Finance

BC-Merc Table

BC-Merc Table

CHICAGO (AP) — Early trading on the Chicago Mercantile Exchange Tuesday: Open High Low Last Chg. Oct 25 237.15 237.88 236.08 236.15 -1.00 Dec 25 240.20 2...

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Brazil’s WEG to invest $77 million to boost US plant capacity due to AI demand

Brazil’s WEG to invest $77 million to boost US plant capacity due to AI demand

By Fabio Teixeira (Reuters) -Brazilian motor maker WEG will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant’s pro...

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Fed’s Goolsbee, on CNBC, says Fed has room to cut rates

Fed’s Goolsbee, on CNBC, says Fed has room to cut rates

(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said Tuesday if inflation cools off the central bank has some space to cut its interest rate target. “I think eventually, at a ...

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Disney should shut down ABC and transfer content to streaming, brokerage says

Disney should shut down ABC and transfer content to streaming, brokerage says

(Reuters) -Walt Disney should shut down the ABC network rather than sell it and transfer the channel’s content to its streaming platforms to lower regulatory risks and unlock higher valuatio...

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Revolut weighs buying US bank in global expansion push, executive says

Revolut weighs buying US bank in global expansion push, executive says

By Tommy Reggiori Wilkes LONDON (Reuters) -Britain’s Revolut said on Tuesday it was exploring buying a U.S. bank to accelerate its global expansion and was eyeing launching credit cards in i...

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Dow, S&P 500, Nasdaq hold near record highs with Powell on deck

Dow, S&P 500, Nasdaq hold near record highs with Powell on deck

US stocks held steady on Tuesday after another record-setting day, as Wall Street waited for the first speech from Chair Jerome Powell since the Federal Reserve started cutting interest rates agai...

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