BofA drops blunt warning about Fed rate cuts
BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated…
Tag: cuts
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average…
Italian Government Convenes Talks on Planned Electrolux Job Cuts
Italy’s government will hold talks with labor unions and regional officials to discuss Electrolux AB’s plan to eliminate about 1,700…
Breitling Cuts Jobs as Swiss Franc and Luxury Slump Hit Results
Breitling AG is laying off dozens of employees as the Swiss watchmaker, whose models include the pilot-focused Navitimer, grapples with…
Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Narendra Modi, India’s prime minister, speaks during a joint press statement with Lawrence Wong, Singapore’s prime minister, not pictured, at…
Wall Street assesses latest AI-linked job cuts
Executives are increasingly citing AI as a reason for layoffs. Wall Street strategists say it may be too early to…
Trump Rejects Iran Proposal, CSL Cuts Profit Target
Get caught up. www.bloomberg.com #Trump #Rejects #Iran #Proposal #CSL #Cuts #Profit #Target
With food benefit cuts looming in the US, Californians eye billionaire tax | US Midterm Elections 2026
San Francisco, United States – Greer Dove’s days are packed with studying business and finance, as well as doing administrative…
SoftBank cuts target for OpenAI margin loan, Bloomberg News reports
May 8 (Reuters) – SoftBank Group has downsized plans for a $10 billion margin loan backed by its OpenAI stake…
Goldman Sees Fed Cuts Delayed to December, March on Inflation
Goldman Sachs said it pushed back expectations for the US Federal Reserve’s next two rate cuts by one quarter to…