July 8, 2024

Danish brewer Carlsberg CARL.A 3.47% agreed to buy London-listed soft drinks maker Britvic BVIC 4.55% for 3.3 billion pounds, or about $4.23 billion, as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales. Carlsberg, which brews its namesake lager […]

July 5, 2024

Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia (NASDAQ:NVDA) will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of the tech-related leaders. The S&P […]

July 3, 2024

Gold prices rose on Wednesday as the latest speech from Federal Reserve Chair Jerome Powell fed hopes that the next interest-rate move will be a cut, even if the timing remains uncertain. Speaking on Tuesday Powell said efforts to reduce price pressures […]

July 2, 2024

Battery maker LG Energy Solution 373220 -1.01% and Australian lithium company Liontown Resources LTR 7.30% will jointly consider developing a refinery for producing battery-grade lithium, as companies plot new supply chains that bypass China even amid a collapse in prices for the critical mineral. The collaboration is part […]

July 1, 2024

Economic activity in the US manufacturing sector contracted in June for the third straight month, and the 19th time in the last 20 months, according to the latest ISM manufacturing report. According to Timothy Fiore, chair of the Institute for Supply […]

July 1, 2024

The latest data from Nationwide revealed house prices are up 0.2% in June on a monthly basis, when adjusted for seasonal effects. Meanwhile, prices are up 1.5% year-on-year. The average house in the UK now costs £266,064. Prices are now […]

June 28, 2024

Walgreens Boots Alliance Chief Executive Tim Wentworth is taking the struggling chain in a new direction, planning to close a substantial number of poorly performing stores and pulling back on the company’s plunge into the primary-care business. Shares of the […]

June 26, 2024

European stocks fell on Thursday as traders were cautious ahead of key inflation data, while markets were also on alert for signs of Japanese authorities intervening in the yen after further declines in the currency. Investors have become more worried […]

June 26, 2024

Bank of America is doubling down on innovation to drive further adoption of its digital-banking mobile app for businesses, and turning to its clients for input on enhancing user experience and feature functionality. The Charlotte, North Carolina-based bank’s CashPro mobile […]

June 25, 2024

Nvidia has shed nearly 16% of its market value in the last three trading sessions as sellers take control of the world’s largest chipmaker. Nvidia became the world’s largest company last week, with a valuation in excess of $3.34 trillion, […]

June 25, 2024

On Tuesday, Deutsche Bank initiated coverage on shares of Carpenter Technology (NYSE:CRS) with a Buy rating and a price target of $144.00. The firm’s analysis highlights Carpenter Technology’s potential for significant growth due to its unique position in the market, […]

June 24, 2024

The Fed has long weighed whether to expand operations of Fedwire and NSS as part of its pursuit of faster payments. After initially announcing in 2019 that it was considering extending the hours, the agency is finally getting around to […]

June 21, 2024

Oil prices traded marginally higher Friday, on course for weekly gains amid signs of improving demand in the United States, the world’s biggest oil consumer. By 08:20 ET (12.20 GMT), the U.S. crude futures traded 0.1% higher at $81.32 a barrel and […]

June 20, 2024

New York is launching a program offering homeowners up to $14,000 in total rebates for energy-efficiency upgrades to their property, and more states are expected to follow suit by summer’s end. The rebate programs are part of the federal Inflation Reduction Act, the […]

June 19, 2024

Growth in UK house prices remained steady in April despite rising mortgage rates, the latest Office for National Statistics (ONS) and Land Registry House Price Index (HPI) has found. Provisional estimates show that average house prices grew 0.3% month-on-month (non-seasonally adjusted) to £281,000. This […]

June 19, 2024

It has been a long road down from the peak of 11.1% in October 2022 and a great deal of hardship has been felt along the way. The return to earth poses questions for the Bank of England, the government, […]

June 19, 2024

Boeing will celebrate its 107th year in operation, a massive feat few companies of its ilk can claim. However, the last few years have seen an enormous shift in the company’s public perception, with various international incidents eroding its illustrious […]

June 18, 2024

Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 2.1% in the four weeks to 9 June from 2.4% the previous month. That left the figure at its […]

June 17, 2024

The technology sector in the United States continues its upward momentum, propelled by the persistent demand for the Mag 7 stocks. The Nasdaq 100 index is nearing the significant 20,000 level. The top three corporations in the Nasdaq – Nvidia, […]

June 17, 2024

In a recent move, Charles K. Cohn, the Chief Executive Officer of Nerdy Inc. (NYSE:NRDY), an educational services provider, has increased his stake in the company through the purchase of additional shares. The transaction, which occurred on June 13, 2024, […]