FINANCE
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US manufacturing output falls in January on weak motor vehicle production
WASHINGTON (Reuters) – U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output.…
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Powell reiterates cautious Fed rate stance with US lawmakers
Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the Fed is not in a rush to adjust interest rates,…
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Rates tick up after jobs report
Most mortgage rates have inched up today. According to Zillow, the 30-year fixed mortgage rate has increased by three basis…
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Disney price hikes help fuel earnings growth as streaming business posts profit
Disney (DIS) reported first quarter earnings on Wednesday that beat expectations as the media and entertainment giant reported a profit…
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Trump is melding the worlds of upstart crypto and old-school finance
Old-school finance and the upstart world of crypto are coming closer together as President Donald Trump encourages more favorable regulation…
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Big central banks start 2025 heading in different directions
By Alun John LONDON (Reuters) – The first central bank meetings of 2025 suggest it will be a year in…
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Austin Bank secures regulatory nod for Chasewood Bank acquisition
Austin Bancorp, the parent company of Austin Bank, has obtained regulatory approval to acquire The Chasewood Bank in Houston, Texas.…
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Exclusive-OpenAI faces new copyright case, from global publishers in India
By Aditya Kalra, Arpan Chaturvedi and Munsif Vengattil NEW DELHI (Reuters) – Indian book publishers and their international counterparts have…
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M&G Investments names new CFO
Investment manager M&G has hired Marcello Arona to serve as the new chief financial officer (CFO) of its asset management…
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Is Verizon an Underappreciated Artificial Intelligence Stock to Buy in 2025?
The advent of artificial intelligence (AI) has led to many companies claiming AI capabilities. Although not all of these are…
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