Fed's Barkin: Current rate level will cool demand, doesn't see "overheating"
The current level for the Federal Reserve's benchmark interest rate should cool the economy enough to return inflation to the ...
Panama president-elect Mulino seeking to make his own mark
Panama's President-elect Jose Raul Mulino told a cheering crowd moments after he won Sunday's general election that he was ...
Peloton cut to Neutral at Citi on more limited visibility
On Monday, Citi downgraded for Peloton (NASDAQ: PTON ), shifting the rating to Neutral from Buy. The firm also reduced the price target for the connected fitness equipment company's shares to $4, a ...
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Tesla lays off more staff in software, service teams, Electrek reports
(Reuters) - Electric-vehicle maker Tesla (NASDAQ:TSLA) has launched another round of layoffs including staff from the ...
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman, the Google DeepMind ...
Robinhood Crypto gets Wells notice from US SEC
The company said it received a so-called "Wells notice," which the SEC issues when it is planning to bring enforcement action ...
Is the Bitcoin ETF rally over?
Both ETF inflows and the Bitcoin (BTC) rally decelerated in early April. Last week, BlackRock (NYSE: BLK )'s iShares Bitcoin ...
NY Fed survey finds Americans bracing for higher housing costs
Americans are once again bracing for another round of higher housing costs, the New York Federal Reserve said on Monday. As ...
Reddit stock: BofA revists RDDT after a blockbuster IPO
With the recent blockbuster IPO of Reddit, the social media platform, investors and analysts are revisiting their outlook on ...
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief ...
Macron, von der Leyen urge China to press Russia over Ukraine
President Emmanuel Macron is hosting the Chinese leader in his first visit to Europe in five years and held talks with him ...
US sanctions Colombian maritime companies over alleged migrant smuggling
The U.S. issued visa sanctions against executives of several Colombia maritime companies allegedly linked to migrant smuggling through the Colombia-Panama border, a senior U.S. official said on Monday ...