-- U.S. stock index futures rose slightly in evening deals on Monday, recovering some ground after a negative session on Wall Street as markets remained largely on edge ahead of more cues on inflation and the Federal Reserve. Gains in major artificial intelligence stocks spilled over into aftermarket trade, as investors remained optimistic over the...
UK house prices declined for the first time in six months in March, data published by the mortgage lender Halifax showed Friday. House prices dropped 1.0 percent on a monthly basis in March, in contrast to the 0.3 percent rise in February. This was the first decrease since September. Prices were expected to climb 0.3...
By Dawn Chmielewski (Reuters) - Walt Disney (NYSE:DIS) Co on Friday said that remarks by activist investor Nelson Peltz criticizing the company for making movies dominated by female and Black actors is evidence that he shouldn\'t be on Disney\'s board. Peltz, whose fight to join Disney as a director has become one of the year\'s...
Cathie Wood’s ARK 21 Shares Bitcoin exchange-traded fund (ETF) has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale’s Bitcoin Trust (GBTC). According to data from Farside Investors, ARK 21Shares Bitcoin ETF (ARKB) saw outflows amounting to $87.5 million on Tuesday, which is approximately equivalent to 1,300 BTC. This...
JAKARTA -PT Trans Power Marine Tbk (TPMA)and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years. Rudy Sutiono, Director of TPMA, mentioned that the company will control 51% of the shares,...
Cathie Wood\'s ARK ETFs made significant moves in the market on Monday, 25 March 2024, with a series of buys and sells that indicate a strategic adjustment to their investment portfolio. The trades were led by a hefty purchase of Tesla (NASDAQ:TSLA) shares and a notable acquisition of Roblox Corp (NYSE:RBLX), while large quantities of...
Despite the fading favorable base year effects, real estate meltdown and deflationary pressures, China has set an economic growth target of about 5 percent for 2024 that was unchanged from its previous year goal, which is set to force policymakers to focus on stimulus. In the annual work report, Premier Li Qiang on Tuesday projected...
The probe began in 2021 and has involved key figures in Adams’ inner circle. One of the most prominent moments in the investigation came last year when the FBI searched the home of Adams’ chief fundraiser, Brianna Suggs, seizing digital devices and documents linked to the mayor. Suggs has not been formally accused of any...
In a highly anticipated speech at the Jackson Hole Economic Symposium in Wyoming on Friday, Federal Reserve Chair Jerome Powell seemingly confirmed expectations that the central bank is prepared to begin lowering interest rates. The time has come for policy to adjust, Powell said, although he noted the timing and pace of rate cuts will...
The U.S. dollar extended decline against its major counterparts in the New York session on Wednesday, as the minutes from the Federal Reserves July meeting reinforced expectations for a rate cut in September. The minutes showed that vast majority of participants believed it would likely be appropriate to lower rates at the next meeting if...