Thursday, February 6, 2025

Economy

Hot US inflation data reignites the global sell-off

US CPI data leads bets on further Fed rate hikesThe MSCI ACWI Global Equity Index is at its lowest since July 2020Wall Street and...

Toshiba shares jump on report of possible $19 billion stock purchase

TOKYO (Reuters) - Shares in Toshiba Corp (6502.T) It rose on Thursday after a report that a group led by local investors was looking...

The S&P 500 closed lower, posting six days of losses before the headline inflation report

The S&P 500 fell on Wednesday, posting its sixth straight daily loss and hitting its lowest closing level since November 2020 as investors looked...

Dow reverses on back of hot inflation data Fed Next Minutes; PepsiCo jumps on profits

The Dow Jones Industrial Average reversed higher on Wednesday despite hot inflation data from the Producer Price Index. The minutes of the Federal...

Intel plans thousands of jobs in the face of PC slowdown

(Bloomberg) -- Intel is planning big staff cuts, likely numbering in the thousands, to cut costs and deal with the faltering PC market, according...

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