The stock in Micron Technology, which is the world’s leader in memory chip manufacturing was severely dented after the company unveiled a revised financial outlook, […]
Category: Finance
LVMH Buys €50 Million Villa in Cannes for Brand Events
In a move that underscores the luxury powerhouse’s further investment in exclusive experiences, LVMH-Moët Hennessy Louis Vuitton has acquired a stunning €50 million villa in […]
Cocoa Prices Climb Exceeding $12,000 Amid Growing Supply Concerns
For the first time in history, cocoa prices have broken into the $12,000 mark per metric ton. It’s a record-breaking price hike that has sent […]
Social Security’s Full Retirement Age to Rise in 2025
This change is required by long-term variation to the program, which is dictated by demographics and longevity trends. Still, one may fail to understand the […]
Dow Experiences Longest Decline in Nearly Half a Century—This Stock Is Pulling the Index Down
Dow Jones Industrial Average, a bellwether for America’s stock market, finds itself in the grip of a losing streak. For a couple of months, now, […]
The Fed’s Upcoming Interest Rate Decision: What to Expect
Below are various influences driving expectations as the Federal Reserve readies its critical interest rate decision on Wednesday, December 18, 2024. The benchmark rate might […]
Two Boston Banks Announce $1.1 Billion Merger
On Monday, Berkshire Bank and Brookline Bank ramped up activity surrounding their bank merger in Boston when announcing an all-stock, proposed deal valued at $1.1 […]
Bitcoin Surges Past $107,000 Amid Calls for Strategic Reserve
It also meant Bitcoin had broken the $107,000 level, considered a landmark for the digital cryptocurrency. The rally that had begun earlier in the year […]
Skydance Deal Provokes Studio Protest Regarding Paramount Chair Compensation
A recent collaboration between Skydance Media and Paramount Pictures has sparked a wave of discontent among studio insiders and industry professionals. The deal, which was […]
Walmart Mexico to Appeal $4.6 Million Fine for Alleged Monopolistic Practices
Walmart de México y Centroamérica, the local unit of US retailing giant Walmart Inc., plans to file an appeal against a fine worth around $4.6 […]