The Department for Work and Pensions (DWP) has revealed the dates for the next instalment of the cost of living payments, benefits and pensions for millions of households in the UK. The payments are part of a scheme to help low-income families cope with the rising cost of living amid...
Dow Jones Futures Fall as Nasdaq Breaks Key Level; Apple, Tesla and Nvidia Lead Tech Sell-Off
The stock market rally suffered a major setback on Thursday, as the Nasdaq composite broke below a key support level and several leading tech stocks plunged. Dow Jones futures fell sharply on Friday morning, signaling more losses ahead for the blue-chip index. Apple (AAPL), Tesla (TSLA) and Nvidia (NVDA) were...
Goldman Sachs to slash 3,200 jobs amid cost-cutting push
Goldman Sachs, one of the world’s leading investment banks, is preparing to cut about 3,200 jobs this week as part of its annual performance review and cost-cutting strategy, according to multiple sources. The job losses will affect employees across all divisions and regions, but will be more concentrated in the...
Brady and American Eagle Outfitters Shine Amid Market Weakness
The U.S. stock market closed mostly lower on Tuesday, September 6, 2023, as investors weighed the prospects of higher interest rates and inflation. However, some stocks managed to outperform the market and post impressive gains. Here are some of the highlights from Tuesday’s trading session. Brady Corporation Surges on Strong...
Asia stocks fall as weak growth data weigh on sentiment, dollar rises on Fed outlook
Asia stocks fell on Wednesday after faltering growth in China and Europe heightened concerns about global economic momentum, while the dollar firmed as investors weighed the outlook for Federal Reserve interest rates. Investor sentiment was dampened by a private-sector survey on Tuesday that showed China’s services activity expanded at the...