FICO stock skyrockets 24%: what’s driving the rally and why analysts are split
Fair Isaac (NYSE: FICO) stock rallied sharply on Thursday after the company announced a new direct-to-lender licensing program. The new…
Brazil pushes ahead with middle-class tax cuts as senate vote looms
Brazil’s government said it was certain the Senate is likely to pass the measure to extend income tax exemptions to…
Evening digest: Trump sees ‘opportunity’ in shutdown, Manchester Synagogue attack
Thursday started with some major global headlines as the European Union decided to double the steel tariffs in order to…
Dow futures took a sharp plunge on Wednesday: 5 things to know before Wall Street opens
Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market…
From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder…
Wall Street opens in red on government shutdown; Nike, Lithium stocks soar
Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged…
Commodity wrap: gold surges to new highs as oil extends losses and copper rises
There is no stopping gold’s rally as prices on COMEX breached the $3,900-per-ounce mark on Wednesday. Increasing safe-haven demand, coupled…
Why is Nvidia stock plunging today? Here’s 3 key reasons
Nvidia stock (NASDAQ: NVDA) tanked at open on Wednesday, plunging almost 2% to $184 as the trading day began amid…
Canada’s factory activity shrinks sharply in September as trade talks stall
Canada’s manufacturing sector contracted at a quicker rate in September, driven down by lower output and new orders amid an…
The Emperor’s new clothes
The September Federal Reserve meeting came and went. The Federal Open Market Committee (FOMC) reduced interest rates by 25 basis…