The U.S. stock market saw a slight increase in evening trading as a result of lower interest rate expectations due to cooling consumer inflation in July. This trend was further reinforced by softer-than-expected inflation readings earlier in the week, which fueled speculation that the Federal Reserve would start cutting interest rates starting in September. Investors
Wall Street
Australia’s corporate regulator, ASIC, has filed a lawsuit against the Australian stock exchange operator, ASX Ltd, for allegedly making deceptive statements regarding the timeline for the replacement of its trading platform, Clearing House Electronic Subregister System (CHESS). ASIC claimed that ASX’s statements about the progress of the CHESS replacement project were misleading and deceptive, as
Republican presidential candidate Donald Trump’s highly anticipated interview with billionaire entrepreneur Elon Musk on the social media platform X hit a snag on Monday evening. Technical difficulties plagued the live stream, preventing many users from gaining access to the scheduled event. Musk, in a post on X, cited a massive DDOS attack on the platform,
The U.S. stock index futures were rangebound in the evening of Sunday, showing some level of stability after experiencing wild swings the previous week. Despite initial steep losses, Wall Street managed to end the week on a mostly flat note. This was attributed to a mix of bargain buying and easing fears of a recession.
Disney California Adventure is making big moves with the addition of a new ‘Avatar’ experience based on the second film in the franchise, “Avatar: The Way of Water.” This new attraction will surely draw in fans of the series and offer a unique experience at the theme park. Disneyland’s 70th Anniversary In honor of Disneyland’s
Disney has once again established itself as a powerhouse in the entertainment industry, reclaiming the top spot at the summer box office with a string of highly successful films. Through the release of box office hits such as Pixar animation’s “Inside Out 2” and Marvel’s “Deadpool & Wolverine,” Disney has proven its ability to captivate
The recent cancellation of three Taylor Swift concerts in Austria due to a foiled attack has left insurers facing millions of dollars in claims. The cancellation not only impacted the concert attendees, also known as “Swifties,” but it also put a financial strain on insurance providers. Despite several providers sharing the hit, the magnitude of
Travel companies, such as Airbnb and Marriott International, are bracing for a slowdown in leisure travel as U.S. consumers hesitate to book vacations amidst uncertain economic conditions. Despite strong demand in recent years that boosted the industry’s profitability, companies are now warning investors of stagnant U.S. bookings in the third quarter. Hilton Worldwide CEO Christopher