The United States Commerce Secretary Gina Raimondo stated during an official visit to Manila on Monday that American businesses are expected to announce investments totaling more than $1 billion in the Philippines.

Mar 12, 2024 05:08 AM EDT

For those who might have missed the memo, Cardano is a blockchain platform for smart contracts. Think of it as Ethereum's brainy cousin. It's built on a proof-of-stake consensus algorithm, which is essentially a more eco-friendly way of validating transactions compared to Bitcoin's energy-guzzling proof-of-work method.

Mar 11, 2024 12:37 PM EDT

Pfizer is prepared to move on from Covid. Following a challenging year characterized by the sharp drop of its Covid business, the company is now placing its bets on cancer medications to help it regain its footing.

Mar 11, 2024 04:43 AM EDT

Due in large part to increased demand for its better product offerings at its Old Navy and namesake brands throughout the Christmas season as well as smaller markdowns, Gap exceeded Wall Street estimates for its fourth-quarter earnings on Thursday. In extended trading, the company's shares increased 4% to $20.05.

Mar 08, 2024 08:40 AM EST

Federal Reserve Chair Jerome Powell reaffirmed his anticipation of interest rate decreases later this year but refrained from specifying a timeline during his appearances on Capitol Hill on Wednesday and Thursday.

Mar 07, 2024 09:44 AM EST

There's a chance that two major chain restaurants in America will merge shortly. According to a business earnings call last week, Applebee's and IHOP, both owned by Dine Brands Inc., may soon have dual-branded locations that share a back-of-house and a mixed front-of-house.

Mar 07, 2024 07:23 AM EST

As yet another partial shutdown danger approaches, the Republican-controlled U.S. House of Representatives enacted legislation on Wednesday that funds a large portion of the federal government through the fiscal year that began in October.

Mar 07, 2024 05:52 AM EST

After witnessing its shares fall more than 80% this year, the troubled New York Community Bancorp said on Wednesday that it had received a lifeline of more than $1 billion from a consortium of investors.

Mar 07, 2024 05:28 AM EST

Ukraine's fight is America's fight. "The preservation of the sacred fire of liberty" is an American obligation.

Mar 07, 2024 12:41 PM EST

The million-dollar question, or should I say, the $6.5 billion question is - should you buy Reddit stock? As an investor, I've learned that answering this question requires a careful analysis of the company's fundamentals and growth prospects.

Mar 06, 2024 12:54 PM EST

Tuesday saw a decline in Tesla stock as a result of the automaker's Gigafactory in Berlin having to suspend operations due to an alleged arson assault at a nearby electrical substation.

Mar 06, 2024 09:22 AM EST

Tuesday saw a new high for gold as momentum-driven investors continued to boost the precious metal's price due to increased expectations of U.S. monetary easing and ongoing geopolitical danger.

Mar 06, 2024 04:08 AM EST