Nasdaq hits 20,000 for first time as AI rally rages on
(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…
Bank of Canada cuts main interest rate to 3.25%
OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…
US charges ex-TD Bank employee with helping to launder money to Colombia
By Nivedita Balu TORONTO (Reuters) – A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering…
David Bonderman, co-founder of alternate asset manager TPG, dies at age 82
(Reuters) -David Bonderman, the billionaire co-founder of the $239 billion alternative asset management giant TPG, has died at the age of 82,…
JP Morgan downgrades PagerDuty and C3.ai on market dynamics
Investing.com — JPMorgan downgraded both Pagerduty Inc (NYSE:PD) and C3.ai Inc (NYSE:AI) from “neutral” to “underweight” citing competitive pressures, market dynamics, and valuation…
Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
(Reuters) – Shares of health insurers such as UnitedHealth (NYSE:UNH) and CVS Health (NYSE:CVS) fell on Wednesday after a Wall Street Journal…
Lam Research shares up 3%, TD Cowen called stock ‘top pick’
Investing.com — TD Cowen called Lam Research Corp (NASDAQ:LRCX)its top pick, given its exposure to secular trends such as increasing memory content in…
Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal
By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Washington Post reports Elon Musk briefly worked illegally in US in 1990s
WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns
Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
