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Citadel Securities seeks to establish brokerage in China

Investing.com — Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a…
Investing

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about…
Investing

There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in…
Investing

Disney wins the 2024 box office as year-end receipts offer a welcome boost

Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down…
Economy

Fed not anticipated to cut rates before June after easing inflation data, UBS says

Investing.com – The Federal Reserve is not anticipated to slash interest rates again before June following a softer-than-anticipated core inflation reading earlier this…
Economy

China to investigate US subsidies to mature node chips

BEIJING (Reuters) -China will launch an investigation into U.S. government subsidies to its semiconductor sector at the request of China’s mature node…
Economy

U.K. government bond yields rise following slow GDP growth

Investing.com — The yields on U.K. government bonds have seen an increase following the revelation of slow GDP growth in November and…
Economy

Insight: How bond vigilantes could check Trump’s power

By Lawrence Delevingne, Yoruk Bahceli, Davide Barbuscia and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – When Bill Clinton began his first term as…
Economy

US announces $1.4 billion support for next-generation semiconductor advanced packaging

(Reuters) – The U.S. Department of Commerce on Thursday announced $1.4 billion in final awards to support the next generation of semiconductor…
Stock

Pharma digs in on changes it wants from Trump administration

By Deena Beasley SAN FRANCISCO (Reuters) – The pharmaceutical industry, grappling with new government limits on drug prices, is focusing its requests…
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