Manufacturing, overall economy softens in January

Economic activity in the U.S. manufacturing sector expanded for the third month in a row, while the overall economy contracted for the second month in a row in January, according…

Saturn’s moon Mimas may be a ‘stealth’ ocean world

Saturn’s icy moon Mimas may be a “hidden” ocean world, according to new research. Mimasthe smallest and innermost SaturnThe main moons are believed to generate enough heat to support a…

Nasdaq Leads the Way for Stocks with 3% Gain

Last updated: 11:21 AM EST Stocks continue to rally as we head into the middle of today’s trading session. As of 11:21 pm EST, the S&P 500 (SPX) and the…

Fed’s quarter-point rate hike reaction

ING’s CFO says the pace of net interest income will continue to increase Tanate Phutrakul, ING’s chief financial officer, said the fourth-quarter net profit was better than expected. Stocks on…

Trade agreements, access to foreign markets debated in U.S. Senate farm bill hearing

WASHINGTON – In its first meeting of the new congressional session, the US Senate Committee on Agriculture, Food and Forestry met on Wednesday for a hearing on trade and horticulture…

Mortgage apps decline amid a volatile mortgage market

Borrower demand for home loans increased in the first three weeks of 2023, prompting optimism among mortgage industry executives and loan officers. But make no mistake – there are signs…

Fed’s latest rate decision ahead

Novartis reports flat earnings, says growth expected in 2023 Swiss drugmaker Novartis reported underlying operating income of $16.7 billion for 2022, broadly flat year-over-year. It predicts growth for 2023, when…

Electric Cars Gain Record Market Share In Europe

The increase in sales of electric cars in Europe is led by the German market John MACDOUGALL Text size Sales of electric cars set a new record for market share…