Weakness in bank stocks drags European shares to a downbeat open as financial sectors suffer from a less hawkish than expected tone from the U.S. Federal Reserve. But as Kate King reports, China's central bank has the tightening bug too: nudging up money market rates as authorities seek to rein in high-risk lending.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.
CAMPBELL, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Komprise, the leader in analytics-driven unstructured data management and mobility, today announced that it has been selected as the winner of a Gold Stevie® Award in the Data Tools & Platforms, New Product & Services category of The 22nd Annual American Business Awards® (ABA). Komprise was recognized for Storage Insights, a unified console for data-centric and storage-centric metrics. The Stevie Award is the fourth industry award for Komprise
Washington-based T-Mobile will invest another $500 million between 2027 to 2028 to help Lumos reach 3.5 million homes by the end of the period. T-Mobile will acquire all existing fiber customers of Lumos as part of the deal with EQT's Infrastructure VI fund, which is expected to close in late 2024 or early 2025. Lumos, which provides its fiber internet to 320,000 households, will transition to a wholesale model after the deal with T-Mobile as its main client, owning customer relationships.
It would be the first newly listed firm to immediately join the FTSE 100 since Deliveroo’s blockbuster IPO in 2021
Three cavalry officers who were injured in the incident are all expected to ‘recovery fully and return to duty’
ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a first quarter 2024 cash dividend at an annualized rate of 7.35 percent. “We are pleased with our strong financial performance during the first quarter of the year,” said FHLBank Atlanta Chair of the Board, Thornwell Dunlap. “This allows us to return value to members through this first quarter dividend as we continue focusing on our mission to provide a st
Preppy is on point this season as new A-list racket-romp Challengers drops. Joe Bromley has a guide to acing the Hurlingham look
Victims group describes the New York appeal court's decision to retry Hollywood mogul as "profoundly unjust".
United Microelectronics Corporation (NYSE:UMC) Q1 2024 Earnings Call Transcript April 24, 2024 United Microelectronics Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome, everyone, to UMC’s 2024 First Quarter Earnings Conference Call. [Operator Instructions]. For your information, this conference […]
TIMOTHY A. CLARY/AFP via Getty ImagesHarvey Weinstein’s accusers responded with shock and defiance to news that the disgraced producer’s New York rape conviction was overturned Wednesday.Louise Godbold, who accused Weinstein of sexual misconduct, told The Daily Beast she was “shaking” Wednesday morning after receiving the news."We thought it was finished,” she said in a text message. “We thought we could finally move on. Today’s news ignites all the panic, the fear, the confusion of the original
REDWOOD CITY, Calif., April 25, 2024--Cyara announced today that TMC, a global, integrated media company, has named the AI-powered CX Assurance Platform as a 2024 CUSTOMER magazine Voice Technology Excellence Award winner.
Government supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say many vacationers and local residents don't want to see turbines filling the ocean horizon. Eight Jersey Shore beach towns wrote to state utility regulators Wednesday, saying one wind farm proposal will be vastly more expensive than projected, and will cost tourism-driven jobs and economic activity.
PARAMUS, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2024 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 6, 2024, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conference call and an a
PARIS, April 25, 2024--Regulatory News: CLARIANE (Paris:CLARI):
Wireless carrier T-Mobile US expects to invest about $950 million for a 50% stake in a joint venture with Swedish investment firm EQT's fund that will buy fiber optic network provider Lumos, the companies said on Thursday. Washington-based T-Mobile will invest another $500 million between 2027 to 2028 to help Lumos reach 3.5 million homes by the end of the period. T-Mobile will acquire all existing fiber customers of Lumos as part of the deal with EQT's Infrastructure VI fund, which is expected to close in late 2024 or early 2025.
The Chicago Blackhawks have agreed to a six-year contract with defenseman Alex Vlasic, rewarding one of their best young players with a long-term deal. The team announced the move on Thursday. “Alex made enormous strides this year and proved he is a legitimate top-four defenseman in the NHL,” general manager Kyle Davidson said in a release.
Jeenah Moon/Getty ImagesTabloid boss David Pecker took the stand at Donald Trump’s hush-money trial for the third day on Thursday, testifying about his scheme to bury a Playboy Playmate’s affair story that could’ve damaged the former president’s campaign.Prosecutor Joshua Steinglass began questioning on Thursday by having Pecker walk the jury through the evolution of a $150,000 payment that Enquirer parent company American Media Inc. (AMI) made to Playmate Karen McDougal for the exclusive rights
Range Resources Corporation (NYSE:RRC) Q1 2024 Earnings Call Transcript April 24, 2024 Range Resources Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello. Welcome to the Range Resources First Quarter 2024 Earnings Conference Call. All lines have been placed […]
FORT WORTH, Texas, April 25, 2024--Attorneys at Blizzard Greenberg have filed a lawsuit against a Fort Worth-area Massage Envy on behalf of a woman who was sexually assaulted during her appointment.
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