Category: Business

(Bloomberg) — The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary cycle tilts toward more synchronized easing. Most Read from Bloomberg World’s Second Tallest Tower Spurs Debate About Who Needs It The Plan for the World’s Most Ambitious Skyscraper

Venerable electronics firm Sony (NYSE: SONY) has joined the cadre of companies choosing to split their stocks. Sony announced a 5-for-1 stock split to take effect Oct. 1. Forward stock splits, like Sony’s, lower the price of individual shares, making them accessible to a wider pool of investors. This provides an incentive to buy Sony

(Bloomberg) — Stocks careened toward their worst weekly selloff since March 2023 and bonds whipsawed as another disappointing report on the US labor market revived concerns the economy is cooling and the Federal Reserve is moving too slow to rescue it. Most Read from Bloomberg World’s Second Tallest Tower Spurs Debate About Who Needs It

(Bloomberg) — Verizon Communications Inc., the largest US phone company, agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.59 billion to expand its high-speed internet business. Most Read from Bloomberg The Outsized Cost of Expanding US Roads How Air Conditioning Took Over the American Office Hong Kong’s Arts Hub Turns to

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(Bloomberg) — Global equities hovered near record highs on Monday as investors prepared for what’s typically considered the most challenging month for stocks. Most Read from Bloomberg A Guide to Urban Swimming in Europe, Beyond the Seine Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds Europe’s Stoxx 600 index pared most

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The real estate sector has been one of the worst-performing parts of the stock market since the Federal Reserve started raising interest rates in 2022, but this has created some opportunities to add top-quality businesses to your portfolio at historically cheap valuations. Here are three in particular that are built to deliver excellent long-term returns

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