Stocks traded near record highs as investors awaited Nvidia Corp.'s upcoming earnings report, a pivotal moment for gauging the sustainability of the artificial intelligence (AI) boom that has fueled this
Headline: Final Night of Democratic Convention Draws 26.2 Million Viewers, Surpassing GOP Event Content: The final evening of the Democratic National Convention, which featured Vice President Kamala Harris’s acceptance speech
PBOC Governor Pan Confirms Progress in Mitigating Financial Risks and Emphasizes Economic Confidence
China's central bank governor, Pan Gongsheng, has affirmed that financial risks in critical sectors are being systematically addressed, underscoring the significance of stabilizing market expectations and bolstering confidence to sustain
China's largest consumer companies are reporting weaker-than-expected revenues, dampening hopes for a swift recovery in the market. Instead of a rebound, the MSCI China consumer staples index is on track
Activist investor Starboard Value LP has called on Autodesk Inc.'s board to reassess whether Chief Executive Officer Andrew Anagnost is still the best leader for the company following recent accounting
In July, the U.S. housing market showed signs of stabilization, with sales of previously owned homes increasing for the first time in five months. This uptick suggests that the market
Boston Federal Reserve President Susan Collins indicated that it may soon be appropriate to start reducing interest rates to support a labor market that remains resilient. In a recent interview
For the first time in history, the world’s leading central banks are collectively engaging in quantitative tightening (QT), signaling a significant shift in global monetary policy. This synchronized effort to
Fitch Ratings has assigned Uber Technologies Inc. an investment-grade credit rating, recognizing the company's strong presence in the ride-sharing and food delivery markets, along with its strategic expansion into new
Millennium Management LLC is undergoing significant changes within its energy trading division, as several senior traders depart while the hedge fund bolsters its commodities business with new talent. Gary Pedersen,