Thursday, October 24, 2024
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Atlanta Fed’s Bostic: The central bank can’t wait for inflation to get to 2% to cut rates

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Atlanta Fed president Raphael Bostic said Wednesday he believes the central bank cannot wait until inflation hits 2% to begin cutting interest rates —...
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Reports of dollar’s demise are greatly exaggerated, JPMorgan says

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By Marc JonesLONDON (Reuters) - Suggestions that the dollar's dominance of the global financial system is ending are wide of the mark, JPMorgan said...
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US job openings fall as demand for workers weakens

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WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in...
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Maui wildfire report details how communities can reduce the risk of similar disasters

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A new report on the deadliest U.S. wildfire in a century details steps communities can take to reduce the likelihood that grassland wildfires will...
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Nordstrom family offers to take department store private for $3.76 billion with Mexican retail group

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NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department...
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Nvidia, chip stocks waver after previous day’s sell-off

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(Reuters) - Chip companies led by market cap leader Nvidia were set to extend losses on Wednesday after a bruising sell-off in the previous...
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Nordstrom founders offer $23 per shaare to take the department store private

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(Reuters) - Nordstrom's founding family has made a bid to take the department store chain private by offering $23 per share in cash for...
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Volvo Cars scales back electric vehicle ambition

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STOCKHOLM (Reuters) - Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and...
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Lyft to sell some bike, scooter assets

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(Reuters) -Ride-sharing platform Lyft said on Wednesday it will sell some assets related to bikes and scooters as part of a restructuring plan to...
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Cybersecurity firm Zscaler’s shares fall on dour annual forecasts

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(Reuters) - Zscaler shares tumbled 15.2% in premarket trading on Wednesday following the cybersecurity firm's downbeat annual forecasts.The forecast comes after peers Palo Alto...
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Cybersecurity firm Zscaler’s shares fall on dour annual forecasts

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(Reuters) - Zscaler shares tumbled 15.2% in premarket trading on Wednesday following the cybersecurity firm's downbeat annual forecasts.The forecast comes after peers Palo Alto...
Bussiness

Dollar Tree cuts annual forecasts on weaker demand

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(Reuters) -Discount store operator Dollar Tree cut annual forecasts on Wednesday, as it struggled to lure in price-sensitive shoppers for its more profitable higher-margin...
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