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Monday’s bounce brings the year-to-date tally of such gains to 100 – an important threshold the benchmark index has only reached seven other years in the past six decades: during the Saudi oil ...
Meanwhile, Lyft stock tumbled more than 30% after the ride-share company reported first quarter earnings that came in at $975 million, which was below consensus expectations of $1.09 billion. The ...
The policy-setting Federal Open Market Committee kicks off its September meeting today and is expected to deal a third-straight 75-basis-point increase to its benchmark interest rate at the ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
U.S. equities extended a rout Monday after stocks booked consecutive weekly losses for the first time since late September. The S&P 500 slid 0.9%, while the Dow Jones Industrial Average declined ...
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Bloomberg Radio is a radio service of Bloomberg L.P. that provides global business news programming 24 hours a day. The format is general and financial news, offering local, national and international news reports along with financial market updates and interviews with corporate executives, economists and industry analysts. [1]
In corporate news, Twitter Blue is due to relaunch Monday with a nearly 30% surcharge for iPhone owners. The service still costs $8 per month, but will be $11 for those who purchase the services ...