Danish offshore wind energy giant Orsted announced Thursday plans to cut 2,000 jobs, or a quarter of its workforce, by 2027 as its business struggles in the United States. The company said it needed ...
Pretty dreadful in the first half, until a solid drive late in the second quarter cut a 14-0 deficit in half. Until then, it was a lot of the same operational problems: delay penalties, false starts ...
Stablecoins just posted their biggest quarter on record, with an estimated $45.6 billion to $46.0 billion in net creations in Q3. That’s a 324% jump from Q2’s $10.8 billion and a clear sign that fresh ...
Just 22% of U.S. consumers plan to spend more this holiday season, and 27% expect to spend less, according to a national survey from Experian in conjunction with ad platform GroundTruth. Nearly 40% of ...
The Bank of Japan will scale back purchases of super-long bonds in a move that risks deepening losses in the nation’s longest-dated debt. The central bank will buy ¥345 billion ($2.3 billion) of notes ...
Cryptocurrency bettors held back from lofty Bitcoin (CRYPTO: BTC) projections despite the Federal Reserve's quarter-point rate cut last week. As of this writing, the odds on the apex cryptocurrency ...
Shares of Steelcase Inc. fell after hours on Wednesday, after the office-furniture maker’s second-quarter outlook disappointed investors, amid weaker demand from its government customers and in Europe ...
The Federal Reserve cut interest rates this week for the first time in nine months, shaving a quarter point off its benchmark rate. For real estate, the move lands somewhere between relief and ...
White House National Economic Council Director Kevin Hassett cheered the Federal Reserve's decision to cut its benchmark interest rate by 25 basis points, calling the move "a good first step in the ...
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