City Boston Financial News

By Howard Schneider

By Ahmad Ghaddar

Gold prices firmed on Thursday as a fresh set of soft U.S. economic data added to expectations that the Federal Reserve will pause rake hikes this year, although a surge in Treasury yields and dollar kept bullion on track for a monthly loss. FUNDAMENTALS * Spot gold was up 0.2% at $1,946.17 per ounce by 0114 GMT, trading close to a one-month high hit on Wednesday.

The eight asset managers to earn a leader label were Affirmative Investment Management, Australian Ethical, Boston Trust Walden, Domini, Impax, Parnassus, Robeco and Stewart Investors.

Anita Anand and Chrystia Freeland recently drew public attention to their contrasting personas and political positioning. Anand, now President of the Treasury Board, was ousted as Minister of National Defence, supposedly for advocating too strenuously to fund the cash-strapped military and for excessive self-promotion. Clearly undeterred, she was quick out of the gate of her new gig with a letter to cabinet colleagues ordering them to come up with $15.4 billion in expenditure cuts over the next five years. For her part, Freeland used a commencement address at Northeastern University in Boston to ask rhetorically whether capitalist democracy is still effective.

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports

greenhouse gas. As a consequence, steelmaking is reckoned responsible for about 9% of man-made greenhouse-gas emissions. A widespread aspiration is thus to introduce direct reduction by hydrogen alone.

SoftBank-backed British semiconductor and chip manufacturer Arm will start investor meetings next week, ahead of what is slated to be the year’s biggest initial public offering.

Stocks that traded heavily or had substantial price changes on Monday: 3M, Boston Scientific rise; Abcam, NovoCure fall

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports

A new study says Alexa, Siri and other voice assistants could do a better job giving instructions on CPR to help bystanders respond in emergencies

Investing.com — The Dow ended higher Monday, underpinned by a 3M-led surge in industrials ahead of a flurry of data this week that will play into the Federal Reserve’s policy decision next month.

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Boston Scientific Corporation (NYSE:BSX) shared positive results from the ADVENT clinical trial of the FARAPULSE Pulsed Field Ablation (PFA) System, which offers treatment for people with atrial fibrillation (AF), a heart condition.

Vodafone Idea (Vi) has extended the redemption period of 8,000 optionally convertible debentures (OCDs) – out of the Rs 16,000 OCDs issued to American Tower Corp’s India unit (ATC Telecom Infrastructure Pvt Ltd) – to 18 months from the allotment date, instead of the earlier six-month deadline. “The company and ATC have agreed to extend the period of redemption of 8,000 OCDs from 6 months, from the date of allotment of first tranche of OCDs (which was falling due on 28th August, 2023), to 18 months from the date of allotment, subject to certain conditions as mutually agreed,” Vi said in an exchange filing Monday morning. Last month, Boston-based ATC had informed the US Securities and Exchange Commission (SEC) that Vi’s OCDs would mature in two tranches of Rs 800 crore each on August 27, 2023 and August 27, 2024. That has now changed. Earlier in Febuary 2023, Vi had allotted OCDs worth Rs 1,600 crore to ATC TIPL against its dues.

AFP. In a press conference, Jacksonville Sheriff TK Waters said, “He targeted a certain group of people and that's Black people. That's what he said he wanted to kill.

One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000

By Nate Raymond

The U.S. economy is holding up well against difficult economic conditions, a little too well for those with inflation as a primary focus.

JetBlue says in court filings that it could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines

By Saqib Iqbal Ahmed