Mar 3, 2024 | Markets
Fortescue tipped for biggest earnings decline among peers Shares have faltered recently after months-long climb Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and...
Mar 3, 2024 | Markets
Premier Li Qiang will deliver government work report at NPC Investors will scrutinize policy priorities as economy falters China is set to announce its 2024 growth target and outline its strategy for supporting the slowing economy at the nation’s most high-profile...
Mar 3, 2024 | Markets
More than 40% of all US mortgages were originated in 2020 or 2021, when the pandemic drove borrowing costs to historic lows and triggered a refinancing boom, according to data from Black Knight. That’s good news for all the homeowners who locked in cheap loans — but...
Mar 2, 2024 | Markets
Company may file for Chapter 11 as soon as next week Fabrics chain has been in talks with lenders for new cash Crafts retailer Joann Inc. is considering a bankruptcy filing as soon as next week as part of a deal that would hand control of the company to lenders while...
Mar 2, 2024 | Markets
Inflation remains elevated in the US and euro-zone, supporting assertions from central bankers in both regions that it’s too soon to start cutting interest rates. The Federal Reserve’s preferred gauge of underlying inflation rose in January by the most in a year,...
