US Supreme Court weighs legality of SEC in-house enforcement
(Reuters) – The U.S. Supreme Court began hearing arguments on Wednesday on the legality of the Securities and Exchange Commission’s…
Cuban rum makers fret as another dismal sugar harvest looms
(Reuters) – Producers of Cuba’s famous rum are feeling the pinch with local sugar output forecast to remain at record…
KKR to buy remaining stake in insurer Global Atlantic for $2.7 billion
(Reuters) – KKR & Co (NYSE:KKR) said on Wednesday it would buy a remaining 37% stake in Global Atlantic Financial…
Europe’s Signa toppled in property rout
(Reuters) -Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it…
Dollar Tree (NASDAQ:DLTR) Misses Q3 Sales Targets
Discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) fell short of analysts’ expectations in Q3 FY2023, with revenue up 5.4% year on…
Gold prices race to near 7-mth high on dovish Fed speak
Gold prices rose in Asian trade on Wednesday, reaching a near seven-month high as a string of dovish signals from…
Intuit first-quarter results top estimates, but earnings guidance falls short
Shares in Intuit (NASDAQ:INTU) edged higher in premarket U.S. trading on Wednesday after the software group reported better-than-expected fiscal first-quarter…
Dollar stabilizes at low levels; PCE data could determine future direction
The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that the Federal…
Stocks will be hostage to earnings delivery in 2024 rather than yields – JPMorgan
JPMorgan strategists have once again warned that corporate earnings growth may end up flat rather than higher, contrary to consensus…
Bitcoin Group: taking steps against money-laundering, terrorist financing
(Reuters) – Germany’s Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after the…