US weekly jobless claims fall as labor market remains solid
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last...
Daily Gold Alerts
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark...
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on...
US existing home sales fall for second straight month in April
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates...
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences...
Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027
(Reuters) -U.S. drugmaker Pfizer launched a new multi-year program to reduce its expenses by about...
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he...
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to...
Macy’s lifts annual profit forecast as new CEO’s revamp takes root
(Reuters) -Macy’s raised its profit forecast for the year on Tuesday, as its new CEO’s...
PepsiCo to expand EV fleet in California with Tesla semis, Ford vans
(Reuters) -PepsiCo said on Tuesday it would expand its fleet of electric vehicles in California,...