AMD Tracks Nvidia Gains in Wall Street’s AI Frenzy
Advanced Micro Devices Inc.’s stellar share-price performance this year reflects its place in the eyes of investors looking
2023-06-09 21:57
UBS, government sign Credit Suisse loss-sharing deal clearing way for deal to close
By John Revill and Noele Illien ZURICH (Reuters) -UBS and the Swiss government agreed on Friday how they will share
2023-06-09 21:25
Canada reports surprise May jobs loss, unemployment rate rises to 5.2%
OTTAWA Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine
2023-06-09 21:21
America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:55
Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:23
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs
2023-06-09 16:19
Odey Asset Management tells investors 'confident' banks will continue to work with fund - letter
By Nell Mackenzie LONDON Odey Asset Management "does not recognise the picture of the firm that has been
2023-06-09 15:20
Take Five: Skip, stop or go?
It's a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank
2023-06-09 14:45
People in China are so worried about the economy they're asking for divine intervention
China's post-Covid reopening was supposed to be the stimulant that the world needed. But after an early burst of activity, growth in the world's second largest economy appears to be stalling.
2023-06-09 12:46
Goldman Sachs joins JPMorgan, Morgan Stanley in Odey Asset Management review ties -sources
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Goldman Sachs, JPMorgan and Morgan Stanley are reviewing their prime broking relationships
2023-06-09 02:57
U.S. weekly jobless claims increase more than expected
WASHINGTON The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labor
2023-06-08 20:56
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:54