European stocks to open higher as Fed rate cut expectations rise; UK budget ahead
European stocks are expected to open higher across the spectrum as expectations rise that the U.S. Federal Reserve will cut interest rates in December.
Taiwan’s President Lai lashes out against Beijing, pledging $40 billion in additional defense budget
Beijing considers democratically governed Taiwan as its own territory and regards its reunification with the mainland “a historical inevitability.” Taiwan rejects those claims.
Amazon faces FAA probe after delivery drone snaps internet cable in Texas
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries.
Australia’s consumer inflation accelerates to 3.8% in October, beating estimates
The largest contributor to consumer inflation was the housing sector that saw price growth of 5.9%, driven by higher costs in electricity, rents and new dwellings.
India’s $33 billion defense production ambition is on track. Here are the stocks that stand to gain
Investors are bullish on India’s defense ambitions as the country seeks to double its production and exports.
Manhattan condo values fell over the past decade. Here’s why rents are still rising
More wealthy New Yorkers are choosing to rent as condos lose value in Manhattan.
Asia-Pacific markets set to track Wall Street gains on rising Fed rate-cut expectations
Overnight, key U.S. indexes rose on growing hopes for a U.S. Federal Reserve rate cut next month.
Stock futures are little changed after Dow notches third winning session: Live updates
Investors continue to monitor catalysts that could affect the Federal Reserve’s next interest rate move.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
All three major U.S. indexes scored a third straight winning session on Tuesday as investors grew more optimistic that the Federal Reserve might cut rates.
Workday stock slips on light quarterly margin guidance
Workday shares slid more than 5% in extended trading Tuesday after the company issued quarterly margin guidance that came in below Wall Street projections.