FINANCE
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Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut…
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2024 bull run in home stretch, China ‘data dump’ eyed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the final full…
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Costco posts another quarter of sales growth against an uncertain consumer environment
Costco (COST) slightly beat estimates in its fiscal first quarter results as inflation-weary shoppers turn to the wholesale retailer. Adjusted…
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Lilly Approves $15 Billion in Share Buybacks, Raises Dividend
(Bloomberg) — Eli Lilly & Co. (LLY) approved a program to buy back as much as $15 billion of its…
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It should close in early 2025
Hewlett Packard Enterprise (HPE) CEO Antonio Neri is holding out hope his prized acquisition of Juniperg Networks (JNPR) will close…
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South Korea’s Whirlwind Stint in Martial Law Jolts Markets
(Bloomberg) — South Korean President Yoon Suk Yeol’s surprise decision to impose martial law in South Korea for the first…
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Elon Musk files for injunction to halt OpenAI’s transition to a for-profit
Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its…
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Here’s How To Reach $3.6 Million By Age 65, According To Dave Ramsey—’It Really Is That Simple’
Most people dream of financial freedom, but the path to becoming a millionaire often seems complicated. For Dave Ramsey, a…
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New Findings Show IRAs And 401(k)s Contribute Less Than 20% Of Retirees’ Income
New Findings Show IRAs And 401(k)s Contribute Less Than 20% Of Retirees’ Income Retirement savings plans like IRAs and 401(k)s…
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MicroStrategy Tumbles After Citron Research Shorts the Stock
(Bloomberg) — MicroStrategy Inc shares tumbled after Andrew Left’s Citron Research said in a post on X that it’s betting…
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