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US economy

April US Consumer Confidence Falls on Declines in Current Conditions, Expectations

Apr. 29 (MT Newswires) -- The Conference Board's measure of consumer confidence fell to 86.0 in April from 93.9 in March...

Global Economy

Hungary's Central Bank Keeps Rate Unchanged, Too Early to Ease

Apr. 29 (MT Newswires) -- Hungary's central bank (MNB) left interest rates unchanged on Tuesday at 6.50%, as expected, said ING...

Corporations

Amazon Launches First 27 Satellites for Broadband Network to Rival Starlink

Apr. 29 (MT Newswires) -- Amazon's (AMZN) Project Kuiper late Monday launched and deployed its first batch of 27 satellites into...

Petrobras Seeks Chinese Investment to Expand Brazil's Shipbuilding Industry

Apr. 29 (MT Newswires) -- Petrobras (PBR) President Magda Chambriard on Monday invited Chinese investors to visit Brazilian shipyards and explore...

Snap Q1 Loss Narrows, Revenue Rises; Q2 Forecast Withheld

Apr. 29 (MT Newswires) -- Snap (SNAP) reported a Q1 loss late Tuesday of $0.08 per diluted share, narrowing from the...

Pfizer Reports Mixed First Quarter, Affirms Full-Year Outlook

Apr. 29 (MT Newswires) -- Pfizer's (PFE) first-quarter earnings unexpectedly increased year on year even as sales fell below Wall Street's...

Meta Platforms Partners With Cerebras to Accelerate AI App Development Using Llama API

Apr. 29 (MT Newswires) -- Meta Platforms (META) partnered with Cerebras Systems to enhance the performance of its Llama application programming...

PayPal Q1 Non-GAAP Earnings, Revenue Increase

Apr. 29 (MT Newswires) -- PayPal (PYPL) reported Q1 non-GAAP EPS Tuesday of $1.33 per diluted share, up from $1.08 a...

Markets

Equity Markets Close Higher Despite Weak Labor, Consumer Confidence

Apr. 29 (MT Newswires) -- US benchmark equity indexes closed higher on Tuesday despite soft labor data and weak consumer sentiment...