Economy

(Reuters) -Photoshop maker Adobe (NASDAQ:ADBE) forecast annual revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  Stocks in Asia are poised to rise on Thursday after investors took the latest U.S. inflation…

By Harshita Mary Varghese (Reuters) – Alphabet (NASDAQ:GOOGL) led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade…

By Saqib Iqbal Ahmed, Suzanne McGee and Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point…

By Saeed Azhar, Lananh Nguyen and Arasu Kannagi Basil (Reuters) – Bank of America expects regulatory changes under President-elect Donald Trump to favor mergers and acquisitions among companies, including banks,…

(Reuters) – Bank of America has promoted 387 employees to managing director roles in 2024, 16% more than last year, a person familiar with the matter told Reuters on Wednesday.…

(Reuters) -Meta’s Facebook (NASDAQ:META) and Instagram were down for thousands of users across the United States on Wednesday, according to outage tracking website Downdetector.com. There were more than 27,000 incidents…

By Laura Matthews NEW YORK (Reuters) – The market for U.S. initial public offerings could see high levels of interest from investors next year, said Lynn Martin, president of the…

MEXICO CITY (Reuters) – The Mexican financial system maintains a solid and resilient position despite global and domestic risks and the “notable weakness” of the economy, the Bank of Mexico…