Tag: business

January 31, 2024

Regional U.S. bank stocks sank on Wednesday, dragged by a 38% plunge in the shares of New York Community Bancorp (NYSE:NYCB) after it cut its dividend and posted a surprise loss, renewing fears over the health of similar lenders. The […]

January 31, 2024

​The tech giant saw a staggering 194% jump in its stock price in 2023, a testament to the company’s robust performance in key areas such as user growth, engagement, and monetization—all achieved with a leaner operation. ​The surge in Meta’s […]

January 30, 2024

Shop prices rose at their slowest rate in more than 18 months in January, according to the British Retail Consortium (BRC). Discounts and lower prices for milk and tea saw shop price inflation fall to 2.9%, from 4.3% in December. […]

January 26, 2024

Sky News understands that the International Legal Finance Association (ILFA) wants ministers to use the Horizon Bill to reverse a Supreme Court ruling which has cast a pall across the litigation funding sector. Litigation funding sources argue that the ruling […]

January 25, 2024

Boeing’s troubles with its 737 MAX jets are upending the aerospace industry’s 2024 plans, changing airlines’ fleet and expansion goals as U.S. regulators froze production of the best-selling jets. The FAA ramped up scrutiny of Boeing (NYSE:BA) after a frightening […]

January 25, 2024

The economy grew at a much more rapid pace than expected in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had thought was inevitable, the Commerce Department reported Thursday. Gross domestic product, […]

January 24, 2024

Kyle Schaefer is worried that his days as a fishing guide are numbered. He was one of five witnesses who appeared before the Senate Banking Committee on Wednesday to detail how climate change threatens the “blue economy,” a term that […]

January 24, 2024

Microsoft (NASDAQ:MSFT)’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most valuable company, just behind Apple. Microsoft and Apple shares (NASDAQ:AAPL) have been vying for the top […]

January 23, 2024

After falling to multi-week lows last Wednesday, gold has recovered some ground in recent days; however, the rebound appears to be losing momentum, with prices approaching trendline resistance at $2,040. To gauge the future direction, it’s vital to see how […]

January 23, 2024

Asian shares rose on Wednesday on optimism that Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen. The MSCI’s broadest index of […]

January 22, 2024

In the rapidly evolving online grocery sector, Instacart (NASDAQ:CART), operating under the ticker EXCHANGE:CART, has garnered significant attention from Wall Street analysts. These industry experts have been closely monitoring the company’s performance, market trends, and potential impacts of external factors […]

January 22, 2024

In the world of athletic apparel and footwear, few names carry the weight and recognition of Nike , Inc. (NYSE: NYSE:NKE). With a history of dominating the market through innovation and strategic branding, Nike has become synonymous with sports and […]

January 19, 2024

Shiba Inu currently displays an ascending triangle pattern on the SHIB/USDT chart. This technical formation is widely recognized and could be a signal to a significant price surge for the meme. An ascending triangle is characterized by a flat upper […]

January 18, 2024

Talking to Sky News on the fringes of the World Economic Forum in Davos, Jeremy Hunt said that while he has yet to see the fiscal numbers ahead of the March event, he is hopeful of reducing taxes. Sponsored link […]

January 17, 2024

Crude oil prices fell by more than a dollar per barrel on Wednesday as China’s growth data disappointed, raising more worries about end-demand for energy. The world’s number two economy expanded by an annualized 5.2% in the final quarter of […]

January 17, 2024

U.S. retail sales rose more than expected in December, boosted by an increase in motor vehicle and online purchases, keeping the economy on solid ground heading into the new year. The upbeat report from the Commerce Department on Wednesday, which […]

January 11, 2024

The Financial Conduct Authority (FCA) said it was a reaction to rising tensions between consumers and lenders over so-called discretionary commission arrangements across the motor finance market – a practice that was banned in 2021. It promised that settlements would […]

January 10, 2024

The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to tighten their belts, according to global investment figures shared exclusively with CNBC. The data from […]

January 8, 2024

Bitcoin ETF fever is pushing the price of the largest cryptocurrency by market capitalization back to highs last seen in April 2022. At least 10 companies have handed in amended and updated Bitcoin ETF applications and are waiting to hear […]

January 4, 2024

One of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases, a rare public standoff between a grocer and food maker after more than two years of rising prices. […]