Currencies jumpy, stocks stable with all eyes on US election
Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market…
Rupee touches all-time low on equity outflows, US elections in focus
The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the impact…
Banks and the federal government point fingers as Americans lose billions to online scams
The American Bankers Association is urging federal action on online financial fraud. Banks are facing increased liability for scams, with…
Nvidia’s stock performance has been ‘staggering.’ But recent buyers of the stock are taking a far greater risk than they realize
Nvidia has become the combined Taylor Swift and Shohei Ohtani of stocks – glamorous, constantly hitting the ball out of…
Intel reportedly scaling back R&D teams in Israel — several hundred talented staff will be laid off
Intel plans to reduce its workforce by several hundred employees at its Israeli research and development centers, following similar job…
OPEC+ Delays Supply Restart Again as Crude Prices Struggle
OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive…
VW cost cutting necessary after ‘decades of structural problems’, CEO tells paper
Volkswagen’s planned cost-cutting programme was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver…
Boeing Bankers Grab Up to $300 Million in Capital Raise Fees
Boeing Co.’s $20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool…
Starbucks Is Working on Algorithm to Solve To-Go Coffee Chaos
Starbucks Corp. new Chief Executive Officer Brian Niccol is seeking to end the mosh pit that forms at stores when…
Boeing union endorses sweetened contract deal after nearly 7 weeks on strike
Boeing union workers have been on strike for nearly 7 weeks due to a dispute on wage increases. The planemaker…