Business
Americans Express Mixed Sentiments on Inflation and Finances in Latest NY Fed Survey
Americans Express Mixed Sentiments on Inflation In a recent survey conducted by the Federal Reserve Bank of New York (NY Fed), Americans showcased a mixed...
AMD Strengthens AI Capabilities through Strategic Acquisition of Nod.ai
AMD Strengthens AI Capabilities through Strategic Acquisition Advanced Micro Devices (AMD), locked in a fierce competition with rival chipmaker Nvidia, recently unveiled their acquisition of...
US Economy To Fuel Slight Rise In Earnings Despite Stock Market Declines
Rise In Earnings Expected despite facing a turbulent September in the stock market, the robustness of the US economy and sustained consumer demand indicate a...
Boeing Grapples with Production Woes, Struggles to Meet Delivery Targets
Boeing Fears Missing Targets Boeing Fears Missing Targets: The Aircraft giant faced a significant setback in its third-quarter airline jet deliveries, reporting a notable slump...
Atlanta Fed President: No Further Rate Hikes, No Recession in Sight
Atlanta Fed President: No Rate Hikes, No Recession in Sight Atlanta Federal Reserve Bank President Raphael Bostic surprised the American Bankers Association on Tuesday, affirming...
Restaurant Employment Reaches Pre-Pandemic Levels
The United States restaurant industry has achieved a significant milestone, rebounding to pre-pandemic employment levels in September, as confirmed by a report released Friday by...
Labor Market: Job Growth in Sectors, Hospitality Slow
The United States labor market has displayed remarkable resilience, with the number of employed individuals surpassing pre-pandemic levels from February 2020. This milestone was officially...
MGM Resorts Faces $100M Loss in Cyberattack
Last month, MGM Resorts, a prominent casino conglomerate headquartered in Las Vegas, disclosed a significant data breach, deeming it a cyberattack, according to a regulatory...
Amgen Secures Horizon Therapeutics in $27.8B Acquisition
In a landmark move, biotechnology giant Amgen has finalized its acquisition of Horizon Therapeutics for a staggering $27.8 billion. The deal received the green light...
Brazilian Auto Exports Face Steep Decline in 2023,
Brazilian auto exports are poised to experience a substantial setback in 2023, with a projected double-digit drop compared to the previous year, cautions the automotive...
