Tag: business news

People using their mobile phones on July 17, 2016 in Surakarta, Indonesia.Solo Imaji | Barcroft Media | Getty ImagesSmartphone shipments ...

Powell says the Fed is ‘not far’ from the point of cutting interest rates

by

Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary ...

UnitedHealth working to restore Change Healthcare systems by mid-March, company says

by

In this photo illustration the UnitedHealth Group logo displayed on a smartphone screen. Sheldon Cooper | Sopa Images | Lightrocket | ...

Costco misses holiday-quarter revenue expectations despite online growth

by

Mandel Ngan | Afp | Getty ImagesCostco on Thursday missed Wall Street's revenue expectations for its holiday quarter, despite reporting ...

House Democrats probe SpaceX over alleged illegal export and use of Starlink by Russia

by

The Starlink photo is seen on a mobile device with Ukraine on a map in the background in this illustration ...

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

by

New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 ...

Salesforce announces new AI tools for doctors

by

Salesforce headquarters in San Francisco, California, US, on Wednesday, Nov. 29, 2023.David Paul Morris | Bloomberg | Getty ImagesSalesforce on ...

Why private equity has been involved in every recent bank deal

by

Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on "Oversight ...

China’s central bank governor says there’s room to cut banks’ reserve requirements

by

China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy ...

India’s booming tech sector suffers a big blow as Byju’s and Paytm plunge into crisis

by