by Investing Wealth Daily | Jul 11, 2023 | Business, Economy, US
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking. For universal banks such as JPMorgan and Wells Fargo...
by Investing Wealth Daily | Jul 10, 2023 | Business, Economy, US
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher on Monday following last week’s losses, while Federal Reserve officials’ comments bolstered the view that the U.S. central bank may be near the end of its tightening cycle. The...
by Investing Wealth Daily | Jul 10, 2023 | Business, Economy, Technology, US
By Katie Paul and Akash Sriram (Reuters) -Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. Threads...
by Investing Wealth Daily | Jul 10, 2023 | Business, Economy, US
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation to post collateral and his holding company’s share price, buoying the stock which had been battered following an attack by...
by Investing Wealth Daily | Jul 10, 2023 | Business, Entertainment and Lifestyle, Technology, US
By Doyinsola Oladipo NEW YORK (Reuters) – Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during Tuesday’s Prime Day, the first time an online travel agency has participated in the shopping event. Retail spending has...
by Investing Wealth Daily | Jul 10, 2023 | Business, Entertainment and Lifestyle, Politics, Technology, US
By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online, framing it in sharp distinction to the more adversarial Twitter which is owned by billionaire Elon...