Other economists were less pessimistic, though most pared already lowered expectations for cuts this year. Goldman Sachs pared its rate cut forecast to two from three. “Good news has (once again ...

That in turn could dissuade the Federal Reserve from delivering the cuts to interest rates that Wall Street loves. Lower rates can not only goose the economy but also boost prices for investments.

Alyssa Healy was prevented from testing herself in the middle with the wicketkeeping gloves as the Governor-General match against England was abandoned after less than 29 overs due to rain in ...

The cuts affect about 90 employees, said the source, who asked not to be identified because the information has not been announced publicly. The firm, whose headcount is now back to where it was in ...

SEOUL : South Korea's National Pension Service, the world's third-largest pension fund, cut its stake in Korea Zinc to 4.5 per cent as of late October 2024, from 7.5 per cent in March last year ...

The industry witnessed a 42 per cent decline in layoffs compared to 2023, which saw the highest number of job cuts in the last four years. Over 260,000 employees were handed pink slips by over 1,200 ...

Apple (NASDAQ:AAPL) shares fell more than 3% on Thursday as investment firm UBS cut its estimates for the tech giant amid weakness in the iPhone. "Following another month of soft iPhone sell ...

SoFi Technologies (NASDAQ:SOFI) shares retreated 6.5% in Thursday late morning trading after Keefe, Bruyette & Woods downgraded the lender and banking app company to Underperform from Market ...

Cape Breton University is slashing its budget by up to $20 million this year because of a federal cut in the number of international students allowed. President David Dingwall said the restriction ...

Advisers to President-elect Donald Trump and congressional Republicans have begun floating proposals to boost federal revenue and slash spending so their plans for major tax cuts and new security ...

The agency lost $20 billion in funding under the latest deal to avoid a government shutdown, and further cuts to its enforcement budget are likely in the next Congress. Democrats denounce such ...