Hewlett Packard Enterprise in Talks to Acquire Juniper Networks for $13 Billion
According to a source familiar with the negotiations, Hewlett Packard Enterprise is in talks to acquire Juniper Networks , valuing the network gear manufacturer at around $13 billion.
Jan 09, 2024 4:40 AM EST
Global Markets Poised for Expansion, Says Goldman Sachs, Citing AI and Green Tech
Peter Oppenheimer, Head of Macro Research at Goldman Sachs in Europe, says artificial intelligence and decarbonization are driving the world economy into a new "super cycle" and stressed the evident shift towards this revolutionary stage of the economy.
Future of Flexibility? Biden's Reclassification Play Paves the Way for Major Gig Economy Shift
According to a US administration official, President Joe Biden will issue a final regulation as early as this week that would make it harder for businesses to designate people as independent contractors rather than employees, who usually cost a business more.
Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries
Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.
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Travelers Brace for Potential Continued High Costs as Experts Analyze 2024 Airfare Trends
It seems that the aviation industry's incredible rise from the pandemic's lowest points is coming to an end. A thorough examination of many data reveals a tendency toward stabilization in multiple important indicators, indicating the end of fast expansion and the beginning of a new routine.
Jan 08, 2024 11:30 AM EST
Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape
The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.
Jan 08, 2024 10:28 AM EST
Trading Bitcoin Without the Hassle? ETFs Offer Easy Access, But Watch Out for Costs
The Securities and Exchange Commission is presently reviewing 13 spot Bitcoin (CRYPTO: BTC) ETFs before approving them.
Jan 08, 2024 6:44 AM EST
Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger
A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.
Jan 07, 2024 9:17 PM EST
SEC Approval of US Spot Bitcoin ETFs Possible Next Week After 13 Companies Submitted Applications
Discover the latest developments in the cryptocurrency landscape as 13 companies await SEC approval for U.S. spot Bitcoin ETFs. Here's what you need to know.
Jan 06, 2024 4:00 AM EST
Top High-Yield Dividend Stocks in 2024 Poised to Generate $10,000 in Annual Passive Income
Discover a robust investment strategy designed for financial success and stability with this potential of 4 high-yield dividend stocks for 2024.
Jan 06, 2024 3:43 AM EST
US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns
U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.
Jan 04, 2024 10:20 AM EST
National Debt Drowns in Record $34 Trillion, Congress Squabbles Over Lifeline
With the gross national debt of the federal government at above $34 trillion, it is a record level that portends political and economic obstacles to improving America's balance sheet in the years to come.
Jan 04, 2024 9:46 AM EST
SpaceX Blasts Critics into Unemployment, But Labor Agency Says It's Illegal
A U.S. labor agency accused rocket and satellite manufacturer SpaceX on Wednesday of forcibly terminating eight workers for distributing a letter denouncing founder and CEO Elon Musk as a "distraction and embarrassment."
Jan 04, 2024 5:46 AM EST
Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears
Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.
Jan 03, 2024 9:50 AM EST
U.S. Trade Protection Efforts Face Hurdles as Maersk Cites Security Concerns on Key Route
Even with attempts to shield commercial vessels from assaults by Iranian-backed Houthi insurgents headquartered in Yemen, there is still a significant risk to international trade in the Red Sea.
Jan 03, 2024 9:10 AM EST
National Average Gas Price Dips Under $3 for the First Time This Year
Lower gasoline prices could aid individuals in recuperating from excessive holiday spending. Lower gasoline prices could aid individuals in recuperating from excessive holiday spending.
Jan 03, 2024 8:24 AM EST
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