The resurgence in tensions between Russia and Ukraine dented the risk appetite globally. This has prompted investors to reassess their portfolios, leading to higher demand for safe and defensive assets.As...
This new annualized dividend of $1.60 per share will be payable on Jan. 2, 2025, to shareholders on record as of Dec. 2.
U.S. stocks closed mixed on Wednesday as investors assessed October consumer inflation data that is likely to keep the Federal Reserve on pace for another rate cut next month. The consumer price index...
Boatwright, who was named interim CEO in August, served as the chief operating officer, reporting directly to the company's CEO since 2017.
The Federal Reserve’s September meeting revealed an internal debate on the size of its first interest rate cut in over four years. While a "substantial majority" of officials supported a 50-basis-point...
Wall Street has shown a remarkable rally this year. The artificial intelligence (AI) craze and rate-cut optimism have been the major driving factors amid recession fears, geopolitical tensions and the...
The upcoming U.S. Presidential election is one of the reasons behind the ongoing market volatility. The uncertainty regarding how the market will respond to the election outcomes presents a notable economic...
September could further increase market volatility. Often termed as Wall Street’s worst month, September has been challenging for traders. According to Yahoo Finance, for the past 98 years, September...
Wall Street slumped at the start of September as weak data raised fresh concerns about the health of the economy. All the three major U.S. indices recorded their biggest daily percentage declines since...
Wall Street wrapped up August on a positive note after a turbulent start due to the tech sell-off. The Dow Jones touched a series of record highs, gaining 1.8%, while the S&P 500 marked its fourth straight...