News

image
21 Dec 2024 06:15

Jamaica Central Bank Cuts Rates for the Fourth Consecutive Meeting

Daily News

Forex - The Bank of Jamaica (BoJ) continued its process of interest rate cuts, which began in August after five years, with a 25 basis point reduction at its four...

Read More
image
21 Dec 2024 06:05

Regulation Introduced for Vehicle Sales Involving Refurbished Mobile Phones

Daily News

The Ministry of Trade has made a regulation regarding the number of installments applicable to the sale of refurbished mobile phones and vehicles. The "Regulation...

Read More
image
21 Dec 2024 05:45

Today in the Official Gazette - December 21

Daily News

Forex - APPOINTMENT DECISIONS
–– Decisions regarding appointments made by the Presidency (Decision: 2024/428, 429, 430, 431, 432, 433, 434, 435, 436, 437, 438, ...

Read More
image
20 Dec 2024 21:22

Qualcomm Shares Rise Following Legal Victory Against Arm

Daily News

Qualcomm Inc. (NASDAQ:QCOM) shares rose by 2.6% in after-hours trading following a favorable legal ruling in its dispute with Arm Holdings Plc. A jury in a federa...

Read More
image
20 Dec 2024 21:09

Fed Vice Chair Seeks Legal Advice Amid Potential Conflict with Incoming Administration - Reuters

Daily News

Investing.com -- Federal Reserve Vice Chair for Supervision Michael Barr is exploring legal options in response to potential attempts by President-elect Donald Tr...

Read More
image
20 Dec 2024 20:07

OpenAI Tests New AI Models O3 and O3 Mini in a Competitive Environment

Daily News

Investing.com -- Artificial intelligence company OpenAI announced on Friday that it is testing its new reasoning AI models, o3 and o3 mini. This development indic...

Read More
image
20 Dec 2024 20:00

Colombia's Central Bank Surprises Markets with Lower-than-Expected Rate Cut

Daily News

Forex - The Central Bank of Colombia (Banrep) unexpectedly slowed down the pace of interest rate cuts due to financial concerns weakening the country's currency a...

Read More
image
20 Dec 2024 19:45

Number of Drilling Rigs in the U.S. Remains Steady for Two Consecutive Weeks

Daily News

Forex - The number of active oil and natural gas drilling rigs in the United States remained unchanged for the second consecutive week. According to a report shar...

Read More
image
20 Dec 2024 19:40

CBRT Takes New Steps to Support the Decline in KKM Balances

Daily News

The Central Bank of the Republic of Turkey (CBRT) has taken new steps to support the decrease in the balance of the Currency Protected Deposit (CKD). According to...

Read More
image
20 Dec 2024 19:26

Ironwood Pharmaceuticals Shares Surge Amid Rival's Troubles

Daily News

Investing.com -- Ironwood Pharmaceuticals shares rose by up to 32% today. This increase followed a significant development that could indirectly affect the compan...

Read More
image
20 Dec 2024 19:14

Cytokinetics Shares Surge Following Sanofi's Acquisition of Rights

Daily News

Investing.com -- Cytokinetics, Incorporated (NASDAQ:CYTK) shares rose 4.8% after the company announced that Sanofi would acquire exclusive rights to develop and c...

Read More
image
20 Dec 2024 18:47

Senators Call for Reevaluation of Biden's AI Chip Export Limits

Daily News

Investing.com -- The Biden administration's plan to limit the number of artificial intelligence (AI) chips that companies can establish in computing facilities in...

Read More
image
20 Dec 2024 18:28

Northern Oil and Gas Sets Its Sights on Acquiring Granite Ridge Resources - Reuters

Daily News

Investing.com -- Minneapolis-based Northern Oil and Gas has made at least two acquisition offers for Granite Ridge Resources, a smaller U.S. producer operating in...

Read More
image
20 Dec 2024 18:24

Cable One Shares Rise with Revised MBI Partnership

Daily News

Investing.com -- Cable One shares rose by up to 4.9% today, marking the largest daily increase since November 25. This increase came after the company announced a...

Read More
image
20 Dec 2024 17:55

Billionaire McCourt Plans to Restructure TikTok with $20 Billion Bid

Daily News

American billionaire businessman Frank McCourt plans to significantly restructure the business model of the China-based short-form video application TikTok. Once ...

Read More
image
20 Dec 2024 17:41

Volkswagen Reaches Agreement with Labor Union on Capacity Reduction, Avoiding Factory Closures

Daily News

Volkswagen AG has reached an agreement with labor leaders to reduce production capacity at its main brand while avoiding the closure of any factories during this ...

Read More
image
20 Dec 2024 17:01

XPO and Old Dominion Stocks Decline Following FedEx's Downward Guidance

Daily News

XPO, Inc (NYSE: XPO) shares dropped by 4.2%, while Old Dominion Freight Line (NASDAQ: ODFL) and Saia, Inc. (NASDAQ: SAIA) shares fell by 2.4% and 1%, respectively...

Read More
image
20 Dec 2024 16:09

Fed's Goolsbee Predicts Slower Rate Cuts in 2025

Daily News

Investing.com -- Chicago Federal Reserve President Austan Goolsbee stated on Friday that he expects the path for interest rate cuts in 2025 to be slower than prev...

Read More
image
20 Dec 2024 15:57

UBS Forecasts S&P 500 to Reach 6,600 Despite Fewer Fed Rate Cuts

Daily News

Investing.com -- U.S. stocks stabilized on Thursday, while U.S. Treasury yields continued to rise. Market participants adjusted their expectations for a more grad...

Read More
image
20 Dec 2024 15:53

Biden Administration to Blacklist Chinese Firm Over Illegal TSMC Chip Usage

Daily News

The Biden administration is preparing to add the Chinese chip designer Sophgo to the U.S. Commerce Department's Entity List, according to a source close to the ma...

Read More
image
20 Dec 2024 15:46

Starbucks Shares Dip Amid Looming Barista Strike

Daily News

Investing.com -- Starbucks Corporation (NASDAQ:SBUX) shares fell by 0.75% due to potential strike threats from the company's unionized baristas. The union represe...

Read More