Shares of buy now, pay later company Klarna rose more than 30% on Wednesday after the company raised $1.37 billion in its long-awaited initial public offering. Klarna’s stock, trading under the ticker
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods surged in November, boosted by aircraft bookings, but business spending on equipment appeared lackluster amid
Utilities stocks came under significant pressure for most of 2023, as the Fed interest rate hikes knocked much-needed sense into over-optimistic investors. However, the
Senior Federal Reserve officials are by no means unanimous about the central bank’s December forecast showing three cuts in U.S. interest rates in 2024. Neither