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U.S. stocks open higher after hotter-than-expected August inflation report
U.S. stock indexes were trading higher on Wednesday morning after the latest consumer-price index data…
US carriers cut margin outlook on fuel costs, Frontier flags lower bookings
© Reuters. FILE PHOTO: A logo of low cost carrier Spirit Airlines is pictured on…
Price-To-Economic Book Value Ratio Is Flat In 2Q23
The trailing-twelve-months (TTM) PEBV ratio for the S&P 500 did not change much from 6/30/23…
Growing Institutional Appetite for Crypto in Asia Amid Regulatory Developments
Institutional adoption of digital assets in Asia is gaining momentum as regulatory clarity improves in…
BP CEO’s Exit Casts Doubt on Idea Oil Companies Can Lead Green Transition
The sudden departure of BP Chief Executive Bernard Looney will create further skepticism that oil…
Coinbase to integrate Bitcoin Lightning Network for faster transactions
© Reuters Coinbase (NASDAQ:), the prominent cryptocurrency exchange, confirmed on Wednesday its decision to integrate…
Inflation Ticks Up To 3.7%—Biggest Monthly Jump Since January
Topline Consumer prices rose 3.7% in the 12-month period ending in August, registering their largest…
Pantera Capital to Increase VC Reach to Mid-Stage Crypto Firms
Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage…
Treasury yields barely budge as traders tense for CPI inflation data
Bond yields were little changed early Wednesday as traders eschewed bold bets before a crucial…
HSBC Malaysia launches $106.8M fund to boost tech-led startups
© Reuters. HSBC Malaysia has launched a pioneering fund, called the "HSBC New Economy Fund",…
Argentine shoppers face daily race for deals as inflation soars above 100%
By Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) - Argentines, up against painful…
New Bloomingdale’s CEO Tapped By Parent Company Macy’s
Key takeaways Bloomingdale’s has named its new CEO, Frenchman Olivier Bron, to take over from…
Crypto Content Creator ‘Bitboy’ Ben Armstrong Sues Former Colleagues at Hit Network
Cryptocurrency influencer Ben Armstrong has filed a lawsuit against two Hit Network employees for ousting…
Apple iPhone 15 Launch Fails to Excite Investors. What Wall Street Is Saying.
Apple’s long-awaited iPhone 15 launch left investors disappointed, and Wall Street doesn’t seem enthused either.…
Bank of America sees US economic recovery and highlights 50 stocks to watch
© Reuters The economic downturn appears to be ending and a recovery is on the…