Screenwriters’ Strike Uncertainties Rattle Media Stocks in Trading
Major media conglomerates faced a turbulent day of trading on Monday, relinquishing early gains spurred by hopes of an imminent resolution to the ongoing screenwriters’
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European Central Bank Tackles Inflation with Steep Rates
The European Central Bank (ECB) stands steadfast in its mission to combat surging inflation, even as signs of economic fragility emerge. ECB Chief, Christine Lagarde,
Zero Sell Ratings as Guggenheim Upgrades Microsoft
Microsoft has shed all sell ratings, receiving an upgrade to a neutral outlook from Guggenheim on Monday. The investment firm attributed this shift to the
Student Loan Resumption Sparks Spending Concerns
As the resumption of student loan payments looms in October, a recent study conducted by Jefferies reveals that consumers are anticipating a reduction in their
Oil Prices Surge, Goldman Sachs Assures Manageable Impact
In the wake of surging oil prices, American consumers are feeling the pinch at the pump as gasoline costs continue to climb. This uptick has
SEC Investigates Wall Street’s Use of Private Messaging Apps
In a significant development, the US Securities and Exchange Commission (SEC) has intensified its investigation into Wall Street’s use of private messaging applications. According to
US Treasuries: Yields Under Pressure Amid Rate Speculation
US Treasuries experienced a notable decline on Monday, with 10- and 30-year yields surging to new multi-year peaks. The 10-year yield saw an increase of
SoftBank Unveils Innovative Bond-Type Class Shares Offering
SoftBank, the telecommunications arm of billionaire Masayoshi Son’s conglomerate, has unveiled plans to issue a unique class of securities that blur the lines between traditional
Apple Aims for $40 Billion Production in India
In a significant move towards bolstering its manufacturing footprint, Apple Inc. has outlined an ambitious strategy to amplify production in India by over fivefold within
Lego Shelves RPET Plan, Sticks with Oil-Based Plastics
In a significant development, the renowned Danish toy giant, Lego, has officially discontinued its ambitious initiative to substitute oil-based plastics with more eco-friendly alternatives in
