FTC Crackdown on Rite Aid Over Facial Recognition Is a Lesson on Risks of AI
By Press Room
2 Mins read
It may be easy to ignore a regulatory slap on the wrist against a bankrupt drugstore chain, but Rite Aid’s ban against…
Lowe’s Cos. shares fell about 3% Tuesday, after the home-improvement retailer missed revenue forecasts for the third quarter and lowered its guidance,…
© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October…
If you’re shopping for a Christmas tree — a real, live tree, that is — you should be prepared to pay more…
Traders are closely monitoring the oil markets as anticipation builds for the upcoming OPEC+ meeting scheduled for November 26th. This key gathering…
Pakistani rupee rallies following IMF agreement and easing import pressures
By Press Room
1 Mins read
ISLAMABAD – The Pakistani rupee experienced a notable improvement in the inter-bank market, appreciating to close at 286.50 against the dollar, marking…
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Pfizer Is Not Cheap, And The 5.7% Yield Is Not As Safe As You Might Think (NYSE:PFE)
By Press Room
5 Mins read
Amidst the pandemic in 2021, Pfizer’s (NYSE:PFE) stock price hit its all-time high of $61.71. A year later, Pfizer reported a record…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Charif Souki,…
Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
By Press Room
2 Mins read
Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered…