driven by its expansion into customer services beyond … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Tesla’s Denholm on Musk’s Pay Package, Future at Company

Robyn Denholm, chair of Tesla’s board of directors, discusses the board’s views on Elon Musk’s potential $1 trillion pay package …

Tesla's chair of the board, Robyn Denholm, discussed Elon Musk's potential $1 trillion pay package … High (80%)
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Bloomberg
Economy Bloomberg
156d ago
Medline Is Said to File Publicly for US IPO as Soon as Tuesday

Medline is set to file publicly for an initial public offering as soon as Tuesday, according to people familiar with …

Medline is reportedly filing for a US IPO as soon as Tuesday, potentially making it … High (80%)
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Bloomberg
Economy Bloomberg
156d ago
Jamaica Catastrophe Bondholders Now Face Full Trigger Event

Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million …

Jamaica's catastrophe bondholders are now facing a full trigger event, which would result in the … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Musk Pay Deal About Performance and Goals, Chair Denholm Says

Robyn Denholm, chair of Tesla’s board of directors, discusses the board’s perspective on Elon Musk’s potential $1 trillion pay package, …

Tesla's chair, Robyn Denholm, clarifies that Elon Musk's $1 trillion pay package is focused on … High (90%)
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Bloomberg
Economy Bloomberg
156d ago
Goldman's Kostin Sticks to 6,800 Year-End S&P 500 Target

Goldman Sachs Chief US Equity Strategist David Kostin says he's sticking to his 6,800 year-end price target for the S&P …

Goldman Sachs' US Equity Strategist David Kostin reaffirms his year-end S&P 500 target of 6,800, … High (90%)
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Bloomberg

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