Oct 28, 2025 | Markets
United Parcel Service Inc. shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year. The cuts to its permanent operational workforce — a group that includes drivers and package handlers — marked a 70%...
Oct 28, 2025 | Markets
Rogo says its AI platform helps make investment bankers’ work faster and smarter Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies Inc., a startup developing artificial intelligence tools to make bankers more...
Oct 25, 2025 | Markets
If your next deli sandwich seems a bit short on lunchmeat, you’re probably not imagining it. Consumer prices for lunchmeats rose 4.2% in September, the largest monthly increase on record, far outpacing the 0.3% rise in broader grocery costs, according to the Bureau of...
Oct 25, 2025 | Markets
Moody’s Ratings cut France’s credit outlook to negative from stable, adding to warnings on the country’s bloated public finances as a weakened minority government struggles to pass a budget. “The decision to change the outlook to negative reflects the increased risk...
Oct 24, 2025 | Markets
With the S&P 500 Index breaking out to record highs, at least one firm is advising its clients to reduce exposure to US stocks and seek bargains abroad. Ned Davis Research downgraded its view on US equities to underweight — the equivalent of a sell rating. At the...
