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Economy

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…
Economy

Nasdaq hits 20,000 for first time as AI rally rages on

(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…
Economy

Health care execs seek to better understand patient outrage after UnitedHealthcare killing

NEW YORK (Reuters) – Health care companies are taking a step back to better understand patients’ experiences after a powerful U.S. health…
Economy

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from…
Economy

Greece plans lower bank fees for retail customers

ATHENS (Reuters) – The Greek government is working on a plan to reduce bank fees and charges for retail transactions, to help…
Stock

Lam Research shares up 3%, TD Cowen called stock ‘top pick’

Investing.com — TD Cowen called Lam Research Corp (NASDAQ:LRCX)its top pick, given its exposure to secular trends such as increasing memory content in…
Stock

Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers

(Reuters) – Shares of health insurers such as UnitedHealth (NYSE:UNH) and CVS Health (NYSE:CVS) fell on Wednesday after a Wall Street Journal…
Stock

JP Morgan downgrades PagerDuty and C3.ai on market dynamics

Investing.com — JPMorgan downgraded both Pagerduty Inc (NYSE:PD) and C3.ai Inc (NYSE:AI) from “neutral” to “underweight” citing competitive pressures, market dynamics, and valuation…
Stock

David Bonderman, co-founder of alternate asset manager TPG, dies at age 82

(Reuters) -David Bonderman, the billionaire co-founder of the $239 billion alternative asset management giant TPG, has died at the age of 82,…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
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