Hottest U.S. inflation rate in almost 40 years brings sigh of relief in some corners of financial markets
The hottest U.S. consumer inflation reading in almost 40 years is bringing a surprising sigh of relief in certain corners of the financial markets, where some were expecting a headline…
Business News for Thursday, Dec. 9, 2021
Employees at a Buffalo-area Starbucks store have voted to form a union, making it the only one of the nearly 9,000 company-owned stores in the United States to be organized…
Wealth Enhancement Group Acquires Vivid Financial Management
Wealth Enhancement Group is acquiring Vivid Financial Management, a hybrid RIA based in central California with $674 million in client assets under management, the firm announced. The acquisition will push WEG’s…
ITC announces first-ever Institutional Investors and Financial Analysts Day on 14 December; analysts expect major announcements
ITC Limited stocks were in news on Thursday after the company informed the exchanges about an analyst and investor day, scheduled on 14 December. The news has already created a…
Stock futures edge up as investors await inflation data
Stock futures opened higher Thursday evening as investors awaited a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week. Contracts on the S&P…
SEC chair Gensler seeks tougher SPAC disclosure, liability rules
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14,…