U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.
Read More US consumer confidence ebbs in September on labor market fears
Category: Business
Alaska Airlines reports IT outage, disruption in Seattle
Alaska Airlines said it experienced an IT outage that caused significant disruption to its operations, including delayed flights.
Read More Alaska Airlines reports IT outage, disruption in Seattle
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
Read More Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Wall St subdued as investors await Fed decision with bated breath
Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breath
Kroger-Albertson’s US anti-trust trial to end but other legal blocks loom
The trial block Kroger’s bid to buy rival grocer Albertsons will conclude on Tuesday, but the deal’s legal challenges have just begun.
Read More Kroger-Albertson’s US anti-trust trial to end but other legal blocks loom