Amazon.com Inc. has expanded its scope of activities. The company will now also offer U.K. consumers home and property insurance from third-party providers.
Amazon.com Inc. has expanded its scope of activities. The company will now also offer U.K. consumers home and property insurance from third-party providers.
Quantitative strategists from Citigroup Inc. suggest that U.S. equities are priced with higher recession risks being taken into consideration, i.e. with higher risks than any other type of assets. Due to this fact, U.S. equities might be prepared for more losses.
Major design software maker Adobe Inc. reaffirmed its forecast for the current quarter, even though expected revenue for 2023 came in below analysts' estimates.
Amazon Prime Video will air the first ever National Football League (NFL) Black Friday game next year.
Cyclyx International, ExxonMobil and LyondellBasell signed an agreement to build a unique plastic waste sorting and recycling plant in Houston.
According to Neel Kashkari’s announcement as Minneapolis Fed President, the U.S. Federal Reserve System won’t be able to stop its campaign of monetary policy tightening at a key rate of 4.5-4.75%, if core inflation continues to gain pace.
Based on stock market indicators, the recent rally in the U.S. is likely to indicate a sustained move higher. A majority of investors are less resolute, expecting signs of lower inflation.
The COVID-19 pandemic is slowly coming to a halt. Masks are now unnecessary in most public places, transportation and municipalities. Vaccination rates have stabilized.
On November 1, the sale of a part of British government bonds will start, as announced by the Bank of England. At the same time, long-term securities caught in the epicenter of the recent storm in the UK government bond market will not be sold this year.
The Bank of Canada is expected to decide to raise the overnight interest rate at a meeting. This time the increase will be less than the previous one, it’s expected to be 50 basis points.