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Bond Yields Retreat as Fed and Treasury Act
Recent decisions made by the Federal Reserve and the U.S. Treasury have caused bond yields to retreat, having…
Viasat Inc. Announces Workforce Reduction
Viasat Inc. (NASDAQ: VSAT) has revealed plans to cut approximately 800 jobs, representing around 10% of its current…
TransAlta Expands Generation Capacity with Heartland Generation Acquisition
Canadian power company TransAlta has recently announced a major acquisition, purchasing Heartland Generation and its business operations in…
Bombardier Reports Third Quarter Results
Bombardier, the Canadian business-jet manufacturer, announced its financial results for the third quarter. While the company experienced a…
General Electric’s Pension Trust Invests $100 Million in New ETF
The pension trust of General Electric (GE) has made a significant investment in a new exchange-traded fund (ETF)…
China’s Manufacturing Sector Contracts in October
A recent private gauge of China’s factory activity shows a contraction in October, suggesting ongoing economic challenges despite…
DBV Technologies Receives FDA Feedback on Peanut Allergy Treatment Studies
DBV Technologies, a leading healthcare company, announced that it has received requested feedback from the U.S. Food and…
AB InBev Reports Growth Despite U.S. Sales Decline
Anheuser-Busch InBev (AB InBev) remained confident in its full-year guidance and reported an increase in revenue despite a…
Ares Acquisition Corp. and X-energy Reactor Cancel $1.8 Billion Merger Deal
Ares Acquisition Corp. and X-energy Reactor Company LLC jointly announced on Tuesday that they have decided to call…
The Impact of Social Security on Consumer Spending
In 2023, older adults played a significant role in driving consumer spending. This can be attributed, in part,…
Student Loan Servicer Fails to Send Billing Statements
To hold the servicer accountable, the Department of Education is withholding $7.2 million in payments to MOHELA this…
Stock Market Update
U.S. Stock Market As the U.S. stock markets prepare to open in two hours, some companies are already…