Day: May 6, 2024

Fed’s Williams says next Fed move likely to be lower rates FILE PHOTO: Federal Reserve Board Building in Washington

FILE PHOTO: Federal Reserve Board Building in Washington

Fed’s Williams says next Fed move likely to be lower rates

Stock Focus Report May 6, 2024

By Michael S. Derby (Reuters) – Federal Reserve Bank of New York President John Williams said Monday...

Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment

Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment

Stock Focus Report May 6, 2024

By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in...

EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon FILE PHOTO: The logos of Nippon Steel Corp. are displayed

FILE PHOTO: The logos of Nippon Steel Corp. are displayed

EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon

Stock Focus Report May 6, 2024

(Reuters) -The European Commission on Monday approved U.S. Steel’s $14.9 billion buyout by Japan’s Nippon Steel, allaying...