Small-cap stocks face delicate balance between Trump boost and inflation risks
By Lisa Pauline Mattackal (Reuters) – U.S. small-cap stocks have surged to near record highs following Donald Trump’s presidential election…
Russia’s 2024 inflation to exceed government’s forecast after weekly jump
MOSCOW (Reuters) – Russian consumer prices jumped by 0.3% in the latest week, bringing the headline number to 7% since…
NY Fed says household debt up in third quarter as rising incomes ease debt burden
By Michael S. Derby NEW YORK (Reuters) – Rising income levels helped Americans manage their expanding debt loads during the…
Natera, Rivian lead Wednesday’s market cap stock movers
Wednesday’s market has seen significant movements in various stocks, with some companies like Natera Inc (NASDAQ:NTRA) and Rivian Automotive (NASDAQ:RIVN)…
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
By Jody Godoy WASHINGTON (Reuters) -Facebook owner Meta Platforms (NASDAQ:META) must face trial in a U.S. Federal Trade Commission lawsuit…
Explainer-How Musk’s US government efficiency panel might work
WASHINGTON (Reuters) – Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although…
Rivian shares surge on $5.8 billion Volkswagen investment in JV
(Reuters) -Shares of Rivian (NASDAQ:RIVN) jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment…
EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 billion deal
By Foo Yun Chee and Maggie Fick BRUSSELS/LONDON (Reuters) – EU antitrust regulators have asked pharma rivals and customers for…
Meta to introduce ads on Threads in early 2025, The Information reports
(Reuters) – Meta Platforms (NASDAQ:META) plans to introduce advertisements to its social media platform Threads early next year, the Information…
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices (NASDAQ:AMD) is laying off 4% of its global workforce, or about 1,000 employees, as it…