Tag: NYSE:BX
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…
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Thursday’s Wall Street Highlights: PPI, Disney, Robinhood, Unity Software, Shell and more
US Index Futures were mixed with investors saying the Federal Reserve is likely to halt interest rate hikes due to inflation data cooling, as investors look further into economic data, the Producer Price Index and Initial jobless claims. By 8:40 AM, Dow Jones futures were down 110 points, or 0.33%. S&P 500 futures were down 0.05%,…
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Global Banks Shift to Eurozone, Ikea Invests Big in US, AT&T’s Postpaid Phone Slowdown
Ikea Invests Big in US Ikea is investing €2bn into the US market, its largest investment in a single country. The company plans to open eight new large stores and nine smaller planning studios and order points over the next three years. By doing so, Ikea hopes to take advantage of the current economic downturn…
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Russia Exports Ban Proposal, Bank Failures Slow Borrowing, China’s Benchmark Rates Steady
Russia Exports Ban Proposal Ukraine’s key allies, including the US, are considering an outright ban on most exports to Russia, as they aim to tighten economic pressure on President Vladimir Putin’s war. Group of Seven officials are discussing this idea ahead of a leaders summit in Japan, intending to include European Union member states in…