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US close: S&P 500, Nasdaq hit new highs after CPI data and FOMC meeting

(Sharecast News) - US stocks finished mostly higher on Wednesday with the S&P 500 and Nasdaq reaching new highs after data showed a larger-than-expected slowdown in inflation and the Federal Reserve gave more visibility around the interest-rate outlook.

Guinness Nigeria Sold! Diageo Joins Multinationals Leaving the Market

Diageo, the British beverage giant behind popular alcoholic brands such as Guinness and Johnnie Walker, has become the latest multinational company to announce the sale of its Nigerian subsidiary. Diageo will sell its 58.02 percent stake in Guinness Nigeria to Singapore-based Tolaram for N81.6 (U.S.$0.05) or about U.S. $70 million. The…

US close: Stocks mixed following FOMC decision

(Sharecast News) - Wall Street stocks delivered a mixed performance on Thursday after the Federal Open Markets Committee's latest interest rate decision a day earlier.

US close: Stocks slip as payroll data underwhelms

US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight inflationary risks.

US close: Stocks slip as payroll data underwhelms

(Sharecast News) - US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight in

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