PCE report reveals cooling inflation in August—are more rate cuts on the horizon?
Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate...
Tesla revs up for action-packed October with Q3 deliveries, Robotaxi event ahead
Investing.com – Tesla Inc (NASDAQ:TSLA) is set to kick start an action-packed October with third-quarter deliveries next week and Robotaxi...
Russia stocks higher at close of trade; MOEX Russia up 1.00%
Investing.com – Russia stocks were higher after the close on Friday, as gains in the Oil & Gas, Power and...
Fed should cut interest rates ‘gradually,’ Musalem says
(Reuters) – St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest...
US Medicare says Part D and Advantage premiums will fall in 2025
By Ahmed Aboulenein WASHINGTON (Reuters) – Average premiums and benefits for Medicare’s prescription drug program and private Medicare plans are...
US GDP grows 3% in Q2 2024: private inventory investment drives upward adjustment
In the second quarter of 2024, the US economy expanded at a 3% annualized rate, demonstrating its resiliency. This figure...
Steel rebar futures jump to CNY 3,170: Chinas’ stimulus measures boost market optimism
In September, the futures for steel rebar experienced a notable increase, reaching CNY 3,170 per tonne. This spike represented the...
Dell asks global sales team to work five days a week in office, memo says
By Jaspreet Singh (Reuters) – Dell Technologies (NYSE:DELL) said on Thursday that their global sales team employees who are able...
DraftKings to pay $200,000 over disclosure violations: US SEC
(Reuters) – Sports betting company DraftKings (NASDAQ:DKNG) has agreed to pay a $200,000 penalty for selectively disclosing material non-public information...
Fitch says Brazil’s fiscal challenges persist and will intensify next year
BRASILIA (Reuters) – Ratings agency Fitch said on Thursday that Brazil’s better-than-expected economy has not translated into stronger public finances,...
