After years of high inflation and a looming recession that never quite happened, Americans are suddenly much more optimistic about the economy. Positive sentiment about the economy has surged by 29% since the beginning of December — the largest two-month increase since 1991, according to the closely watched University of […]
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Elon Musk says first Neuralink patient can control a computer mouse through thinking
Jonathan Raa | Nurphoto | Getty Images A patient implanted with Neuralink’s brain technology can now control a computer mouse just by thinking, the company’s founder Elon Musk said. “(The) patient seems to have made a full recovery with no ill effects that we are aware of and is able […]
Home Depot beats earnings, sales estimates even as consumers take on smaller home improvement projects
The logo of U.S. home improvement chain Home Depot is seen in Mexico City, Mexico January 15, 2020. Luis Cortes | Reuters Home Depot on Tuesday said quarterly sales declined nearly 3% year over year, but it surpassed Wall Street’s earnings and revenue expectations despite the cooler demand. The home […]
Barclays jumps 5% after announcing major strategic overhaul
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on Tuesday reported […]
Barclays jumps 6% after announcing major strategic overhaul
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on Tuesday reported […]
Airbus says competition from China’s Comac C919 is ‘not going to rock the boat’
A commercial Aircraft Corp of China (Comac) C919 aircraft operated by China Eastern Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty Images SINGAPORE — China’s homegrown airliner may be the latest challenger to Airbus and Boeing’s passenger jets, but an executive […]
Workers without degrees are not getting as many good job offers as it seems
Many of the market’s top companies with the largest workforces in the nation are touting degreeless jobs and actively removing degree requirements from more job postings. The idea of hiring based on skill rather than completion of college education for certain roles has become more prevalent at a time when […]
China boosts property funding with first cut in key loan rate since June
A staff member counts Chinese Yuan at a bank’s personal finance business service area in Haian, East China’s Jiangsu province, Sept 15, 2023. CFOTO | Future Publishing | Getty Images China’s lenders cut the country’s benchmark five-year loan prime rate for the first time since June, extending Beijing’s efforts to […]
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
(L) Oil pumpjacks and (R) gold bars Getty Images Gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the next 12 to 18 months subject to any one of three possible catalysts, according to Citi. Gold, which is currently trading at $2,016, could surge […]
Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal
Sopa Images | Lightrocket | Getty Images Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49. […]