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Fed decision, FedEx earnings, and the UAW strike: What to know this week

Jerome Powell and the Federal Reserve will take center stage in the week ahead when the central bank makes its next policy decision. The...

UAW justifies wage demands by pointing to CEO pay raises. So how high were they?

NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by...

Race for Soybean Dollars on U.S. Farms Heats Up

Race for Soybean Dollars on U.S. Farms Heats Up Source link

Yes, bankruptcies are on the rise in the US – but there’s no need to panic

Commercial bankruptcy filings are rising. Big-name companies including Bed Bath & Beyond, Silicon Valley Bank and Party City have all folded – and...

Wall Street coming to grips with how wrong it’s been in 2023

(Bloomberg) — Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end...

Small-Cap Stock Takeoff Adds $318 Billion to Emerging Markets

(Bloomberg) -- With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares in smaller companies.Most...

Bank of Montreal to close retail auto finance business, flags job losses

By Nivedita BaluTORONTO (Reuters) -Bank of Montreal (BMO) is winding down its retail auto finance business and shifting focus to other areas in...

The Tech Trade Is Showing Cracks. Higher Rates for Longer Spell More Trouble.

The Tech Trade Is Showing Cracks. Higher Rates for Longer Spell More Trouble. Source link

Arm IPO Excites Wall Street, but Challenges Loom

Arm IPO Excites Wall Street, but Challenges Loom Source link

Chinese commercial banks fear stimulus measures will do little to stem tide of mortgage prepayments, squeezing margins

China's commercial banks are raising questions about whether the central bank's recent cut to outstanding mortgage rates will be sufficient to hold back...

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