News

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13 Nov 2024 04:05

If OPEC Eases Voluntary Production Cuts, Oil Could Drop to $40 by 2025

Daily News

Market observers forecasting a decline in crude oil prices for the upcoming year have indicated that if the oil alliance OPEC+ eases its current production cuts, ...

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13 Nov 2024 04:00

The Upward Surge on Wall Street Comes to an End After 5 Days

Daily News

Forext - Stocks on Wall Street ended the rally that began after Trump's electoral victory. The S&P 500 turned lower following its biggest five-day gain in a year....

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13 Nov 2024 04:00

Volkswagen Increases Investment in Joint Venture with Rivian Automotive

Daily News

Volkswagen Group has increased its planned investment in the joint venture with electric vehicle manufacturer Rivian Automotive. In a joint press release on Tuesd...

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13 Nov 2024 03:55

Job Listings Decline in Australia

Daily News

In October, the number of job advertisements in Australia showed a decline compared to the previous month. According to the Labor Market Information Portal (LMIP)...

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13 Nov 2024 03:50

Wholesale Goods Inflation Accelerates in Japan

Daily News

Forex - Japan's wholesale goods inflation accelerated in October, driven by a drop in the yen that raised import costs for certain goods, increasing uncertainty a...

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13 Nov 2024 03:45

Meta Cuts Subscription Fees for Facebook and Instagram by 40% in the EU

Daily News

Forex - Social media company Meta has announced that it will offer free access to Facebook and Instagram if users in the EU agree to the display of targeted adver...

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13 Nov 2024 03:35

US Probes Russian Accounts Acquired by UBS from Credit Suisse

Daily News

According to knowledgeable sources on the subject, the U.S. is investigating UBS regarding the Russian clients it inherited when acquiring Credit Suisse. Sources ...

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13 Nov 2024 03:30

Fed/Kashkari: The Neutral Interest Rate May Have Increased

Daily News

Forex - The Fed is expected to lower interest rates in December and continue this recent trend with four additional cuts in the new year. However, Minneapolis Fed...

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13 Nov 2024 03:20

Dogecoin Surges 20% Following Trump's Announcement of State Efficiency Department

Daily News

Forex - Dogecoin has accelerated its post-election rise following the official announcement of the establishment of the Government Efficiency Department, referenc...

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13 Nov 2024 03:15

Trump: Musk and Ramaswamy to Form an Outside Advisory Team for the White House

Daily News

Forex - Elected President Donald Trump announced that Elon Musk and former Republican Party (GOP) presidential candidate Vivek Ramaswamy will lead a new "Departme...

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12 Nov 2024 22:03

Spotify's User Growth Surpasses Profit Forecast Expectations

Daily News

As a positive development for the streaming service Spotify, the company projected a fourth-quarter profit that exceeds Wall Street expectations. This optimistic ...

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12 Nov 2024 21:38

SimilarWeb's Earnings Meet Expectations, but Profits Exceed Them

Daily News

According to a report by SimilarWeb (NYSE: SMWB), earnings per share for the third quarter were $0.05, aligning with analysts' expectations of $0.05. The reported...

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12 Nov 2024 21:11

Amdocs Earnings Meet Expectations, Profit Aligns with Forecasts

Daily News

According to Amdocs (NASDAQ: DOX) report, earnings per share for the fourth quarter matched analysts' expectations at $1.70. The reported profit for this quarter ...

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12 Nov 2024 21:07

Skyworks Earnings Beat Expectations at $0.03, Profit in Line

Daily News

According to Skyworks' (NASDAQ: SWKS) report, the earnings per share for the fourth quarter stood at $1.55, exceeding analysts' expectations of $1.52 by $0.03. Th...

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12 Nov 2024 20:44

Germany's Finance Minister Rejects 2024 Budget Freeze

Daily News

Germany's new Finance Minister Joerg Kukies announced on Tuesday that there will be no budget freeze for 2024, despite the collapse of the country's three-party c...

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12 Nov 2024 20:35

H&R Block to Pay $7 Million in FTC Settlement

Daily News

H&R Block, the largest tax preparation service in the U.S., has agreed to pay $7 million to the Federal Trade Commission (FTC) to resolve allegations that it misl...

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12 Nov 2024 20:06

Bridgewater CIO Sees US Stocks Favorably Under Trump Administration

Daily News

Karen Karniol-Tambour, Co-Chief Investment Officer at Bridgewater Associates, recently expressed a positive stance on U.S. equities during a Yahoo Finance Invest ...

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12 Nov 2024 19:46

U.S. Consumers See Reduced Risks of Inflation and Debt Default

Daily News

The latest survey from the New York Federal Reserve Bank revealed that U.S. consumers are experiencing increased confidence in the easing of inflation and recover...

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12 Nov 2024 19:37

U.S. Banks Report Weaker Loan Demand in Q3, Fed Survey Reveals

Daily News

According to a survey released today by the Federal Reserve, U.S. banks experienced a decline in loan demand across various categories in the third quarter. The s...

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12 Nov 2024 19:29

France’s Economic Growth Expected to Stall in Q4

Daily News

The Bank of France forecasts that the French economy will not record any growth in the fourth quarter of 2024. This prediction indicates that economic activity, b...

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12 Nov 2024 19:25

Plains All American Settles California Oil Spill Case for $72.5 Million

Daily News

Plains All American Pipeline has reached an agreement to pay approximately $73 million related to the oil spill incident at Refugio Beach in Santa Barbara in 2015...

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