Tag: Business
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Fed rate hikes are coming, but not this week: CNBC survey
The CNBC Fed Survey shows that 93% of respondent expect a pause at the Federal Reserve meeting taking place this week.
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Boeing narrows third-quarter loss as defense sales rise, but focus remains on 737 Max production
Boeing is set to brief investors on its aircraft production outlook when it reports quarterly results before the market opens Tuesday.
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A ‘canary in the coal mine’: Measles resurgence exposes weaknesses in U.S. public health, experts say
The measles resurgence exposes the U.S.’ public health weaknesses, such as declining vaccination rates and waning trust in health institutions, experts say.
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GM will switch to Nasdaq from the NYSE on Nov. 17
GM expects to keep its “GM” ticker symbol, and the company says shareholders do not need to take action because of the transfer.
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UPS beats quarterly expectations, raises full-year guidance again
UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row.
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Dollar firms ahead of central bank meetings, steadier stocks stall safe haven play
LONDON Oct 27 : The dollar nudged higher on the euro, yen and pound on Tuesday, as traders braced for a barrage of major central bank meetings that will shape the interest rate outlook, as well as key corporate earnings that could ripple through all asset classes. The Federal Reserve is set to announce its…
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OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say
MOSCOW/LONDON, Oct 27 – OPEC+ oil-producing countries are likely to keep their December oil output targets steady on Sunday, three people with knowledge of the matter told Reuters, in line with expectations that further output policy adjustments are unlikely until next year.The online meeting of seven core OP
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European shares dip as HSBC results weigh on banks ahead of Big Tech earnings
Oct 27 : European shares slipped on Tuesday, dragged down by banking stocks, after disappointing results from HSBC, while investors also turned cautious ahead of US tech earnings, seen as a key test of the AI trade, and central bank meetings that could shape near-term interest-rate outlook.The STOXX 600 banki
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Big Tech earnings a test of the AI boom amid market turmoil
Oct 27 : Wall Street expects Amazon, Microsoft and Alphabet to report on Wednesday faster growth in their cloud businesses, but a turbulent market selloff and concerns over rising costs of AI financing are tempering optimism.Investors are pressing for evidence that the AI boom can deliver swift returns to jus
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Crypto blitzes midterms with $176 million to support allies as it prepares for post-Trump era
NEW YORK, Oct 27 : The crypto industry has spent roughly $176 million across more than 100 midterm races this election cycle, as part of a years-long plan to build a bipartisan coalition of allies in Congress that can advance its interests long after US President Donald Trump leaves office. The $2.75 trillio
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