The #usa_dollar fell on Thursday, except against the #yen, vacillating after data showed unexpected slowing in economic growth and an unwelcome inflation acceleration, potentially tying the #Federal Reserve’s hands on a pivot to easier interest rates. While the #dollar was hardly shaken against the beleaguered yen, it otherwise only popped briefly after the Commerce […]

  #Biden traveled to #Syracuse, #New_York, on Thursday and announced a preliminary agreement with memory chip maker #Micron Technology (NASDAQ:#MU) for up to $6.14 #billion in subsidies for two chip factories. The agreement signed by the #usaCommerce Department will fund facilities in New York and Idaho under the #2022 #CHIPS and Science Act, which aims

  #Snapbeat #Wall_Street’s expectations for quarterly revenue and user #growth on Thursday, as improvements to its advertising system delivered results faster than anticipated. Shares of #Snap spiked 25% to $14.32 in after-market trading. The owner of photo messaging #app #Snapchat has been working over the past year to improve how it targets ads to users

  The S&P 500 closed lower, but well off session lows Thursday as Meta cut come losses, though rising Treasury yields on #economic data showing slowing growth, but sticky inflation, forced #traders to push out bets on a first rate cut to December. At 16:00 ET (20:00 GMT), the #DowJones Industrial Average fell 375 points,

  #Emmanuel_Macron appealed on Thursday for stronger, more integrated #European defences and said the continent must not become a vassal of the #UnitedStates, as he outlined his vision for a more assertive #European Union on the global stage. With just three years left of his second and final term in office, and having lost his

the #usaSupreme Court hears arguments on Thursday on Donald Trump’s claim that he enjoys sweeping immunity from criminal prosecution for actions he took as president, a claim that has delayed by months a case accusing him of trying to overturn his 2020 defeat. Here is a look at why #Trump’s claims have delayed a trial

  #usaissuers and other firms expect the Securities and Exchange Commission to deny their applications to launch #exchange-traded funds (#ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said. #VanEck, ARK Investment Management and seven other issuers have filed with the SEC to list ETFs that

  #Hermes (HESAY (OTC:#HESAY)) reported its first-quarter revenue #results Thursday, reporting solid sales growth. The #French_luxury goods firm posted a quarterly revenue of €3.81 #billion, up 17% at constant #exchange_rates and 13% at current exchange rates. The company noted solid activity in all geographical areas. “The solid sales growth in the first quarter 2024 reflects

#usastock index futures fell Thursday, with heavyweight technology #stocks seeing renewed weakness after disappointing second-quarter guidance from #Facebook-owner Meta Platforms (NASDAQ:#META), ahead of the release of key growth data. At 06:25 ET (10:35 GMT), #DowJones Futures fell 130 points, or 0.3%, S&P 500 Futures fell 27 points, or 0.5%, and #Nasdaq 100 Futures slid 145 points, or 0.8%.  #Meta slumps, drags