Wells Fargo Arrive at $94 Million Settlement over Mortgage Forbearance during Pandemic
Wells Fargo & Co has arrived at a USD 94 million settlement for resolving class-action claims it sent to more than 200,000 struggling mortgage borrowers...
Category : Latest News
Following Q3 Profit Warning From Manufacturer Of Warehouse Equipment, Kion Group Declines
The German manufacturer of warehousing equipment Kion Group AG (ETR:KGX) warned that it would suffer a sizable loss for the third quarter, causing its stock...
EU Scraps Russian Cap Plan, Driving Up Gas Prices In Europe
The price of European natural gas futures increased on Wednesday as the EU abandoned its plan to control the cost of gas imports from Russia...
US Stocks Open Higher After Worst Day in 2 Years
On Wednesday, US stocks open little higher a day after the inflation report for August was released. At 9:46 ET (13:46 GMT), the Dow Jones...
US Producer Prices Post Second Straight Monthly Drop
US producer prices dropped for a second straight month in August since the cost of gasoline fell further, resulting in the least annual increase in...
Inflation Unnerves Big Tech, Worst Day For Nasdaq Since Pandemic
Following another hot US inflation print, it was a tough day for big tech, with the Nasdaq seeing its worst trading day since March 2020.Yesterday’s...
Canada July factory Sales Fall 0.9% on Metals, Petroleum
On Wednesday, Statistics Canada reported that Canadian factory sales plunged 0.9 per cent in July from June, primarily due to declines in primary metal industries...
SoftBank Considers Launching Third Vision Fund
Japanese multinational conglomerate SoftBank Group Corp is planning a third Vision Fund, probably using its capital. In the upcoming months, it will decide on the...
Johnson & Johnson, Comcast Announce Share Buybacks
On Wednesday, Johnson & Johnson (NYSE:JNJ) and Comcast Corp (NASDAQ:CMCSA), ahead of a new tax on stock repurchases next year, became the latest US firms...
Dollar Holds After Gains Inspired By Cpi; Yen Advances Talk Of Intervention
Early on Wednesday in European trading, the US dollar stabilized after the previous session’s significant gains following the hotter-than-expected US inflation report.The Dollar Index, which...