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Broadcom gives Wall Street plenty of reason to cheer, and its stock moves higher
Not only did Broadcom’s outlook beat expectations, but the company announced a new large AI customer and CEO Hock Tan said he’s sticking around in that job until at least 2030.
If you bought a gold bar at Costco last year, here is what it's worth now
Gold hit a record $3,578 per ounce before declining Thursday, driven by weak jobs data and investor concerns about tariffs and Federal Reserve policy changes.
August jobs report to show further 'softness growing' in the US labor market as Fed rate cuts near
The US labor market is slowing down. After a round of weaker-than-expected job market figures this week, the Bureau of Labor Statistics (BLS) will release the August jobs report on Friday morning at
Trump Says ‘Fairly Substantial’ Chips Tariffs Coming ‘Shortly’
President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple Inc. that have pledged to boost their US investments.
Broadcom Posts Earnings Beat. The Stock Is Wavering.
Broadcom stock wavered in after-hours trading after the company posted better-than-expected earnings for its July quarter late Thursday. For its fiscal third quarter, the company reported revenue of
Mortgage rates tumble to lowest level since October 2024
The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.56%.
T. Rowe Price Stock Jumps on Goldman Sachs Collaboration
Key Takeaways T. Rowe Price and Goldman Sachs will collaborate on offering public-private investment solutions for clients.Goldman Sachs will purchase up to $1 billion in T. Rowe Price stock as part
It will take a doozy of a jobs report to derail investor expectations for a September rate cut
Fed-funds futures traders have priced in a 97.6% probability the Federal Reserve will cut its key interest rate by 25 basis points, or a quarter of a percentage point, from its current range of 4.25%
Trump's disruption of Fed independence could send gold prices soaring 40%: Goldman
If just 1% of private Treasury holdings get reallocated into gold, the precious metal could hit $5,000, the firm says.
Hiring data show disturbing trend just days before crucial jobs report
The July Jolts report tracks job openings and hires across industries, while the Federal Reserve mulls interest rate cuts.
Dollar holds ground as bonds find footing, jobs data looms
The dollar mostly held its ground on Friday as bond markets stabilised and traders awaited key U.S. jobs data expected to firm up the case for an interest rate cut by the Federal Reserve. The
Lululemon says it has gotten ‘too predictable,’ as tariffs, outlook sink its stock
Shares of Lululemon Athletica Inc. tumbled after hours on Thursday after the yoga-wear maker cut its full-year outlook, citing costs related to U.S. tariffs on imports.
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