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Leaders of the Group of Seven nations on Tuesday pledged to support Ukraine “for as long as it takes,” as the country was under a fresh round of strikes from Russia. “We will continue to provide financial, humanitarian, military, diplomatic and legal support and will stand firmly with Ukraine for as long as it takes,” […]
The Federal Reserve should be wary of wishful thinking about inflation that would lead the central bank to pause hiking interest rates or reverse course, Cleveland Fed President Loretta Mester said on Tuesday. “Given current economic conditions and the outlook, in my view, at this point the larger risks come from tightening too little and allowing […]
Commercial Metals Co. CMC, +2.03% said Tuesday it has increased its quarterly dividend by 14.3%, to 16 cents a share from 14 cents a share. The steel maker and recycler said the new dividend will be payable Nov. 10 to shareholders of record on Oct. 27. Based on Monday’s stock closing price of $39.88, the […]
Coinbase GIobal Inc. COIN, +5.91% shares rose 5% in premarket trades Tuesday after the digital currency brokerage firm said it inked a deal with Google, a unit of Alphabet Inc. GOOG, +0.58%, to use Google Cloud as its strategic cloud partner to build advanced exchange and data services. “We’re ready to serve the thriving global […]
Shares of ForgeRock Inc. FORG, +49.04% rocketed 49.9% in premarket trading Tuesday, after the identity management software company announced an agreement to be acquired by investment firm Thoma Bravo in a cash deal valued at $2.3 billion. Under terms of the deal, ForgeRock shareholders will receive $23.25 in cash for each ForgeRock share they own, […]
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. Source: Cointelegraph