US equity funds see major outflows on growth concerns
(Reuters) – U.S. equity funds experienced their largest weekly outflow in 12 weeks by Sept. 4, driven by heightened investor…
Citi ‘increasingly convinced’ that the Fed will cut rates by 50 bps in September
The U.S. economy reported an increase of 142,000 new jobs in August, falling short of the anticipated 160,000 jobs. Despite…
Traders see Fed starting with 25 bps cut in Sept
(Reuters) – Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its…
Durov says Telegram will tackle criticism of how it moderates content
By Mark Trevelyan and Martin Coulter LONDON (Reuters) – Telegram boss Pavel Durov said on Friday that the messaging app…
Waller signals Fed is open to bigger cuts
Federal Reserve Governor Christopher Waller said today that the current economic data warrants action, suggesting that the Federal Reserve is…
Wall Street reacts to today’s NFP report: 25 or 50bps cut by the Fed?
The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 142,000 in August, a figure that fell…
Chewy’s forward margin trajectory “compelling and underestimated” – Morgan Stanley
Investing.com — Chewy’s (NYSE:CHWY) forward margin trajectory is “compelling and underestimated,” according to analysts at Morgan Stanley. In a note to…
US stocks tumble after crucial August jobs report; Nasdaq down 2%
Investing.com — US stocks opened in mixed fashion on Friday after Labor Department data showed that the American economy added fewer…
Greece stocks lower at close of trade; Athens General Composite down 0.24%
Investing.com – Greece stocks were lower after the close on Friday, as losses in the Telecoms, Household and Basic Resources…
Earnings call: Alcoa outlines strategic moves and green aluminum ambitions
Alcoa Corporation (NYSE: NYSE:AA), a leader in the aluminum sector, detailed strategic actions and financial updates during its recent earnings…