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Category: Economy

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Economy Bloomberg
91d ago
Boston Scientific’s Worst Day in 25 Years Surprised Analysts

Few analysts foresaw the disappointing results and profit forecast that sent Boston Scientific Corp.’s shares plummeting nearly 20% this week. …

Boston Scientific Corp. experienced its worst day in 25 years due to disappointing results and … High (90%)
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Economy Bloomberg
91d ago
FAT Brands Lenders Want CEO Suspended Over Twin Peaks Stock Sale

Lenders to bankrupt restaurant operator FAT Brands Inc. want the chief executive officer suspended without pay over a recent stock …

Lenders to FAT Brands Inc. are seeking the suspension of the CEO due to a … High (80%)
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Economy Bloomberg
91d ago
Dow Jones Industrial Average Rises Past 50,000 For First Time

The Dow Jones Industrial Average broke above the 50,000 level for the first time, as investors bid up the blue-chip …

The Dow Jones Industrial Average surpassed 50,000 for the first time, driven by investor optimism … High (90%)
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Economy Bloomberg
91d ago
Lots More With Charlie McElligott on This Week's SaaSpocalypse

A terrible few days for software, crypto, and more.

The article mentions a downturn in the software and crypto sectors, indicating a negative market … High (90%)
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Economy Bloomberg
91d ago
Lots More With Charlie McElligott on the SaaSpocalypse (Podcast)

This week has been a pretty wild one in markets. Some of the most popular trades of recent years — …

The recent market selloff has affected popular trades such as software, crypto, and gold, with … High (85%)
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Economy Bloomberg
91d ago
Ex-Goldman Sachs Star Banker Leissner Goes to Prison in 1MDB Fraud

Former Goldman Sachs Group Inc. banker Tim Leissner reported to federal prison to begin serving a two-year sentence for one …

Tim Leissner, a former Goldman Sachs banker, has started serving a 2-year prison sentence for … High (90%)
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Economy Bloomberg
91d ago
Chicago Transit Deal Attracts Investor Cash Flooding Muni Market

The second-largest transit system in the US is benefiting from municipal bond investors looking to put billions of dollars to …

The Chicago Transit system is attracting investor interest, with municipal bond investors looking to invest … High (90%)
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Economy Bloomberg
91d ago
Bessent Rebuts Split Between His and Trump’s Dollar Comments

Treasury Secretary Scott Bessent rebutted the idea that he and Donald Trump have presented different takes on the dollar, after …

Treasury Secretary Scott Bessent clarified that his views on a 'strong dollar policy' align with … High (80%)
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Economy Bloomberg
91d ago
Nvidia Shares Surge on Big Tech’s $650 Billion AI-Spending Plan

Nvidia Corp. shares soared Friday as investors snapped up shares of companies positioned to benefit from the vast sum of …

Nvidia shares surged due to the announcement of a $650 billion AI-spending plan by big … High (90%)
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Economy Bloomberg
91d ago
Jennifer Garner’s Once Upon a Farm Rises 17% After $198 Million IPO

Once Upon a Farm PBC, the organic kids snacks maker co-founded by actress Jennifer Garner, jumped 17% in its trading …

Once Upon a Farm, an organic kids snacks maker co-founded by Jennifer Garner, saw a … High (90%)
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Economy Bloomberg
91d ago
Goldman, JPMorgan Bankers See Bonus Pools Rise at Least 10%

JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and …

Goldman Sachs, JPMorgan, and Bank of America have increased their bonus pools for bankers and … High (90%)
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Economy Bloomberg
91d ago
Fed’s Jefferson Says Productivity Growth May Help Curb Inflation

Federal Reserve Vice Chair Philip Jefferson says he is “cautiously optimistic” about the outlook for the US economy during remarks …

Federal Reserve Vice Chair Philip Jefferson expressed cautious optimism about the US economy, citing potential … High (75%)
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