Dow and S&P Edge Up Before Fed Decision
In a cautious ascent, Wall Street stocks edged higher on Wednesday morning as investors braced themselves for the anticipated Federal Reserve announcement regarding interest rates.
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Market Reacts to Instacart IPO and FOMC Meeting
Tuesday closed with a significant stock market recovery as the Federal Open Market Committee (FOMC) embarked on its latest policy meeting, while investors closely scrutinized
Investor Confidence Wanes as Arm Holdings Shares Decline
Shares in Arm Holdings experienced a 4.6% drop on Tuesday, marking the third consecutive daily decline for the chip designer in its initial four sessions
Trans Mountain: A New Dawn for North American Oil Supplies
After years of anticipation, the Trans Mountain oil pipeline expansion (TMX) is poised to commence operations in early 2024, heralding a transformative shift in North
$10 Billion Valuation: Instacart Nasdaq Debut Triumph
San Francisco-based grocery delivery app, Instacart, made a highly anticipated debut on the Nasdaq on Tuesday, with its stock opening at $42 per share, surpassing
Surging Oil Prices Spark Concerns over Consumer Demand
Oil prices have been steadily climbing since the summer months, driven by a persistent supply crunch, prompting traders on Wall Street to question just how
UAW Considers Expanding Standup Strike as Talks Stall
The United Auto Workers (UAW) has signaled its intention to intensify its standup strike approach if negotiations with major automakers fail to advance, with presidential
McCarthy Struggles with US Government Shutdown Bill
House Speaker Kevin McCarthy has encountered repeated challenges in his attempts to avert an impending US government shutdown, primarily from the most conservative members within
Rocket Lab Shares Plunge 26% After Lunar Mission Setback
Shares of Rocket Lab USA (NASDAQ: RKLB) tumbled by 26% on Tuesday, following an unforeseen setback in the company’s latest mission. The Lunar Orbiter mission,
Benioff Urges Swift Government Regulation for AI
In a candid assertion, Salesforce co-founder, chairman, and CEO Marc Benioff emphasized that the government must heed the lessons from its previous attempts at regulating
