Wall Street has been lurching down and up for weeks as traders tear up their forecasts for what the Fed will do with interest rates in 2025. A further easing would boost the U.S. economy and prices for investments, but it could also give inflation more fuel.
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan’s benchmark Nikkei 225 added 0.2% to 38,532.18.
SEATTLE — SEATTLE — Accolade, Inc. (ACCD) on Friday reported a loss of $121.3 million in its fiscal third quarter. On a per-share basis, the Seattle-based company said it had a loss of $1.50. Losses, adjusted for asset impairment costs, were 30 cents per share.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
NEW YORK — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
UnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization surprised Wall Street
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Former UFC champion Conor McGregor is being sued by a woman who accused him of sexual assault but was unable to get authorities to file charges in 2023.
In a letter, more than 400 employees asked Mr. Bezos, the company’s owner, to meet, saying they were “deeply alarmed” by recent decisions at the paper.
U.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies.
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Seattle Public Utilities (SPU) and Seattle Department of Transportation (SDOT) worked to repair a road and the surrounding area after a water service line broke and caused a collapse, according to a news release. The incident occurred at Airport Way South and South Lander Street intersection on Tuesday, January 16.