Breaking News: Markets
- News
Inflation expectations plunge in closely watched University of Michigan survey
Consumer fears over inflation tumbled in December amid declining energy prices and as the impact of interest rate hikes take…
Read More » - U.S. News
U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Job creation showed little signs of a let-up in November, as payrolls grew even faster than expected and the unemployment…
Read More » - Europe
Microsoft’s investment in OpenAI faces initial review from UK competition regulator
Jaap Arriens | Nurphoto | Getty Images The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment…
Read More » - Finance
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
An employee puts gold bullions into a safe deposit box at Degussa shop in Singapore Edgar Su | Reuters Gold…
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‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…
Read More » - Finance
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…
Read More » - Stock Market
GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash
A GameStop store in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images Struggling retailer…
Read More » - Finance
Robinhood launches crypto trading service in the EU
Robinhood logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow,…
Read More » - News
China’s big property market problem will take at least 4 to 6 years to resolve
Residential buildings under construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Monday, Nov. 27, 2023. China…
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Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane…
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