By Sinéad Carew and Johann M Cherian () -Wall Street's indexes rose on Wednesday, with the benchmark hitting a record high during the session, as investors cheered streaming video provider Netflix (NASDAQ:)'s quarterly report and technology shares rallied a day after President Donald Trump announced a private-sector artificial intelligence infrastructure plan. The technology sector was
Investing.com -- The Federal Reserve is set for its first policy meeting next week, but BofA believes the meeting is likely to be nothingburger as the central bank is likely to keep rates on hold. "We view the January Fed meeting as mostly a placeholder. The Fed will most likely stay on hold," BofA analysts said in a note. The
By Mike Peacock , () - Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate investors concerned about the country's fiscal health. But Chancellor of the Exchequer Rachel Reeves could also get a helping hand from the
By Jonathan Stempel NEW YORK () - New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion dollars of debt relief. James sued Yellowstone, now
By Divya Chowdhury and Niket Nishant DAVOS, Switzerland () - A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday. The change of guard at the Securities
() -The National Highway Traffic Safety Administration said on Wednesday that General Motors (NYSE:) is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. The recall affects certain 2025 Chevrolet Equinox EV all-wheel drive electric vehicles. The adaptive cruise control may fail to engage the brakes as expected, due
By Johann M Cherian and Sukriti Gupta () - The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure. The benchmark was just shy of surpassing its all-time intra-day high hit in early
DAVOS, Switzerland () - Paul Ryan, the former speaker of the U.S. House of Representatives, praised President Donald Trump's choices for economic personnel and stressed the importance of managing the nation's growing debt. The U.S. administration was "off to a good start, with first-round draft picks in the economic policy roles," Ryan, vice chairman of
By Kevin Buckland, Greta Rosen Fondahn TOKYO/GDANSK () -The dollar touched a fresh two-week low on Wednesday, as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing and left the greenback struggling to regain ground against major currencies. Trump said late on Tuesday that his administration was discussing imposing
By Johann M Cherian and Sukriti Gupta () -U.S. stock index futures rose on Wednesday, led by those tied to the Nasdaq, as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure. Netflix jumped 14.9% in premarket trading after reporting a record number of