The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. With this third major policy rate increase in a row, the Governing Council has made substantial progress in Read more…
“As the macroeconomic landscape continues to evolve and uncertainties persist, we are operating from a position of competitive strength,” said CEO Chris Kempczinski. McDonald’s Corp. (MCD) – Get McDonald’s Corporation Report shares traded firmly higher Thursday Read more…
“We continue to execute on our strategy, invest in leading-edge science and drive innovation,” said CEO Robert Davis. Merck & Co. (MRK) – Get Merck & Company Inc. Report posted better-than-expected third quarter earnings Thursday, while Read more…
Why stop at wireless services when you can add a side of finance? | Image: Boost Mobile Dish Network-owned Boost Mobile is getting into financial services with the launch of OmniMoney, a basic banking service Read more…
Better-than-expected earnings for a host of Dow components has the average moving higher Thursday, but Meta’s collapse has tech in the red, with eyes on Apple and Amazon updates after the closing bell. Updated at Read more…
EURUSD lost momentum after speeding up to the six-week high of 1.0092 in the four-hour chart. According to the RSI and the stochastics, the pair has reached overbought levels, making a downside correction possible ahead of the Read more…
“A beautiful thing about Twitter is how it empowers citizen journalism – people are able to disseminate news without an establishment bias,’ said Elon Musk. Twitter (TWTR) – Get Twitter Inc. Report moved higher Thursday officials Read more…
“Our goal is to grow Family of Apps operating income, such that even with our Reality Labs investments, we can still meaningfully grow our overall company operating income,” said CEO Mark Zuckerberg. Meta Platforms (META) Read more…
Stocks futures higher with earnings, rates, GDP data in sight; Meta shares plunge on grim Q3 update, metaverse losses; Ford slides on narrowed profit guidance, charge to exit self-driving business; Apple slips ahead of Q4 Read more…
EUR/USD is in a holding pattern ahead of today’s ECB rate meeting. In the European session, the euro is trading at 1.0068, down 0.16%. ECB projected to hike by 0.75% The ECB holds its policy Read more…