The Fed’s go-to inflation monitor just dropped to the lowest level since the pandemic
With inflation continuing to slow, the Fed is expected to further reduce its rate by a quarter-point in November and likely by another quarter-point in December.
Business
BofA downgrades Bridgepoint stock, says growth priced in after 50% rally
On Thursday, BofA Securities issued a rating change for Bridgepoint Group PLC (BPT:LN), downgrading the...
XCMG stock upgraded by BofA on profit surge amid business realignment
On Thursday, BofA Securities upgraded XCMG Construction Machinery Co Ltd (000425:CH) stock from Underperform to...
Kingsoft Office stock downgraded as BofA sees SaaS shift weighing on growth
On Thursday, BofA Securities made a notable adjustment in its stance on Beijing Kingsoft Office...
East West Bancorp director sells shares totaling $147,975
Molly Campbell, a director at East West Bancorp Inc (NASDAQ:), recently sold 1,500 shares of...
Twist Bioscience Launches FlexPrep⢠Ultra-High Throughput Library Preparation Kit for Applications in Agrigenomics and Population Genomics
Normalization by Ligation™ library preparation technology processes thousands of samples at low cost with enhanced...
U.S. Bancorp reshuffles leadership, CFO reports to CEO
MINNEAPOLIS – U.S. Bancorp (NYSE: USB), the parent company of U.S. Bank, has announced a...
GameStop meme king ‘Roaring Kitty’ gives up on Chewy
Keith Gill exits his stake in the online pet retailer.
Over 25% of Google’s code is now written by AI—and CEO Sundar Pichai says it’s just the start
Demand for AI offerings from Alphabet's cloud business helped drive an impressive revenue and earnings beat.
