Speaking to a Florida business group, Bostic maintained his view that a single quarter-point rate cut is likely all that will be appropriate in 2025. He emphasized that upcoming data on inflation and ...

Investing.com -- Federal Reserve Governor Christopher Waller has emerged as a leading candidate to replace Jerome Powell as ...

Investing.com -- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 18 entities and individuals Thursday for their roles in helping Iran evade sanctions and ...

Investing.com -- General Motors (NYSE: GM) will import electric vehicle batteries from Chinese battery manufacturer CATL, The Wall Street Journal reported on Thursday. Contemporary Amperex Technology ...

Investing.com -- Two Seas Capital LP, the largest active shareholder of Core Scientific, Inc., announced Thursday its ...

In the June quarter, Joby posted a net loss of $325 million, which included a large one-time charge related to warrant revaluation. Operating expenses rose as the company increased production and ...

Investing.com -- The 30-year fixed-rate mortgage (FRM) dropped to its lowest level since April, averaging 6.63% as of Thursday, according to Freddie Mac (OTC: FMCC )’s Primary Mortgage Market Survey.

Investing.com -- S&P Global Ratings has affirmed China’s unsolicited ’A+’ long-term and ’A-1’ short-term foreign and local currency sovereign credit ratings, maintaining a stable outlook.

Genmab (NASDAQ: GMAB) also cited higher sales of its own cancer drug EPKINLY as a key driver of its performance. Meanwhile, net sales of DARZALEX rose 22% to $6.78 billion over the period.

Roth said Lyft is in a better position heading into the second half of the year, helped by its acquisition of Freenow, a European ride-hailing service that adds nine new markets. The firm expects that ...

Investing.com -- Israeli Prime Minister Benjamin Netanyahu stated on Thursday that Israel plans to take military control of the entire Gaza Strip, though the country does not intend to maintain a ...

Multiple Wall Street analysts downgraded Fortinet (NASDAQ:FTNT) shares following the company’s latest earnings release, which showed that a much-anticipated firewall refresh cycle is already halfway ...