Fed Adopts Cautious Approach to Interest Rate Cuts, Meeting Minutes RevealKey Highlights:* The Federal Reserve is cautiously reducing its benchmark interest rate to support economic stability without ...
Shein and Temu Expand Into Toy Market Amid Counterfeit ConcernsFast-growing e-commerce platforms Temu and Shein are making significant moves into the toy market as Black Friday approaches, competing w...
CBN Sets New $100,000 Minimum for FX Transactions ??The Central Bank of Nigeria (CBN) has introduced fresh guidelines for interbank foreign exchange (FX) trading through the Electronic Foreign Exchang...
What to Expect in the Markets This WeekKey Takeaways1. The November employment report is due Friday, following earlier data on job openings and private-sector employment. Investors will also monitor m...
OpenAI Offers $1.5 Billion Tender Deal to SoftBank, Letting Employees Cash Out SharesKey PointsOpenAI employees can sell $1.5 billion worth of shares in a new tender offer to SoftBank, allowing them t...
Tesla Stock Hits Three-Year High as Morgan Stanley Raises Price TargetKey Highlights:Tesla's shares soared to their highest level in three years on Tuesday, fueled by a bullish outlook from Morgan Sta...
10 Essential Investment Terms Every Investor Should Know1. Weekend EffectThe weekend effect is a market phenomenon where stock returns on Mondays tend to be lower than the preceding Friday's returns. ...
Accenture Stock Rises as Earnings Beat Estimates and AI Drives GrowthAccenture (ACN) shares jumped 7% on Thursday after the company reported first-quarter earnings that surpassed expectations and rais...
Smaller Banks Face Daunting Recapitalization Challenges Amid New CBN Mandates Detailed Breakdown:Key Points from Analysts:• Pressure on Smaller Banks:Afrinvest Securities Limited has warned tha...
Citi Posts Strong Q4 Profit and Unveils $20B Stock BuybackCitigroup (C) reported better-than-expected fourth-quarter results, driving its shares up nearly 4% in pre-market trading on Wednesday.The ban...