The dollar dipped against a basket of major currencies on Thursday, reversing earlier gains, after the Federal Reserve cut interest rates for the third time this year but signaled its rate-cut cycle might be at a pause, as was broadly expected. In lowering its policy ...
BEIJING (Reuters) - Factory activity in China shrank for the sixth straight month in October and by more than expected, pointing to further pressure on its manufacturers as they grapple with the weakest economic growth in nearly 30 years. FILE PHOTO: A ...
(Reuters) - Ride-hailing company Lyft Inc (LYFT.O) on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its way to profitability by the end of 2021. FILE PHOTO: The Lyft Driver Hub is seen in Los ...
Gold prices edged higher on Thursday after the U.S. Federal Reserve cut interest rates as expected, even as the central bank dropped a previous reference in its statement that signaled future rate cuts. Spot gold rose 0.3% to $1,499.06 per ounce as of 0137 ...
SEOUL (Reuters) - Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from memory price declines amid a prolonged industry downturn. Samsung said there were ...
Photo by Pixabay. Dressing up for Halloween is great. But the best part of the holiday is unquestionably the candy. When else do kids have an excuse to eat as much candy as humanly possible in one night, and when else can adults buy candy for kids that ...
(Reuters) - Cognizant Technology Solutions Corp (CTSH.O), one of Facebook Inc's (FB.O) content review contractors, said on Wednesday it would shut some content moderation business, including those focusing on identifying objectionable content, resulting ...
Liquidation sales at the remaining Dressbarn stores will start Friday, the struggling retailer announced Wednesday. While the 544 stores will close no later than Dec. 26, the women's clothing website is expected to relaunch in 2020 with a new owner, the ...
The humbling of the world's biggest technology investor has come quickly. SoftBank's Vision Fund went from zero to $100 billion in two years, shaking up the venture capital industry with huge bets on household names like Uber UBER, -2.41%, WeWork and ...
Apple Inc.'s unhappy year is over. The next one is starting off on the right foot, but expectations may already be ahead of reality. Apple's market value touched a record earlier this week of more than $1.1 trillion. Share gains have outpaced the S&P 500 since ...
C.H. Robinson Worldwide executives knew the second half of the year would be tough, but it started out worse than they thought. Shares in the Eden Prairie-based logistics and shipping company plunged 15% Wednesday as investors soaked in ...
The business is rolling heading into 2020, but Wall Street appears to be worried over something out of the company's control. Maxx Chatsko. (TMFBlacknGold). Oct 30, 2019 at 11:47AM. Author Bio. Maxx has been a contributor to Fool.com since 2013.
The American video game company's performance over the most recent quarter was fueled by titles such as 'Empires & Puzzles' and 'Merge Dragons!' Zynga posted the highest revenue in the game company's history last quarter, up to $345 million, a 48 ...
China is planning to abandon the megadeal of state-owned groups ChemChina and Sinochem that once aimed to create one of the world's largest chemicals conglomerates. The merger process, which has been years in the making, has been beset by ...
An agreement has been reached to build a new train station along New Jersey Transit's Northeast Corridor Line. New Jersey Gov. Phil Murphy announced a memorandum of understanding Wednesday between the state and the Middlesex County ...
Jeffrey Manzanares started vaping nicotine two years ago because he thought it would be a safe way to quit smoking. Instead, it almost killed him. The 33-year-old construction worker spent 17 days in a Utah hospital last month when he came down with a ...
Fed chair Jerome Powell almost rocked the boat during the FOMC's October press conference on Wednesday after announcing a third straight cut to U.S. interest rates. What happened: Powell initially said it would take a "material reassessment" in the outlook ...
It's been a rocky couple of weeks for Facebook CEO Mark Zuckerberg and now Wall Street analysts expect him to deliver. There's no shortage of storylines for the social media giant when it reports its third quarter earnings after the bell on Wednesday.
MELBOURNE, Australia--Australia & New Zealand Banking Group Ltd. (ANZ.AU) has opted to hold its half-yearly dividend steady but will scale back shareholder franking credits on the payout after a tough year for its main Australian operations. Profit across ...
OTTAWA—Bank of Canada officials considered what is known as an insurance cut to shelter the economy from rising global headwinds before deciding to leave the key rate on hold this week, Governor Stephen Poloz said. The decision to keep Canada's ...
They say Rome wasn't built in a day, but airline passengers in Calgary will be able to get to the famous Italian city in much less time than that thanks to a new route being offered by WestJet. On Wednesday, the airline announced a new direct flight from ...
It was a triple rollover tonight on the UK midweek National Lottery draw with an £8.6million jackpot. Share. By. Joseph WilkesReporter. Updated 21:40, 30 OCT 2019. News. Click for Sound. Video Player is loading. Play Video. Play. Mute. Current Time 0:00.
Internet group Prosus said on Wednesday it had helped raise $51m (R764.48m) in funding for two Indian start-ups. Prosus, which was recently listed by Naspers on the Euronext exchange in Amsterdam, is now one of the top 10 largest technology investors in ...
The Fed lowered its benchmark interest rate to a range of 1.5%-1.75% on Wednesday, as expected. But Fed chief Jerome Powell made clear that only a "material reasssessment" of the economic outlook would provoke a further Fed rate cut. Bottom line: the ...
The US Federal Reserve's key challenge for the next six months, alongside trade tensions, is managing its liabilities. Since the 2008 financial crisis, the size of the Fed's asset holdings has grown around fivefold, reaching almost $4.5tn in 2014 from less than ...
Receive this alert as RSS feed 
No comments:
Post a Comment