In a major intervention to safeguard industrial jobs, Prime Minister Anthony Albanese announced a rescue effort on Friday to prevent the closure of Australia’s largest aluminium smelter, the…
Lululemon Athletica shares surged nearly 11% in after-hours trading on Thursday after the retailer reported stronger-than-expected third-quarter results and said Chief Executive Calvin McDonald will step down early…
Asian markets opened higher on Friday, tracking overnight gains on Wall Street, even as renewed weakness in Oracle shares added fresh pressure to the technology sector. Investors continued…
Applications for unemployment benefits in the United States rose sharply last week, marking the largest increase since the early days of the pandemic. Initial claims rose by 44,000…
The Federal Reserve’s December projections paint a surprisingly optimistic picture.After delivering a quarter-point rate cut, the US Fed forecasted that the American economy will showcase resilience, inflation levels…
The US Federal Reserve on Wednesday cut its policy rate by 25 basis points, the third consecutive reduction.The policy rate, which was widely expected to signal a deliberate…
US stocks surged after the Federal Reserve delivered its third straight quarter-point rate cut on Wednesday, with the Dow Jones jumping over 550 points and the S&P 500…
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of…
Mexico’s decision to sharply increase import tariffs next year has placed new pressure on India’s major automobile exporters, reshaping trade expectations in one of their most important overseas…