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CFPB sues Comerica Bank over allegations of failing disabled and older Americans

(Reuters) – Regional lender Comerica (NYSE:CMA) Bank faces allegations it systematically mistreated millions of mostly disabled and elder customers and could pay…
Stock

Morocco stocks lower at close of trade; Moroccan All Shares down 0.80%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Banking, Utilities and Oil & Gas sectors…
Stock

Asana shares jump on Q3 revenue beat and raised forecasts

Asana Inc . (NYSE: NYSE:ASAN) saw its shares surge by as much as 37% after reporting third-quarter earnings that surpassed revenue expectations…
Stock

Shopify upgraded to ‘buy’ as AI initiatives drive growth and efficiency

Investing.com — Loop Capital upgraded Shopify Inc (NYSE:SHOP) to “buy” from “hold,” citing the company’s strategic use of artificial intelligence (AI) to boost…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Stock

US election uncertainty is no reason to exit the market: UBS

Investing.com — As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely…
Stock

What a soft landing means for the momentum trade

Investing.com — According to analysts at Piper Sandler, 2024 is shaping up to be “one of the best years for momentum strategies in…
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