Category: Finance

[ad_1] (Bloomberg) — Super Micro Computer Inc. is under investigation by the US Justice Department following a short-seller report that raised questions about the company’s accounting practices, the Wall Street Journal reported. Most Read from Bloomberg A prosecutor at the US attorney’s office in San Francisco recently reached out to people who possibly held relevant…

[ad_1] Key Takeaways Jobless claims fell last week, reaching their lowest since May. Fewer people are filing for unemployment despite other labor market data showing a worsening job market, with job openings falling and unemployment rising. Possible explanations for the disconnect include a mild hurricane season or businesses holding on to the workers they have…

[ad_1] Jabil Inc. to take up to $200 million in restructuring charges for a head-count reduction, with more details to come. [ad_2] Source link

[ad_1] BBC The world’s richest person, Elon Musk, has hit back after not being invited to the UK government’s International Investment Summit. He was not invited due to his social media posts during last month’s riots, the BBC understands. “I don’t think anyone should go to the UK when they’re releasing convicted pedophiles in order…

[ad_1] A single dissent on the Federal Reserve’s interest-rate committee garnered plenty of attention last week. Understandably so. It marked the first time since 2005 that a Fed governor had opposed a rate decision. Michelle Bowman’s disagreement highlighted concerns that a half-percentage-point cut might be excessive for an economy yet to vanquish inflation. Nevertheless, her…

[ad_1] Downtown New York is quieter than ever. Finance has never been louder [ad_2] Source link

[ad_1] Prices could once again spike this winter [ad_2] Source link

[ad_1] Egypt is gearing up to return to international debt markets for the first time in three years. Last week Ahmed Kouchouk, the country’s finance minister, is reported to have told investors that his government is hoping to raise around $3bn in external debt over the coming months. Much of this borrowing will take the…

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The third-generation scion of one of Hong Kong’s wealthiest dynasties stepped down as chief executive of his family’s property business after New World Development posted its first annual loss in more than two decades.…

[ad_1] Dubai, United Arab Emirates, September 26th, 2024, Chainwire Bybit’s World Series of Trading (WSOT) 2024, the longest-running and most rewarding trading competition of its kind by the world’s second-largest cryptocurrency exchange by trading volume, invites the crypto community to meet former WSOT legends and unlock auspicious rewards on livestream. Joining the trading champions will…