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Category: Economy

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Latest News (18321 articles)

Economy Bloomberg
156d ago
UPS Soars on Profit Beat, Cost Cutting, 34,000 Job Cuts

United Parcel Service Inc. smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year to its …

UPS reported a profit beat, exceeding Wall Street's expectations, driven by cost-cutting measures and a … High (90%)
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Economy Bloomberg
156d ago
Apple Becomes Third Stock in History to Top $4 Trillion in Value

Apple Inc. shares rose as much 0.4% to hit $4 trillion in market value, making the iPhone maker only the …

Apple's market value has surpassed $4 trillion, making it the third public company to achieve … High (95%)
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Economy Bloomberg
156d ago
China’s Soybean Pivot Limits Payoff From Any New US Trade Deal

When the US and China settled their earlier trade war in 2020, American soybean producers saw their exports surge to …

China's pivot to domestic soybean production limits potential gains for US soybean producers in a … High (80%)
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Economy Bloomberg
156d ago
S&P 500 Rises as Traders Await Earnings Show-And-Tell, Rate Cut

US stocks extended their advance Tuesday as Wall Street awaited a roll out of financial results from some of the …

The S&P 500 continues its upward trend as investors await earnings reports from key companies … High (90%)
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Economy Bloomberg
156d ago
Qatar's Finance Minister on Upcoming Islamic Bond Issuance

Qatar's Finance Minister Ali Al-Kuwari speaks to Bloomberg Television in Riyadh, on the sidelines of Saudi Arabia’s Future Investment Initiative. …

Qatar plans to issue Islamic bonds in the next two to three weeks, following the … High (80%)
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Economy Bloomberg
156d ago
Russian Crude Flow Edges Lower, But Don’t Blame Sanctions Yet

High winds at key Baltic port likely hampered loading operations last week

Russian crude oil flow has decreased, but the cause is attributed to high winds at … High (80%)
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Economy Bloomberg
156d ago
JPMorgan's Erdoes on AI and Banking, Credit Markets, US Economy

JPMorgan Asset and Wealth Management CEO Mary Erdoes discusses the state of the credit market, the outlook for the US …

JPMorgan's CEO Mary Erdoes shares her insights on the credit market, US economy, and the … High (70%)
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Economy Bloomberg
156d ago
ERG Is Mulling Offers for Brazil’s Bamin Iron Ore Project

Eurasian Resources Group is in talks with three different investors interested in its Brazilian iron ore project Bahia Mineração.

Eurasian Resources Group (ERG) is considering offers from three potential investors for its Brazilian iron … High (70%)
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Economy Bloomberg
156d ago
US Home Prices Post Weakest Gain in More Than Two Years

Home prices gained the least in over two years, slowing for the seventh straight month in August as buyers gained …

US home prices experienced their weakest gain in over two years, marking the seventh consecutive … High (80%)
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Economy Bloomberg
156d ago
UK Securities Regulator Plans to Make Short Sellers Anonymous

The UK’s Financial Conduct Authority has proposed ending the public disclosure of short seller identities, as part of its attempts …

The UK's Financial Conduct Authority plans to make short sellers anonymous to encourage market activity, … High (70%)
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Economy Bloomberg
156d ago
Gold’s Pullback Fails to Shake Bullishness With $5,000 Forecast

Gold’s slump over the past week, following a blistering rally, hasn’t dented the optimism over its longer-term prospects, as central …

Gold's recent pullback has not shaken investor optimism, with many still forecasting a price of … High (90%)
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Economy Bloomberg
156d ago
As Argentina Surges Back, Peso Shows Limit to Milei Euphoria

The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting record gains and …

Argentina's stock market and bond prices surged following President Javier Milei's electoral win, with a … High (90%)
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