By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stu[...]
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March 22, 2024
Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute
By John Kruzel WASHINGTON (Reuters) – President Joe Biden’s administration on Friday urged the U.S. Supreme Court to turn away billionaire businessman Elon Musk’s dispute with the Se[...]
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UnitedHealth unit will start processing $14 billion medical claims backlog after hack
By Leroy Leo (Reuters) -UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disr[...]
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US to boost scrutiny of United Airlines after safety incidents
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) – United Airlines said late Friday that U.S. safety regulators will boost scrutiny of the airline after a series of recent[...]
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Fed’s Bostic scales back to single rate cut on inflation concerns
ATLANTA (Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year instead of the two he had projected, citi[...]
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Canada regulator to cap number of mortgages to highly indebted borrowers
OTTAWA/TORONTO (Reuters) -Canada’s banking regulator on Friday said lenders will have to limit the number of mortgage borrowers with highly leveraged loans in their portfolios as Canadians grapp[...]
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B. Riley gets Nasdaq warning after annual report delay
(Reuters) – Nasdaq has notified B. Riley Financial of non-compliance with the exchange operator’s listing rules due to a delay in the filing of its annual report, the boutique investment b[...]
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Global stocks catch breath after record-breaking week
By Alden Bentley and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Profit-taking capped global stock markets on Friday after a week of record-setting advances fueled by a series of dovish central bank[...]
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Nike, Lululemon sink as annual forecasts disappoint
By Savyata Mishra (Reuters) -Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Ath[...]
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