The US Federal Reserve announced on Wednesday its decision to cut the benchmark interest rate by 25 basis points, from 4.50% to 4.25%, in a move that was broadly in line with market expectations. ...

The Bank of England on Thursday published the voting details on UK interest rates at the conclusion of its September 18 meeting, showing seven members voted to keep rates unchanged, while two members voted in favor of a 25-basis-point cut. The outcome diverged from market expectations, which had pointed to an 81 split in favor of holding rates steady. This...

Borrowing costs began to ease for some Canadians on Wednesday after the Bank of Canada announced its first interest rate cut since March, lowering its overnight policy rate by 25 basis points, from 2.75% to 2.5%. Commercial lenders, such as private banks, base their own lending rates on the central banks benchmark rate. The Bank of Canada pointed to a...

The massive surge in energy demand from data centers is driving an all options on the table approach to energy security. The AI boom is pushing investments toward alternative energy sources that were previously overlooked and underfunded, including geothermal energy. While this carbon-free source currently makes up just 0.4% of the US energy mix, many experts believe it is poised...

* Futures: Dow down 0.05%, S&P 500 up 0.06%, Nasdaq up 0.09% * Fed's Barr: tariffs to boost inflation, slow growth this year * Lyft ( LYFT ) up after boosting stock buyback program, Q1 profit beat * Expedia ( EXPE ) falls after soft US travel demand leads to revenue miss (Updates with Fed Barr's comments, Trump's comments on...

08:59 AM EDT, 05/09/2025 (MT Newswires) -- Health care stocks were steady premarket Friday with the Health Care Select Sector SPDR Fund (XLV) up 0.2% and iShares Biotechnology ETF (IBB) recently inactive. Iovance Biotherapeutics ( IOVA ) shares fell nearly 36% after the company lowered its 2025 product revenue guidance. The company also posted a wider Q1 loss and lower...

08:56 AM EDT, 05/09/2025 (MT Newswires) -- Technology stocks rose premarket Friday with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) 1.3% higher recently. Lyft ( LYFT ) shares were up nearly 10% after the company reported its Q1 swung to earnings as revenue rose during the period. ...

08:14 AM EDT, 05/09/2025 (MT Newswires) -- US stock futures were higher in premarket activity Friday after US President Donald Trump posted on Truth Social that an 80% tariff on China seems right! The Dow Jones Industrial Average futures were up 0.2%, S&P 500 futures edged up 0.3%, and Nasdaq futures gained 0.3%. Oil prices were surging higher with front-month...

Progress Software ( PRGS ) is set to give its latest quarterly earnings report on Tuesday, 2024-03-26. Here's what investors need to know before the announcement. Analysts estimate that Progress Software ( PRGS ) will report an earnings per share (EPS) of $1.14. Progress Software ( PRGS ) bulls will hope to hear the company announce they've not only beaten...

Investors with a lot of money to spend have taken a bullish stance on Accenture ( ACN ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...

Amphenol ( APH ) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2...

Microsoft Corp. ( MSFT ) has reportedly reached an agreement with Crash Bandicoot developer, Toys for Bob, for the studio's next game. Toys for Bob -- also known for titles like Skylanders and the Spyro Reignited Trilogy --announced plans to become an indie developer, separate from Microsoft ( MSFT )-owned Activision. The studio hinted at a potential partnership with Microsoft...

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

08:48 AM EST, 03/03/2025 (MT Newswires) -- Microchip Technology ( MCHP ) is reducing its headcount by roughly 2,000 employees across various units and support groups, the company said in a regulatory filing Monday. The company said it expects the job cuts to be fully implemented by the end of the June quarter. Microchip said its previously announced closure of...

08:54 AM EST, 03/03/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.9% higher recently. Capri Holdings ( CPRI ) is nearing a deal to sell Versace to Prada for nearly 1.5 billion euros ($1.56 billion), Bloomberg reported over...

08:48 AM EST, 03/03/2025 (MT Newswires) -- Gorilla Technology Group ( GRRR ) said Monday it signed a $1.8 billion agreement to lead a 15-year project to modernize Thailand's power grid using artificial intelligence. The software developer said the project will use a performance-based financial model rather than traditional milestone payments, aligning funding with efficiency improvements and cost savings. Gorilla...

08:50 AM EST, 03/03/2025 (MT Newswires) -- Dynacor Group ( DNGDF ) on Monday announced its preliminary 2025 outlook, which includes a 27% increase in sales at the midpoint of a range. The company, an industrial ore processing company producing gold sourced from artisanal miners, is forecasting sales of US$345 million to US$375 million and production of 120,000 to 130,000...

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

The crypto industry has been focussing hard on making the business more environment friendly.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy