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Major shifts underway in market expectations for federal reserve interest rates

This week there have been some big shifts on the market's thinking around the path of Fed policy. Given the market moves, it's no surprise that's in a...

November 3, 2023, 6:09 pm

We've seen the most home price cuts since 2015, says redfin ceo glenn kelman

Glenn Kelman, Redfin CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the U.S. housing market, cost cutting measures and more....

November 3, 2023, 5:12 pm

Eur/usd soars above 1.0700, refreshes two-month highs post-us nfp weak data

EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate ...

November 3, 2023, 4:59 pm

Us dollar slides further as equities continue to sizzle

The US dollar is making fresh lows for the week as the stock market sizzles.The S&P 500 is up 1.1% and the Russell 2000 up 2.8% in a broad rally in ri...

November 3, 2023, 4:26 pm

Lundin mining reports record copper production in q3, cuts attributable net loss

(Kitco News) - Lundin Mining (TSX: LUN) announced Thursday that the company produced 89,942 tonnes of copper in Q3 2023, up 41% from Q3 2022 (63,930 t...

November 3, 2023, 3:52 pm

Lucid cuts prices of electric sedans for limited time amid ev price wars

Lucid Group cut prices of its Air range of luxury sedans earlier this week for a limited time ahead of the holiday season, amid stiff competition and ...

November 3, 2023, 1:55 pm

Delta air lines layoffs 2023: what to know about the latest dal job cuts

Delta Air Lines (NYSE: DAL ) layoffs are a hot topic among traders on Friday as investors as it prepares to cut corporate and management positions. De...

November 3, 2023, 11:09 am

Nio cuts workforce amid fierce competition: can nyse: nio hold above 8 usd?

Chinese electric vehicle manufacturer Nio Inc (NYSE: NIO) is making significant workforce cuts, citing ...

November 3, 2023, 10:54 am

Nio layoffs 2023: what to know about the latest nio job cuts

Chinese electric vehicle (EV) company Nio (NYSE: NIO ) said it will lay off 10% of its staff. It is being done, the company said, due to rising compet...

November 3, 2023, 9:38 am

Jobs market cools in october, rate cuts on the horizon, xlre a buy

The October jobs report showed weaker-than-expected nonfarm payrolls and private payrolls, with a rise in the unemployment rate. Average hourly earnin...

November 3, 2023, 9:30 am

Sempra cuts full-year earnings forecast but posts upbeat q3

Utility Sempra on Thursday topped estimates for quarterly profit on strength in its energy infrastructure business, but sharply lowered its full-year ...

November 3, 2023, 9:11 am

Shares of maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance

Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures....

November 3, 2023, 8:19 am

Maersk cuts jobs as profit collapses. it's bad news for global trade.

The shipping Giant's third-quarter Ebitda of $1.9 billion represents a fraction of last year's $10.9 billion....

November 3, 2023, 6:54 am

You can't control dividend cuts, but you can control what you do about them

Arch Resources adopted a dividend policy that, effectively, rewards investors based on corporate performance. The company operates coal mines, meaning...

November 3, 2023, 5:10 am

Maersk cuts thousands of jobs as shipping demand sinks

Maersk, the world's largest shipping group, dropped over 9% in early trading after confirming it was cutting 10,000 jobs and that operating profit wou...

November 3, 2023, 4:36 am

Google ends agreement with lead developer of four california campuses

Google has been making cuts to its real estate investments and has now ended its agreement with a devel...

November 2, 2023, 9:24 pm

Forexlive americas fx news wrap: dollar slides, bond yields drop, equities rip higher

BOE leaves bank rate unchanged at 5.25% as expectedBOE's Bailey: Inflation is still too highUS weekly initial jobless claims 217K vs 210K expectedUS Q...

November 2, 2023, 8:28 pm

Beyond meat layoffs 2023: what to know about the latest bynd job cuts

Beyond Meat (NASDAQ: BYND ) layoffs are the talk of Wall Street after it announced it is cutting 19% of its non-production employees after disclosing ...

November 2, 2023, 1:46 pm

Charles schwab layoffs 2023: what to know about the latest schw job cuts

Brokerage and wealth management advisory service provider Charles Schwab (NYSE: SCHW ) certainly hasn't been a darling of the financial market this ye...

November 2, 2023, 1:33 pm

Fomo is hitting the bond market

It's headlines like this that are suddenly everywhere and they certainly capture the market mood today.US 10-year yields are down 15.5 bps to 4.636% t...

November 2, 2023, 1:01 pm


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