The Producer Price Index (PPI) for final demand slipped 0.1% in August, offering the Federal Reserve fresh leeway to consider lowering interest rates at its meeting later this month. The decline marked a sharp contrast with Wall Street expectations, which had pointed to a 0.3% monthly increase, according to economists polled by Reuters. ...

The Vanguard S&P 500 Index (VOO) and the SPDR S&P 500 Index (SPY) ETFs have surged this month and are hovering at their all-time highs, helped by the ongoing demand for equities ahead of the US inflat... ...

Klarna Group PLC will make its Wall Street debut on Wednesday with strong investor appetite driving its initial public offering (IPO) above expectations. The financial-technology company priced its sh... ...

Oracle shares surged by more than 31% in premarket trading on Wednesday after the enterprise software company revealed its cloud backlog had ballooned to $455 billion, and forecast booked revenue from... ...

Oracle stock price is firing on all cylinders as the company becomes one of the biggest players in the AI industry. ORCL jumped by 28% to $310, adding over $190 billion in value. ...

Dow futures dipped slightly Wednesday morning as traders waited nervously for producer price inflation data that could influence the Federal Reserve's next rate decision. The PPI report has Wall Street on edge after major indexes hit record highs recently. ...

Gold and crude oil prices extended gains on Wednesday, with copper prices remaining largely unchanged from the previous close. Silver prices jumped by more than 1% on Wednesday as the metal flirted w... ...

The Ocado share price continued its strong downward trend, turning one of the top UK companies into a fallen angel. After soaring to a record high of 2,913p in 2020, it has plunged to 306p. ...

Novo Nordisk, the Danish pharmaceutical giant behind the obesity drug Wegovy, said on Wednesday it will cut about 9,000 jobs globally in a major restructuring effort, aiming to save 8 billion Danish c... ...

The recent decision of the Organization of the Petroleum Exporting Countries and allies to boost production further in October likely increases the downside risks for global oil prices, according to C... ...