Alibaba Beats But Cloud IPO Pulled
Key News Asian equities were mixed overnight, with Japan, Mainland China, and Hong Kong off while Taiwan, Korea, and India...
Senate Passes Stop-Gap Spending Bill, Keeps The Lights On Through January
The Senate has passed a stop-gap funding bill to avert a government shutdown before the deadline. The bill is identical...
Homebuilder sentiment unexpectedly plummets to lowest level this year
Confidence among builders in the U.S. housing market plunged for the fourth straight month in November as high mortgage rates...
GM rank and file ratify labor deal, ending threat of a renewed strike
Rank-and-file members of the United Auto Workers union have approved their labor deal with General Motors, despite significant opposition that saw it...
G2A Unveils “Geekverse”, A Gaming-focused NFT Marketplace
Source: Pixabay Popular gaming keys distributor G2A has launched a marketplace for NFTs linked to Web3 games. According to a...
Walmart, Alibaba, Cisco, Palo Alto, Macy’s, Plug Power, Intel, and More Market Movers
Stocks declined Thursday as Wall Street took a breather from a rally that has extended in November following soft U.S. inflation...
Customers seek wiggle room to pay for cybersecurity, despite ‘unprecedented’ level of attacks, Palo Alto Networks says
Shares of Palo Alto Networks Inc. slid after hours Wednesday after the cybersecurity company trimmed its full-year outlook for billings,...
Inflation in the U.S. tamped down by falling cost of imports
The numbers: The cost of imported goods fell 0.8% in October and reversed some of the increase in the prior two...
Producer prices fall, inflation rate drops unexpectedly in November
WASHINGTON - In a surprising turn of events, the United States witnessed a significant drop in producer prices alongside a...
Banks’ Revenue Opportunity From FedNow Instant Payments
OBSERVATIONS FROM THE FINTECH SNARK TANK It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023...
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