The Fed is expected to hold rates steady next week, but its guidance will be key for investors
Wall Street will be looking for policy clues in the post-meeting statement beyond the decision.
Instacart aims for valuation of up to $10 billion in upcoming IPO
Grocery delivery platform Instacart raised its initial price range to between $28 and $30 per share in a regulatory filing Friday.
These bonds offer high yields for taking on hurricane and other disaster risks
Catastrophe bonds are expected to hit a record issuance this year and can rake in income above 13%.
There’s one Wall Street investment bank that’s not buying the AI hype
Excitement around artificial intelligence has dominated 2023, but not everyone on Wall Street is acknowledging the near-term hype.
Planet Fitness shares sink after board ousts CEO in shocking move
CEO Chris Rondeau has been been with Planet Fitness for more than three decades.
Europe stocks close higher after ECB hints at peak rates; luxury climbs on China sales data
European markets closed slightly higher on Friday as traders reacted to the European Central Bank’s suggestion that its latest hike may be its last.
The meme stock mania is now a movie. Here’s what has happened to GameStop and AMC
Here’s how far the stocks have fallen since the meme stock moment shown in the new movie “Dumb Money.”
Shipping giant Maersk is seeing tentative signs of a bounce back in global trade
There are tentative signs of a bounceback in global trade, according to the CEO of shipping titan Maersk.
Yum China says tech investments let it open more stores without needing more staff
Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC.
Arm’s second trading day is more subdued, but valuation still tops $60 billion
Arm began trading Thursday with shares in its blockbuster IPO priced at $51 each, valuing the company at about $54.5 billion.
