UPS Financial News
14.05 / 02:07
markets
UPS
Apple
Universities
show
reports
inflation data
S&P 500 barely changes as investors hold tight ahead of inflation data
investors took a breather after three weekly gains while they awaited key inflation readings and earnings reports due this week while a survey showed consumers concerned about inflation. A Federal Reserve Bank of New York survey, released on Monday, found that Americans see inflation at 3.3% a year from now from March's 3% while they expect inflation three years from now at 2.8%. This followed a University of Michigan report on Friday that showed U.S. consumer sentiment sagged to a six-month low in May as households worried about the cost of living.
14.05 / 01:05
UPS
security
Election
War
Battlefield
Lithuanians vote in a presidential election as anxieties rise over Russia and the war in Ukraine
Lithuanians have voted in a presidential election at a time when Russian gains on the battlefield in Ukraine are fueling greater fears about Moscow’s intentions
14.05 / 01:05
14.05 / 01:05
UPS
Waves
security
reports
Courts
Sen. Bob Menendez's corruption trial begins, his second in the last decade
The corruption trial of Sen. Bob Menendez has begun in Manhattan federal court as dozens of prospective jurors who claimed jury service would be a hardship were questioned one by one over a six-hour stretch
14.05 / 01:04
UPS
DOW
testing
How major US stock indexes fared Monday, 5/13/2024
U.S. stocks drifted to a mixed close near their record heights
14.05 / 01:04
markets
UPS
Digital
Booking
Platform
European Commission
travelers
prevention
US company Booking Holdings added to European Union's list for strict digital scrutiny
Booking Holdings, the U.S. company that owns Booking
14.05 / 01:03
markets
UPS
CEO
Software
recommendations
Software company Squarespace being taken private by Permira in $6.9 billion deal
Software company Squarespace is being taken private in an approximately $6.9 billion all-cash deal with private equity firm Permira
14.05 / 01:03
14.05 / 01:03
UPS
Highways
performer
reports
Traffic
Investigations
Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes
Amazon’s self-driving robotaxi unit is being investigated by the U.S. government’s highway safety agency after two of its vehicles braked suddenly and were rear-ended by motorcyclists
14.05 / 01:03
UPS
Citizens
CEO
President
reports
International
Microsoft pledges $4.3 billion investment at Macron’s ‘Choose France’ summit
Microsoft has announced its most substantial commitment yet to France
14.05 / 01:03
markets
COST
UPS
Manufacturing
CEO
President
politician
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling
14.05 / 01:03
markets
UPS
FIVE
Compilation
Strategy
Eagle
performer
In just five months, junk muni fund zooms from zero to $1B
John Miller’s new high-yield municipal-bond fund has amassed $1 billion of assets in just under five months, drawing buyers eager to invest in the riskiest segment of state and local-government debt.
14.05 / 01:03
UPS
Citi
Parke
awards
students
love
Colleges
Financial
Why trust is at the core of financial planning
Joseph Spada considers himself a perpetual student of the financial advisory industry. When asked what has been one of the most gratifying aspects of being a senior private wealth advisor at Summit Financial, he replies it’s the trust that’s earned from working with clients.
14.05 / 01:03
UPS
Man
Platform
GameStop
pandemic
social
Videos
roaring kitty
Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnight
14.05 / 01:03
14.05 / 01:03
UPS
Chevrolet
performer
cover
information
testing
GM's Cruise to start testing robotaxis in Phoenix area with human safety drivers on board
General Motors’ troubled Cruise autonomous vehicle unit says it will start testing robotaxis in Arizona this week with human safety drivers on board
14.05 / 01:03
UPS
security
country
Courts
Investigations
Third person pleads guilty in probe related to bribery charges against US Rep. Cuellar of Texas
Federal investigators have secured a third guilty plea in connection with an investigation into U.S. Rep. Henry Cuellar of Texas, who is accused of accepting nearly $600,000 in bribes from an Azerbaijan-controlled energy company and a bank in Mexico
14.05 / 01:03
UPS
Digital
Mobile
Software
reports
Japan's SoftBank Group trims investment losses but remains in red for fiscal year
Japanese technology company SoftBank Group says it trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as investment losses declined
14.05 / 01:03
14.05 / 01:03
13.05 / 23:53
markets
UPS
Remark
Election
Research
performer
Markets rebound on Shah's 400+ call
Amit Shah sought to dispel recent concerns over BJP's performance in the general elections. While emphasising that the ruling party and its allies will get over 400 seats, he told NDTV the market would «shoot up» after June 4 — the election results day — and suggested buying stocks before that. Benchmark Nifty rose 0.22%, or 48.85 points, to close at 22,104 while the Sensex gained 0.15%, or 111.66 points, to close at 72,776. Both indices had fallen over 1% each earlier in the day but bounced back mid-way through the session following the senior minister's remarks.
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