Unemployment Rate Hits Multi-Year High The unemployment rate edged higher to 4.3%, reaching its highest level since October 2021. This increase brought the total number of unemployed individuals to 7.2…
Tag: trading the news
Boeing’s Q2 Loss Exceeds Expectations
Daily The Boeing CompanySupply Chain and Workforce Challenges Like its competitor Airbus, Boeing is grappling with a workforce influx and supply chain constraints that are hampering production capacity. These issues…
BoE Slashes Rates to 5%: First Cut in Four Years
The unexpected rate cut is likely to have a bullish impact on U.K. equities and bonds in the short term….Read More
Microsoft Shares Drop 7% as Cloud Stumble Overshadows Strong Q4 Revenue
Daily Microsoft Corp. (MSFT)Earnings Highlights Microsoft’s total revenue for the quarter ending June 30 increased by 15% year-over-year, reaching $64.73 billion, surpassing the expected $64.39 billion. Earnings per share stood…