Block Shares Drop Most Since March After Earnings Disappointment
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of
2023-08-05 01:22
Here’s What Economists Are Saying About the US Jobs Report
Former Treasury Secretary Lawrence Summers said that he’s still concerned about inflation picking up after wage growth was
2023-08-05 01:17
Hedge fund investors hunt credit, equity portfolios
NEW YORK Big investors, such as pension funds and insurance companies, are willing to increase their allocation to
2023-08-05 00:51
Struggling US Sectors Trim Work Hours Rather Than Slash Payrolls
US employers in struggling sectors such as manufacturing are reducing hours rather than resorting to aggressive job cuts,
2023-08-05 00:47
Carl Icahn’s Wealth Falls $2.7 Billion as Dividend Cut Batters Shares
Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to
2023-08-05 00:25
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
2023-08-05 00:23
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:51
Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
Former Treasury Secretary Lawrence Summers said that while the path to a soft landing for the US economy
2023-08-04 23:17
Argentina’s Bullrich Would Remove FX Controls With IMF Help
Argentina’s presidential hopeful Patricia Bullrich would seek greater support from the International Monetary Fund to untangle currency controls
2023-08-04 22:58
Amazon again cited by US regulators over worker safety
By Daniel Wiessner The U.S. workplace safety regulator said Amazon.com Inc has subjected workers at yet another of
2023-08-04 22:26
Stellar Earnings Aren’t Enough to Juice Stock Prices
A strong earnings season for technology companies is going largely unrewarded in a stock market that has already
2023-08-04 22:20
SocGen Explores Strategic Options for Asset Custodian Unit
Societe Generale SA is exploring strategic options for its asset custodian unit, including a sale, as part a
2023-08-04 22:15