SINGAPORE, Jan 30 (Reuters) – Oil prices fell on Monday, abandoning earlier gains as global producers this week are likely to keep output unchanged at a meeting this week and investors are cautious ahead of a Reserve meeting federal government which could stimulate market volatility. . Brent crude futures fell 20 cents, or 0.2%, to …
Oil drops ahead of OPEC+ and US Federal Reserve meetings Read More »
https://tmsnrt.rs/2zpUAr4 The Fed increased by 25 basis points this week, the ECB and the BOE by 50 basis points Tech giants top earnings results China splits shares as holiday travel surges SYDNEY, Jan 30 (Reuters) – Asian stocks turned wary on Monday ahead of a week that is certain to see interest rates rise in …
Asian stocks turn wary as rates rise and earnings languish Read More »
GDP is expected to increase by 2.6% in the fourth quarter Strong consumer spending observed; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The U.S. economy likely maintained a healthy pace of growth in the fourth quarter as consumers increased their spending on goods, but momentum appears …
Strong US economic growth expected in the fourth quarter, darkening outlook Read More »
Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit …
Musk bullish on Tesla sales as price cuts boost demand Read More »
SEC investigates NYSE bell opening issue 3M slips on pessimistic forecast for the first quarter J&J comes across a sell warning; GE down on weak earnings Microsoft to release quarterly results after market close Indices: Dow up 0.18%, S&P 500 down 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Street was mixed …
Wall Street falters after mixed earnings and trade glitch Read More »
Baker Hughes stumbles upon missing fourth-quarter earnings estimates Activist investor Elliott Management takes stake in Salesforce Tokens increase following Barclay upgrade Indices up: Dow 0.76%, S&P 1.19%, Nasdaq 2.01% NEW YORK, Jan 23 (Reuters) – Wall Street closed sharply higher on Monday, fueled by soaring tech stocks as investors kicked off a profit-rich week with …
Wall Street extends rally, propelled by tech rebound Read More »
Jan 23 (Reuters) – Spotify Technology SA said on Monday it planned to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to massive layoffs across the technology sector in preparation for a possible recession. The tech industry is facing falling demand after two years of …
Spotify to cut 6% of its workforce in latest tech layoffs Read More »
TOKYO, Jan 23 (Reuters) – Government officials who attended the Bank of Japan’s policy meeting in December were granted a half-hour adjournment to contact their ministries, minutes show, pointing out the importance of the central bank’s decision to change its bond market peg. In Dec. At the 19-20 meeting, the BOJ maintained its ultra-loose monetary …
Bank of Japan policy change prompted rare request for government pause Read More »
Existing home sales fall 1.5% in December Sales fall 17.8% in 2022, the biggest annual drop since 2008 Median home price rises 2.3% from a year ago WASHINGTON, Jan 20 (Reuters) – U.S. existing home sales fell to their lowest level in 12 years in December, but falling mortgage rates prompted cautious optimism that the …
US home sales fall to 12-year low; glimmers or heaps of emergence Read More »
BENGALURU, Jan 20 (Reuters) – The U.S. Federal Reserve will end its tightening cycle after hiking 25 basis points at each of its next two policy meetings, then likely keep interest rates stable for at least the next rest of the year, according to most economists in a Reuters poll. Fed officials generally agree that …