Latest Financial News

  • Oksana Koneva
  • 23 min ago
U.S. older workers face longer unemployment after job losses
Older Americans who lose jobs after 50 can face extended searches that push them into lower-paid work or out of their previous careers altogether. Recent labor data suggest headline unemployment ...
  • Ashutosh Sureka
  • 41 min ago
U.S. white-collar sectors sustain output growth as hiring stalls
White-collar industries in the U.S. are generating stronger output even as employment levels remain below late-2022 levels. The gap is raising concerns that economic growth in finance, technology, ...
  • Anton Kharitonov
  • 42 min ago
Retail stocks seen staging short-term rebound as technical pressure eases
Retail shares are showing signs of stabilization after a recent correction, with technical indicators pointing to a possible short-term relief rally. The setup centers on improving momentum in the ...
  • Artem Shendetskii
  • 57 min ago
Russia says diesel exports may recover to usual monthly volumes by year-end
Russia signals a return to more typical diesel export volumes by the end of the year as it seeks to restore fuel flows to the global market. Deputy Prime Minister Alexander Novak says shipments ...
  • Olga Shendetskaya
  • 1 hour ago
Bumble advances private buyout talks with Ithaca Holdings at $1 billion valuation
Bumble is in advanced talks to go private in a deal that values the dating app operator at roughly $1 billion. The discussions come as the company explores strategic options amid slowing growth in ...
  • Oleksii Zaichenko
  • 1 hour ago
Americas heavy crude glut widens as freight squeeze disrupts exports
Heavy crude is accumulating across the Americas as transport costs surge and U.S. refiners run near operational limits. The imbalance is splitting the global oil market, leaving buyers in Asia and ...
  • Artem Shendetskii
  • 1 hour ago
Snap options activity signals bullish bet on share rebound
Snap shares are climbing in October after spending more than a year below $10, with options markets now showing a sharp increase in bullish positioning. The latest trading suggests some investors ...
  • Elena Nikulina
  • 1 hour ago
Bed Scrunchie remains reliant on Amazon after seller account shutdown hit business
After losing the sales channel that its founders say drove most customer purchases, Bed Scrunchie still depends heavily on Amazon to reach buyers. Founder Jack Nekhala says the experience shows ...
  • Mikhail Vnuchkov
  • 1 hour ago
Bangladesh import LC openings climb as fuel and raw material costs rise
Bangladesh's import letter of credit openings reach $8.10 billion in September, the highest monthly level in 53 months, as costlier fuel and industrial inputs lift import bills. The increase ...
  • Anastasiia Chabaniuk
  • 1 hour ago
Mid-market fashion brands gain ground as luxury pricing strains demand
Years of aggressive price increases are pushing some fashion shoppers away from top-tier labels and toward mid-market apparel brands. That shift is helping retailers such as Uniqlo and Zara ...
  • Dmytro Kharkov
  • 1 hour ago
IonQ to acquire Elisity in up to $1.3 billion cybersecurity deal
IonQ is expanding beyond quantum computing hardware and software with a planned purchase of cybersecurity firm Elisity in an all-stock transaction worth up to $1.3 billion. The deal, which ...
  • Ivan Andriyenko
  • 1 hour ago
U.S. stocks bull run faces breadth and valuation test after four-year surge
Four years after the S&P 500 bottomed in October 2022, the index remains near record levels after rising almost 120% on the back of AI-driven enthusiasm and strong technology gains. The durability ...
  • Sholanke Dele
  • 1 hour ago
Global diesel shortages strain energy security and trade networks
Damage to refining capacity and disrupted access linked to the wars in Ukraine and Iran are driving diesel prices sharply higher and exposing vulnerabilities across global supply chains. The ...
  • Yulia Slavina
  • 1 hour ago
KBRA affirms ratings on CGCMT 2017-C4 after surveillance review
Commercial mortgage-backed securities transaction CGCMT 2017-C4 continues to show weaker pool performance since securitization, even as credit support from loan payoffs, amortization and ...
  • Ksenia Gerey
  • 1 hour ago
Altura collapse prompts UK fraud reports from crypto depositors
A dispute over frozen funds at crypto yield platform Altura is pushing affected depositors toward formal fraud complaints in the UK. The case highlights how even insured, apparently well-backed ...
  • Elena Nikulina
  • 1 hour ago
U.S. states weigh tax and spending measures to address affordability pressures
Rising costs for goods and services are pushing U.S. states to use their budget flexibility to support residents and preserve long-term fiscal balance. As broad-based tax cuts, refunds and tax ...
  • Pavlo Kot
  • 1 hour ago
MEMX Equities sets overnight trading test schedule ahead of December launch
MEMX Equities is preparing for overnight trading with a series of industry tests running from mid-October through early December. The exchange says firms can join the new session without upgrading ...
  • Oksana Koneva
  • 1 hour ago
Gold market outlook brightens as China demand, central bank buying support prices
Gold retreats after an August rally as higher bond yields and a stronger U.S. dollar pressure the metal and mining shares into October. Longer-term demand drivers remain in place, with seasonal ...
  • Alena Volkova
  • 1 hour ago
Dallas Area Rapid Transit bonds keep AAA rating with stable outlook
Dallas Area Rapid Transit retains top-tier credit standing on its senior lien sales tax revenue bonds as the transit authority continues to rely on dedicated local tax revenues to support debt ...
  • Igor Krasulya
  • 1 hour ago
Disney tech overhaul gains new CTO as streaming competition intensifies
Disney is deepening its technology push as it tries to sharpen its streaming position against Netflix and YouTube under CEO Josh D'Amaro. New chief technology officer Karandeep Anand says the ...