Manufacturing, Services Data Coming Up
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13Nov
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13Nov
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13Nov
CPI inflation October 2024:
Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The consumer price index, which measures costs across a spectrum of goods and services, increased 0.2% for the month. That took the 12-month inflation rate to 2.6%, up 0.2...
13Nov
Stocks making the biggest moves premarket: CAVA, SPOT, RKLB
Check out the companies making headlines before the bell. Cava — The fast-casual restaurant chain surged nearly 19% after third-quarter results exceeded analysts' expectations. Earnings of 15 cents per share topped the 11-cent consensus estimate from analysts polled by LSEG, while revenue of $244 million revenue was also above...
13Nov
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13Nov
Tencent Q3 2024 earnings
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesChinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games,...
13Nov
Partnerships Between Banks and Fintechs: A New Era
In the past decade, the financial services sector has witnessed an exciting shift. Fintech companies and traditional banks are increasingly working together. This wave of collaboration marks a significant evolution in the industry. Historically seen as competitors, fintechs and banks now find common ground to enhance services and reach...