Economy

(Reuters) -Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, the solar inverter maker disclosed in a filing on Friday. Enphase will also…

By Lisa Pauline Mattackal and Ankika Biswas (Reuters) -The S&P 500 briefly touched the psychologically significant 6,000 mark for the first time on Friday, building on a sharp rally after…

NEW YORK (Reuters) – The U.S. fiscal health is at higher risk after the election of Republican Donald Trump as the next U.S. president and given the likely composition of…

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – Investors will focus in the coming week on whether inflation trends can help sustain the record-breaking stock rally that has received a…

(Reuters) – Major brokerages including J.P.Morgan, Barclays (LON:BARC) and Goldman Sachs retained their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal Reserve in December, after the central…

(Reuters) – U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households’ expectations for the future climbing to the highest in more than three…

By Promit Mukherjee OTTAWA (Reuters) – Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the…

(Reuters) – NRG Energy (NYSE:NRG) beat third-quarter core profit estimates on Friday due to lower supply costs across its service territories, and raised its 2024 profit outlook, sending its shares…

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a…