Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:47
Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:22
Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:16
RB Global Replaces CEO Fandozzi Amid Compensation Dispute, Sources Say
RB Global Inc., formerly known as Ritchie Bros. Auctioneers Inc., is appointing a new chief executive officer to
2023-08-03 06:47
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16
Home-Power Suppliers Face Slump Despite Grid Outages
Home solar and backup-power companies are facing a slump in US demand despite increased concerns about the reliability
2023-08-03 04:54
Litecoin’s Halvening Price Drop Is No Proxy for Bitcoin Next Year
Litecoin, the world’s 11th-biggest cryptocurrency, saw its price slide on Wednesday after it went through a so-called halvening,
2023-08-03 03:51
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:30
Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether
2023-08-03 03:24
Ether-Futures ETF Filings Return En Masse Amid Crypto Optimism
Exchange-traded fund issuers are once again venturing into crypto territory that regulators had recently steered them away from.
2023-08-03 02:47
US Companies Added 324,000 Jobs in July, ADP Says
US companies added more jobs in July than expected, highlighting the persistent strength of the labor market. Private
2023-08-02 20:54
CVS Beats Quarterly Profit, Sales Estimates Amid Cost Cuts
CVS Health Corp. beat estimates for second-quarter profit and sales, a sign of strength as the drugstore chain
2023-08-02 19:45