Wall St Set For Higher Open On Earnings Optimism
By Devik Jain and Anisha Sircar (Reuters) -U.S. stocks were set to open higher on Thursday after strong earnings outlooks…
May 2022
Nvidia Dragged Lower on Gaming Outlook
Nvidia (NVDA) stepped up to the earnings plate last night. There was a lot of pressure to perform. Supply issues…
Mastercard Shifts Focus To Southeast Asia, LatAm After India Ban, Russia Exit
By Divya Chowdhury DAVOS, Switzerland (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard after its…
Davos Voices: What leaders say about climate change, war
DAVOS, Switzerland (AP) — Corporate buzzwords. Technical jargon. Bold but vague pronouncements about climate change and Russia’s war in Ukraine….
Fewer Americans apply for jobless benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already…
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses…
Macy’s raises annual profit outlook on strong Q1 results
NEW YORK (AP) — Shoppers’ return to occasion dressing helped to power Macy’s fiscal first-quarter results, and the department store…
Big tech deals keep coming: Broadcom buys VMware for $61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of…
Turkish central banks keeps rate at 14% despite inflation
ISTANBUL (AP) — Turkey’s central bank kept its main interest rate unchanged for a fifth month running on Thursday despite…
As CEO pay grows even bigger, so does its complexity
NEW YORK (AP) — CEO pay is a tricky thing to explain. Within the eight- and even nine-figure sums trumpeted…