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Angela Rayner and Keir Starmer vow to cut red tape and boost construction, but Legal & General CEO urges more action to unlock UK investment potential.
Published on: February 08, 2025, 09:00 AM UTC
Bond yields surged after the January jobs report showed strong wage growth and a low unemployment rate, indicating a robust labor market despite weaker-than-expected hiring. Markets expect the Fed to maintain higher rates for longer.
Published on: February 08, 2025, 01:00 AM UTC
ELF Beauty stock plummeted 28% after reporting mixed earnings, with guidance below analyst estimates due to lower social media chatter related to the LA wildfires and TikTok ban.
Published on: February 08, 2025, 12:01 AM UTC
Defense startup Anduril Industries is in talks to double its valuation to over $28 billion with a new funding round that would raise $2.5 billion, led by venture firm Founders Fund.
Published on: February 08, 2025, 12:01 AM UTC
Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump have agreed to leave foreign exchange-rate matters in the hands of their finance ministers.
Published on: February 08, 2025, 12:00 AM UTC
Pinterest quarterly revenue exceeded $1.15 billion, beating analysts' estimates; ad impressions grew 40%, leading to an 18% surge in stock price. Q1 sales forecast ranges from $837 million to $852 million.
Published on: February 08, 2025, 12:00 AM UTC
DeepSeek's impact on the tech industry is becoming increasingly evident as business leaders discuss its implications on earnings calls. Despite market disruption, the outlook for the technology remains positive. Executives from companies like ARM, AMD, Palantir, and Meta have shared their perspectives on DeepSeek's potential influence on AI adoption, innovation, and competition.
Published on: February 07, 2025, 11:00 PM UTC
Rodney Hood, a former credit union regulator, will take over as the acting head of a leading national bank regulator, the Office of the Comptroller of the Currency (OCC).
Published on: February 07, 2025, 11:00 PM UTC
Elon Musk spoke at a JPMorgan conference attended by CEO Jamie Dimon, discussing topics like government efficiency. Amidst settled legal differences, Musk and JPMorgan engage in a wide-ranging conversation moderated by David Rubenstein.
Published on: February 07, 2025, 11:00 PM UTC
McDonald's Q4 Results: Sales Miss, Outlook Uncertain Amid Value Menu Push
Published on: February 07, 2025, 10:02 PM UTC