AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in
2023-08-02 08:20
New Zealand Jobless Rate Rises, Wages Slow After Rate Hikes
New Zealand unemployment rose in the second quarter and wage inflation showed signs of slowing, indicating the labor
2023-08-02 07:58
US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:54
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:49
US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:48
Korean Inflation Eases, Boosting Case to Keep Rates on Hold
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 07:20
Starbucks Revenue Misses Estimates as Its US Growth Slips
Starbucks Corp.’s quarterly sales fell short of analysts’ estimates as traffic growth slowed in the US. Higher prices
2023-08-02 06:58
Treasury Futures Up, Dollar Slips on Fitch Fallout: Markets Wrap
Treasury futures rose while contracts for the S&P 500 stocks benchmark declined after Fitch Ratings downgraded the US
2023-08-02 06:17
Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes
Whole milk powder auction prices have slumped to a three-year low amid signs that demand for dairy products
2023-08-02 05:54
MicroStrategy Returns to Profitability With Bitcoin Rebound
MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, returned to profitability in the
2023-08-02 05:51
Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps
Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of
2023-08-02 04:56
Glen Point’s Phillips Says US Trying to Criminalize FX Trading
Glen Point Capital co-founder Neil Phillips urged a federal judge to throw out charges that he tried to
2023-08-02 04:27