Business
Consumer Brands Grapple with Price Hikes as Inflation Wanes
In the midst of an unprecedented surge in inflation, major consumer brands in the United States defended their pandemic-induced price hikes by attributing them to...
U.S. Wholesale Prices Buck Inflation Trend, Rise Modestly in July
In a welcome shift, U.S. wholesale prices experienced a notable uptick in July, signaling a potential reversal of the alarming inflation surge witnessed over the...
Investors Flock to U.S. Treasury Funds on Yield Appeal
U.S treasury funds and bonds have managed to defy lackluster economic projections and capture remarkable levels of investment attracting investors throughout 2023. According to insightful...
News Corp Outpaces Profit Estimates, Fueled by AI Growth
In a surprising turn of events, media mogul Rupert Murdoch’s News Corp announced on Thursday that it had exceeded its quarterly profit estimates, attributing the...
Yellow Corp Expands Loan Exploration Amid Bankruptcy
In a strategic move aimed at securing its financial future, trucking behemoth Yellow Corp has announced its decision to prolong negotiations concerning a bankruptcy loan...
Energy Sector Fluctuations Pose Inflation Risk, CPI Inches Higher
The stock market exhibited a notable surge on Thursday in response to the latest Consumer Price Inflation (CPI) data for July, revealing a relatively restrained...
Stock Futures Retreat as Investors Scrutinize Inflation Data for Rate Direction
Stock futures experienced a decline on Friday as investors meticulously analyzed the latest inflation data, aiming to deduce whether the recent inflation surge or July’s...
Mixed Day for Indices: Dow Jones Gains, S&P Maintains, and NASDAQ Edges Higher
In a day marked by cautious optimism, stocks inched higher on Thursday as newly released earnings season data indicated a slight uptick in inflation, bolstering...
Goldman Sachs Secures Victory as Appeals Court Rejects Shareholder Class Action Allegations
Goldman Sachs achieved a significant triumph on Thursday as the U.S. appeals court ruled in its favor, effectively halting a class action lawsuit filed by...
Crypto Clash: DCG and Gemini Trust Lawsuit Intensifies Amid Dismissal Bid
The ongoing legal battle between Digital Currency Group (DCG) and Gemini Trust took a new turn on Thursday as DCG, along with its founder Barry...
