European Midday Briefing: Stocks Rise on Renewed Fed Rate-Cut Hopes However, Ebury said the stronger-than-expected GDP data hasn't shifted markets' expectations of a 50/50 chance of a Bank of England interest-rate cut in June. Stocks to Watch The ... to become ... 05/9/2024 - 11:16 pm | View Link
Stocks Rally as European Shares Reach New Highs, Dollar Slips O n Thursday, the global stock market experienced a substantial rally, with European shares leading the charge and a notable uptick in U.S. weekly jobless claims fueling expectations of potential ... 05/9/2024 - 11:12 pm | View Link
Asia stocks rally on renewed global rate cut optimism Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead ... 05/9/2024 - 9:17 pm | View Link
Asian Markets News | Stocks rally on renewed global rate cut optimism MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.66 per cent and was on course for a nearly 1 per cent gain for the week, its third straight week of gains. 05/9/2024 - 3:43 pm | View Link
GLOBAL MARKETS-Stocks rally as European shares scale new highs, dollar slips World stocks rallied on Thursday, led by surging European shares and a larger-than-expected rise in U.S. weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market ... 05/9/2024 - 9:48 am | View Link
Good morning Baltimore and happy Friday!
It's a big day here at BBJ HQ as we are unveiling our redesigned print edition today. This marks the first time we have redesigned the print paper since 2016. The new print paper features a new paper size, some new features and a design that better reflects the way readers consume news (more on that below).
One thing that's not changing is our commitment to bringing you Baltimore business news you can't find anywhere else.
The Department of Labor’s new overtime rule would provide extra pay to millions of workers — but only if it survives what’s near certain to be a set of court challenges.
Under the terms of the new rule, which was finalized by the department on Tuesday, the annual salary threshold under which non-exempt workers would be eligible for overtime will go from $35,568 to $43,888 starting July 1.