Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
(Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a…
Futures gain as focus shifts to Powell at Jackson Hole, Nvidia earnings
(Reuters) – U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues…
Goldman Sachs weighs sale for part of its wealth business
(Reuters) – Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth…
California regulator probes crashes involving GM’s Cruise robotaxis
(Reuters) -California’s autos regulator said on Friday it is investigating “recent concerning incidents” involving autonomous vehicles operated by General Motors…
Stocks, yields rise as traders balance China, oil supply
(Reuters) – European stocks edged higher on Monday after a rout last week while government bond yields renewed their rise…
How airlines cope with price surge during disasters
(Reuters) -Canadians vented their frustration against airlines on social media last week after prices of commercial flights out of Yellowknife…
Daily active users on Meta’s Threads drops to under 10 million – WSJ
The number of daily active users on Meta’s (NASDAQ:META) Threads text-first service has fallen to under 10 million, down from…
Burger King owner Restaurant Brands is a new Buy at JPMorgan
JPMorgan has initiated research coverage on Restaurant Brands International (NYSE:QSR) with an Overweight rating and a target price of $82…
4 big analyst cuts: CVS downgraded after Blue Shield of California’s announcement
CVS Health downgraded to Hold Edward Jones downgraded CVS Health (NYSE:CVS) to Hold from Buy following reports that Blue Shield…
Meta to soon launch web version of Threads in race with X for users
(Reuters) – Meta Platforms is set to roll out the web version on its new text-first social media platform Threads,…