What’s going on here? The US Federal Reserve's 50-basis-point rate cut sent ripples through global financial markets, affecting currencies, bonds, and stocks worldwide. The Federal Reserve's decision ...
In today's Daily Brief, we'll look at the latest AI fund, which could have $100 billion in firepower. "BlackRock, Microsoft, and MGX have formed the “Global AI Infrastructure Investment Partnership” ...
What’s going on here? Analog Devices and Tata Group have inked a deal to explore manufacturing semiconductor products in India, with Tata investing $14 billion to kickstart the country's chip journey.
Benchmark 10-year Treasury yields recovered to 3.686% after hitting a 16-month low of 3.599%, while 30-year yields increased to 3.99% and two-year yields climbed to 3.646%, marking a six-day high.
Just as economists had predicted, British consumer prices picked up by 2.2% in August from the same time last year, matching July’s pace. Down on the ground, a few prices were headed in the right ...
Founded in the 1940s by chemist Earl Tupper, Tupperware revolutionized kitchen storage with its plastic containers and airtight 'Tupper Seal.' Its rise was fueled by Brownie Wise's 'party plan' ...
What’s going on here? PJT Partners, a major US investment bank, plans to acquire Dubai-based advisory firm deNovo Partners, with the deal set to close next month. PJT Partners is strengthening its ...
What’s going on here? US stocks are poised to open higher as investors anticipate the Federal Reserve's first interest rate cut in over four years, likely a 50-basis point reduction. The Federal ...
What’s going on here? ING Bank is turning up the heat on its oil and gas clients, threatening to sever ties with those not committed to net-zero plans by 2026. In its latest move to align with climate ...
What’s going on here? The SEC is set to allow share pricing in half-penny increments starting November 2025, aiming to make trading cheaper and more competitive. Currently, stocks can only be priced ...
What’s going on here? The Federal Reserve (Fed) cut interest rates by half a percentage point for the first time in over four years, aiming to provide quick relief to US borrowers. After over four ...
What’s going on here? JPMorgan Chase has set up a new role to keep an eye on its junior bankers and analysts, appointing a long-time company veteran as the global investment banking associate and ...