Driver Strikes Set to Disrupt Ride-Sharing and Delivery Services on Valentine’s Day Driver strikes are anticipated to sweep across the United States on Valentine’s Day, as thousands of drivers affiliated with ride-sharing giants like Uber...
Oil Prices Dip as Investors Take Profits, Eyes on Israel-Hamas Conflict and Industry Reports Oil prices experienced a decline in Asian trading on Monday as investors opted to take some profits following significant gains in the previous week. Attention now shifts...
S&P 500 Hits Record High Near 5,000 Mark as Consumer Stocks Lead Surge The S&P 500 surged on Wednesday, flirting with the elusive 5,000 milestone and closing at a record high, fueled by bullish sentiment towards stocks. Consumer stocks led the charge, buoyed...
Snap Inc. Shares Plummet 31% After Missing Revenue Expectations and Forecasting Losses Snap Inc.’s (NYSE:SNAP) stock took a sharp plunge of 31% in after-hours trading on Tuesday following the company’s disappointing Q4 earnings report and bleak forecast...
U.S. Banks Prepare for Loan Demand Surge Amid Falling Rates, Tighten Credit Standards” According to a Federal Reserve survey of senior bank lending officers released on Monday, U.S. banks are gearing up for a surge in loan demand amidst falling interest rates....
NYCB’s Dividend Cut Sparks Sharp Decline in Regional Bank Stocks On Wednesday, regional U.S. bank stocks took a hit, primarily triggered by a staggering 38% decline in the shares of New York Community Bancorp (NYSE:NYCB). The bank’s decision to reduce its...