Nasdaq Plunges Over 1% as Tech Stocks Lead Market Retreat
The bearish sentiment continued to grip the US stock market for a third consecutive day on Thursday, as major indices registered declines amidst a backdrop...
Bitcoin Slides as Bond Yields Surge to 15-Year High
In a stark reflection of prevailing risk aversion, Bitcoin, the pioneering cryptocurrency, stumbled to a nearly two-month low, echoing the broader downward trend in the...
Mortgage Rates Surge Past 7% Mark, Hitting Two-Decade High
In a significant development, mortgage rates have experienced a surge beyond the 7% threshold this week, marking the highest point in over twenty years, as...
End of an Era: Microsoft Axes Xbox 360 Store and Marketplace
In a significant move that marks the end of an era for gaming enthusiasts, Microsoft Corporation has declared its intention to discontinue the Xbox 360...
Blue Shield of California Ends CVS Health 20 years Partnership
Blue Shield of California, a prominent non-profit insurer, announced on Thursday its decision to conclude a two-decade-long alliance with CVS Health, a leading pharmacy benefit...
Investor Caution Urged as Real Yields Peak Since Lehman Collapse
In a striking echo of the financial aftermath that ensued after the collapse of Lehman Brothers in 2008-2009, real yields on US government bonds have...
Samsonite Explores US Listing to Attract American Investors
Samsonite International SA, the renowned luggage manufacturer, is actively considering a secondary listing on US stock exchanges to enhance its appeal to American investors and...
Tesla Warns of Legal Action in Core Lithium Dispute
Core Lithium, an Australian mining company, announced on Wednesday that it had received a notice from Tesla, the prominent electric-vehicle manufacturer, regarding a supply agreement...
American Retirement Accounts Surge with 8.3% Gains
American retirement savers have reason to cheer as their investment portfolios received a welcome boost in the first half of 2023, with retirement accounts experiencing...
Gloomy Outlook: Japan Exports Decline, China Demand Dips
In a worrisome development underscoring concerns of a global recession, exports of Japan witnessed a decline in July for the first time in nearly two...
