Hewlett Packard Enterprise in Talks to Acquire Juniper Networks for $13 Billion
According to a source familiar with the negotiations, Hewlett Packard Enterprise is in talks to acquire Juniper Networks , valuing the network gear manufacturer at around $13 billion.
Jan 09, 2024 4:40 AM EST
Global Markets Poised for Expansion, Says Goldman Sachs, Citing AI and Green Tech
Peter Oppenheimer, Head of Macro Research at Goldman Sachs in Europe, says artificial intelligence and decarbonization are driving the world economy into a new "super cycle" and stressed the evident shift towards this revolutionary stage of the economy.
Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape
The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.
US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns
U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.
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Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears
Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.
Jan 03, 2024 9:50 AM EST
2024 Bids Farewell to Old Ways, Reshapes Investment Landscape
Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.
Jan 03, 2024 6:41 AM EST
Wall Street Slump Sparks Rush for Stability After 2023 Boom
Wall Street on Tuesday gave back some of its significant gains from the previous year due to a poor start to 2024.
Jan 02, 2024 8:07 PM EST
Fab Four: These Undervalued Gems Could Be the 2024 Market Leaders
The true question, though, is whether the "Magnificent Seven"will continue to dominate the industry in 2024, or may other equities take the lead in 2024?
Jan 02, 2024 8:56 AM EST
Fed Pivot Calms Junk Bond Jitters, But Concerns Remain Over Debt Sustainability
The market for junk debt is thriving because to investor expectations that the Federal Reserve would begin lowering interest rates. This will also help the lowest-rated corporations in a timely manner and probably cap the default rate in 2024.
Jan 02, 2024 8:42 AM EST
The Best of Money Times 2023
Welcome to "The Best of Money Times 2023," a curated compilation that highlights the most insightful, intriguing, and influential financial news and analyses of the year. In this comprehensive overview, we navigate through the dynamic landscape of global finance, covering a myriad of topics ranging from economic trends and market dynamics to investment strategies and corporate developments.
Dec 30, 2023 11:22 PM EST
Falling Rates Revive Buyer Optimism, Fueling Housing Market
This week's mortgage rates are down one further, to their lowest point since May. This week's mortgage rates are down one further, to their lowest point since May.
Dec 29, 2023 12:10 PM EST
S&P Squeezes Out Tiny Gains, Hinting at Fragile Bullish Recovery
On the last trading day of 2023, the S&P 500 retraced its early gains and settled marginally higher on Thursday.
Dec 29, 2023 4:23 AM EST
Red Sea Ripples Rock Oil Markets: Prices Slump Nearly 2% on Edgy Investors
Wednesday saw an almost 2% decline in oil prices, offsetting the gains of the previous day as investors kept an eye on events in the Red Sea, where merchants are returning after further attacks on Tuesday.
Dec 28, 2023 7:37 PM EST
U.S. Dodges Recession in 2023, But Experts Warn of Challenges in 2024
Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialized.
Dec 27, 2023 9:17 AM EST
Santa Rally Turns Sleigh Swerve? Economic Jitters Threaten High-Flying Market
The Federal Reserve is getting closer to its target of getting inflation back to 2%, according to inflation figures released on Friday. This puts the central bank on the path to lowering interest rates.
Dec 26, 2023 9:23 AM EST
Stringent Laws Put Vaping Businesses on Thin Ice
There is a reckoning coming for the vaping industry. Concerned about the growth in youth vaping and nonsmokers developing addictions, governments are moving to prohibit the sale of disposable vaporizers.
Dec 26, 2023 4:59 AM EST