By Anushree Ashish Mukherjee (Reuters) – Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence…
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By Jamie McGeever ORLANDO, Florida (Reuters) – Bond investors are by default pessimists and equity investors are naturally optimistic. But this market maxim doesn’t fully explain the seemingly wide chasm…
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Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
(Reuters) – Wells Fargo will sell its non-agency third-party Commercial Mortgage Servicing business to global commercial real estate loan services provider Trimont, the companies said on Tuesday. The move comes…
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By Edwin Okoth NAIROBI (Reuters) – In eight years of working as a taxi driver in Kenya’s capital, Judith Chepkwony has never seen business this bad. A bruising price war…
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By Stefano Rebaudo (Reuters) -The dollar hit a fresh seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell due on Friday, which could provide…
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By Sabrina Valle (Reuters) – An arbitration panel that will decide a high-profile clash between Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) will delve into the secret value of Hess (NYSE:HES)’…
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Citi analysts told investors in a note Tuesday that they are buyers of Udemy, projecting a potential upside of over 100% from current levels. Despite recent challenges, Citi maintains a…
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By Noel Randewich (Reuters) – The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is…
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(Reuters) – Netflix (NASDAQ:NFLX) saw a more than 150% surge in upfront ad commitments for this year, the streaming giant said on Tuesday, thanks in part to the National Football…
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Economy News
Mike Lynch and daughter among six missing after yacht sinks; divers struggle to enter wreck
By Giselda Vagnoni PALERMO, Sicily (Reuters) -Divers scoured the wreck of a luxury yacht off Sicily’s coast on Tuesday to find six missing people, including British tech entrepreneur Mike Lynch…