Finance

Fed set to make its first rate cut of 2025

Fed set to make its first rate cut of 2025

The Federal Reserve is widely expected to trim its benchmark interest rate by a quarter percentage point on Wednesday afternoon, while giving investors new clues about how many more cuts could oc...

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StubHub Raises $800 Million From IPO, Stock Set to Begin Trading Today

StubHub Raises $800 Million From IPO, Stock Set to Begin Trading Today

Jaque Silva / NurPhoto via Getty Images StubHub’s deal is coming to a booming market for IPOs. StubHub has raised $800 million from its initial public offering after pricing the de...

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Manchester United posts sixth year of net loss, forecasts revenue dip

Manchester United posts sixth year of net loss, forecasts revenue dip

(Reuters) -Manchester United reported an annual net loss for the sixth consecutive year on Wednesday and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financia...

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Ticket marketplace StubHub to see if its stock is the right price for Wall Street

Ticket marketplace StubHub to see if its stock is the right price for Wall Street

NEW YORK (AP) — StubHub is set to enter the public arena Wednesday after the ticket marketplace priced its initial public offering at $23.50 per share. The company’s shares will trade on th...

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Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs

Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs

By Anmol Choubey (Reuters) -Deutsche Bank raised its gold price forecast by $300 for next year to an average of $4,000 per ounce on Wednesday, due to strong central bank demand, potential U.S. dol...

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