Stock Market Today: Dow falls nearly 140 points, S&P 500 and Nasdaq end lower, bond yields rise as Fed pauses rate cuts, signals no hurry to resume Last Updated: 1 min ago ...
Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program ...
The company, which employs about 36,000 people around the world, is targeting $500 million to $700 million in direct cost cuts, mostly from purchased services and third-party contract labor.
(Sharecast News) - Wizz Air tumbled on Thursday as it reported a narrowing of its third-quarter losses but cut its full-year profit forecast as it deals with issues related to engine groundings.
Australian inflation missed expectations, reinforcing RBA rate cut speculation. US-China trade tensions keep pressure on the Aussie. Markets await the Fed’s decision for further direction.
WASHINGTON, Jan 31 (Reuters) - President Donald Trump's administration launched a sweeping round of cuts at the Justice Department on Friday that appeared to focus on FBI agents and others who ...
The Riksbank's decision to cut interest rates was in line with market expectations. At this stage, the bank is not expecting rates to be cut further, although there is a high degree of uncertainty ...
KARACHI, Pakistan :Pakistan's central bank cut its benchmark interest rate by 100 basis points to 12 per cent on Monday, in line with expectations, as inflation eases and growth looks to set to ...
The company could potentially cut up to around 1,500 jobs with the move, the Nikkei newspaper reported earlier on Thursday. Nissan does not plan to conduct involuntary layoffs, the spokesperson ...
The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford to be patient with scant signs of ...
The head of the World Food Programme in Afghanistan says the agency can only feed half the millions of Afghans in need after cuts in international aid and an impending freeze in US foreign funding.
"Certainly, the plateauing in inflation improvement means that a rate cut is currently not a desperate requirement, so a pause makes sense." Shah added that the Fed's tone could get more dovish if ...