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Starz Entertainment, Lionsgate Studios Rise Following Separation
Lions Gate Entertainment, which bought Starz in 2016, said in December 2023 that it would separate its studios business and merge it with Screaming Eagle Acquisition, a special-purpose acquisition ...
Edgewell to sell less Hawaiian Tropic, Banana Boat as consumers travel less
Consumer-brands company Edgewell cut its full-year outlook, saying sales of sunscreen products are set to decline as people ...
Lottery.com Plans to Acquire Concerts.com and TicketStub.com for $10M
Lottery.com intends to acquire Concerts.com and TicketStub.com for $10 million. The company said Wednesday it has signed a letter of intent to acquire a majority stake in DotCom Ventures, the owner of ...
Apple cut share buybacks and its stock took the hit. Here’s what sellers are missing.
Investors unfairly punished Apple’s stock last week after the company announced it was reducing its buyback program to $100 ...
Now there’s one more reason for stock investors to ‘sell in May and go away’
You may want to consider following the old stock-market adage to “sell in May and go away,” after all.
Stocks hold gains in final hour of trading, as Powell says Fed in no hurry to cut rates and Trump comments not driving decisions
The Dow Jones Industrial Average and the S&P 500 were holding up their gains in the final hour of trading Wednesday, with Federal Reserve Chair Jerome Powell's postmeeting press conference underway.
Powell: Trump criticisms don’t affect how the Fed does its job ‘at all’
Federal Reserve Chair Jerome Powell, in response to a question, said criticism by President Donald Trump — who has repeatedly called on policymakers to cut interest rates — isn't a factor in the ...
Dollar jumps as Powell insists Fed is still in ‘wait and see’ mode
U.S. stocks have been seesawing since the start of Wednesday's Federal Reserve press conference. The U.S. dollar, meanwhile, has been moving in a straight line higher. The ICE U.S. Dollar Index was up ...
Possible to imagine scenarios in which Fed does or doesn't cut rates in 2025: Powell
Federal Reserve Chair Jerome Powell, in response to a question at his press conference Wednesday, said it's possible to imagine scenarios in which it would be appropriate for the central bank to cut ...
Job market needs to weaken before Fed resumes easing, says Goldman’s Ashish Shah
The Fed remains in a “holding pattern” amid uncertainty surrounding the impact of tariffs on the economy, with “the odds skewed towards” keeping interest rates at the current level at its June policy ...
Fed's statement makes clear effort to avoid mentioning Trump's tariffs, economist says
The Federal Reserve's policy statement Wednesday shows "very neat work for an outfit trying to avoid touching the third rail of Trumpian politics," said Chris Low, chief economist at FHN Financial, in ...
Higher inflation, higher unemployment already 'baked into the cake,' BMO economist says
Even if President Trump walks back some of his tariffs, an environment of higher inflation and higher unemployment has already been "baked into the cake," said Scott Anderson, BMO's chief U.S.