US

The FAANGs were once the five biggest US tech stocks dominating the investment landscape. These included Facebook (now Meta), Amazon (now Alphabet), Apple (now Netflix), and Google (now Alphabet). This picture is no longer relevant.…

BlackRock was sued on Monday by the US state Tennessee. The lawsuit accused the $9.1 trillion New York-based asset management firm of violating consumer laws by ignoring environmental, social, and governance factors when developing its…

Nippon Steel agreed to purchase US Steel for $14.9bn, its largest acquisition ever. The Japanese group is targeting the American market through this deal. The fourth-largest steelmaker in the world by production announced on Monday it…

Federal Reserve chair Jay Powell sent his clearest signal yet on Wednesday that the US central bank was done with two years of tightening monetary policy and would begin cutting rates in 2024, sending Wall Street's benchmark index closer to…

Federal Reserve Chair Jay Powell is facing a difficult balancing act to maintain flexibility within the US central banks policy plans, despite intense pressure from the US government to reveal the date and amount of interest rate cuts…

Investors are increasingly confident that US Federal Reserve will begin cutting interest rates in mid-2024. The dollar has hit a low of three months on Tuesday. US currency fell 0.5 percent against a basket containing six currencies to…

WeWork, a flexible workspace provider that plans to file bankruptcy as soon as next week. This is a dramatic turn of events for a company once valued at $47 Billion. The Wall Street Journal broke the story first, and shares of the…