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Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source
Congress Ended a Tax Break. How That May Help Higher Earners
Some people are being pushed into saving in Roth 401(k)s, but they may come out ahead despite losing a key tax deduction. Source link
Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
The streaming giant booked its strongest-ever quarter for user growth. Source link
KeyCorp second-quarter profit halves on higher loan loss provisions By Reuters
© Reuters. The logo Key Corp. is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S.,
Citi ‘clearly’ benefiting from higher rates, says Odeon By Investing.com
© Reuters. Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Carnival, Citigroup, UnitedHealth, and Casey’s
M&T Bank beats profit estimates as higher rates boost interest income By Reuters
© Reuters. FILE PHOTO: Midtown Manhattan office buildings are reflected on the glass of an M&T Bank branch in New York August 27, 2012. REUTERS/Brendan
BNY Mellon beats second-quarter profit estimates on higher rates By Reuters
© Reuters. FILE PHOTO: The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York’s financial district March 11,
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link