CashNews.co US stocks rose on Thursday as investors digested fresh inflation and labor data testing high-running expectations for a quarter-point interest-rate cut next week. The S&P 500 (^GSPC) rose 0.1% while the Nasdaq Composite (^IXIC) gained 0.3%, coming off sharp closing gains fueled by a tech rally. The Dow Jones Industrial Average (^DJI) was little […]
CashNews.co The Pac-12 is mobilizing its long-discussed plan to rebuild the league with additions from the Mountain West, sources tell Yahoo Sports. The two-team conference of Washington State and Oregon State will add Boise State, San Diego State, Colorado State and Fresno State in a reimagined Pac-12. Those schools applied for membership into the conference […]
CashNews.co Female founders are being held back by a lack of finance, a new report has found, amid renewed calls for more equitable investment into entrepreneurship. Nearly two-fifths (39%) of female small business owners say poor access to finance is preventing scale-up plans according to a report by Small Business Britain, in partnership with Square […]
CashNews.co UK public debt could be set to almost triple by the mid 2070s, according to a new report, mounting from less than 100% of gross domestic product (GDP) to around 270% over the next 50 years. The Office for Budget Responsibility’s (OBR) fiscal risks and sustainability report charted the hill the new Labour government […]
CashNews.co We recently compiled a list of the 20 Best Cryptocurrency Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other cryptocurrency stocks. A Review of the Crypto World: Latest Updates Crypto has emerged as a major political issue in […]
CashNews.co (Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang, whose products have become the hottest commodity in the technology world, said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. Most Read from Bloomberg “The demand on it is so great, and everyone wants to be first […]
CashNews.co (Reuters) – Automaker Stellantis told its U.S. dealers on Wednesday that its August sales were up 21% from July, and its dealer inventory was reduced for two consecutive months by approximately 10%. Stellantis National Dealer Council’s President criticized CEO Carlos Tavares for the “rapid degradation” of the automaker’s brands and urged him to spend […]
CashNews.co Investors began September trading with a thud as stocks tumbled on Tuesday to start a historically tough month for markets, with AI darling Nvidia (NVDA) and chip names leading tech stocks down. The turn into the red comes amid a crucial week of data on the economy and labor market highlighted by an influential […]
CashNews.co For the better part of two years, artificial intelligence (AI) has been the hottest thing since sliced bread on Wall Street. The prospect of AI-driven software and systems learning without human intervention gives this technology broad-reaching utility in almost every sector and industry. Though we’ve seen no shortage of next-big-thing trends come and go […]
CashNews.co (Reuters) – HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, Bloomberg News reported on Monday, citing people familiar with the matter. The combined division would become the bank’s largest revenue generator, contributing about $40 billion to the lender’s revenue annually, […]