Market updates


 U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

September 19, 2024 07:30 AM AEST| By EODHD

MINNEAPOLIS, September 18, 2024--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced it has decreased its prime lending rate to 8.00 percent from 8.50 percent, effective tomorrow, September 19, 2024,...

 Northern Trust Decreases Prime Rate

Northern Trust Decreases Prime Rate

September 19, 2024 07:27 AM AEST| By EODHD

CHICAGO, September 18, 2024--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.50% to 8.00%, effective Thursday, September 19, 2024. About Northern Trust Northern Trust Corporation (...

 Citizens Financial Group Announces Prime Rate Change

Citizens Financial Group Announces Prime Rate Change

September 19, 2024 07:22 AM AEST| By EODHD

PROVIDENCE, R.I., September 18, 2024--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 8.00 percent from 8.5...

 James J. Kim to Retire as Executive Chairman

James J. Kim to Retire as Executive Chairman

September 19, 2024 07:04 AM AEST| By EODHD

Susan Y. Kim to become Chairman of the Board TEMPE, Ariz., September 18, 2024--(BUSINESS WIRE)--Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services,...

 Musk's X skirts Brazil ban and returns to some users with change to server access

Musk's X skirts Brazil ban and returns to some users with change to server access

September 19, 2024 07:00 AM AEST| By EODHD

RIO DE JANEIRO (AP) — Some Brazilian users reconnected with X on Wednesday despite the Supreme Court's recent nationwide ban, the result of the social network apparently changing the way its servers a...

 Insurer AIG names Keith Walsh as CFO

Insurer AIG names Keith Walsh as CFO

September 19, 2024 06:49 AM AEST| By EODHD

(Reuters) - Insurer American International Group named industry veteran Keith Walsh as its chief financial officer, effective Oct. 21 this year. Walsh has over two decades of experience in finance lea...

 Regions Bank Reduces its Prime Lending Rate

Regions Bank Reduces its Prime Lending Rate

September 19, 2024 06:30 AM AEST| By EODHD

BIRMINGHAM, Ala., September 18, 2024--(BUSINESS WIRE)--Regions Bank today announced it is reducing the Regions prime lending rate to 8.00% from 8.50%, effective Thursday, Sept. 19, 2024. About Regions...

 These Stocks Moved the Most Today: Intuitive Machines, Super Micro, Boeing, VF Corp., ResMed, General Mills, and More

These Stocks Moved the Most Today: Intuitive Machines, Super Micro, Boeing, VF Corp., ResMed, General Mills, and More

September 19, 2024 06:16 AM AEST| By EODHD

Intuitive Machines is soaring after receiving a NASA contract worth up to $4.82 billion, Super Micro shares are given a bullish rating, and General Mills beats earnings estimates. Continue reading Vie...

 Dominion Energy Announces Redemption of 2014 Series A Enhanced Junior Subordinated Notes

Dominion Energy Announces Redemption of 2014 Series A Enhanced Junior Subordinated Notes

September 19, 2024 06:15 AM AEST| By EODHD

RICHMOND, Va., Sept. 18, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all of its outstanding 2014 Series A Enhanced Junior Subordinated Notes due...

 TriNet Announces Quarterly Dividend

TriNet Announces Quarterly Dividend

September 19, 2024 06:15 AM AEST| By EODHD

DUBLIN, Calif., Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board...

 Saia to open 3 terminals in September

Saia to open 3 terminals in September

September 19, 2024 06:10 AM AEST| By EODHD

Saia plans to open 18 to 21 new terminals in 2024. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Saia said Wednesday that it will open three terminals in the western U.S. during Septembe...

 Fed Rate Cuts Start With A Bang As Powell Makes This Commitment; S&P 500 Pauses

Fed Rate Cuts Start With A Bang As Powell Makes This Commitment; S&P 500 Pauses

September 19, 2024 06:05 AM AEST| By EODHD

The Federal Reserve announced its first rate cut since March 2020 to support the softening labor market, though the S&P 500 is near a record high. Continue reading View comments

 Sector Update: Tech Stocks Decline Late Afternoon

Sector Update: Tech Stocks Decline Late Afternoon

September 19, 2024 06:02 AM AEST| By EODHD

Sector Update: Tech Stocks Decline Late Afternoon

 Newsom touts California economy after SpaceX, Chevron announce moves to Texas

Newsom touts California economy after SpaceX, Chevron announce moves to Texas

September 19, 2024 05:42 AM AEST| By EODHD

California Gov. Gavin Newsom pushed back on bashing of the Golden State, trumpeting the state's economy after some high-profile companies including SpaceX and Chevron announced plans to move their hea...

 Truist lowers prime lending rate in tandem with Fed's rate cut

Truist lowers prime lending rate in tandem with Fed's rate cut

September 19, 2024 05:19 AM AEST| By EODHD

(Reuters) - Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matching the U.S. Federal Reserve's rate cut. (Reporting...

 What to know about the pipeline fire burning for a third day in Houston's suburbs

What to know about the pipeline fire burning for a third day in Houston's suburbs

September 19, 2024 04:30 AM AEST| By EODHD

DEER PARK, Texas (AP) — A pipeline fire that forced hundreds of people to flee their homes in the Houston suburbs burned for a third day on Wednesday, with no official timeline for when it might final...

 T-Mobile to Supply OpenAI With Customer Data to Boost User Experience

T-Mobile to Supply OpenAI With Customer Data to Boost User Experience

September 19, 2024 04:29 AM AEST| By EODHD

T-Mobile US said it would partner with OpenAI to build an artificial-intelligence platform designed to help the telecom company gain and keep customers. The companies said the new platform, called Int...

 T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says

T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says

September 19, 2024 04:19 AM AEST| By EODHD

T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says

 Boeing furloughs workers as strike halts key programs in Pacific Northwest

Boeing furloughs workers as strike halts key programs in Pacific Northwest

September 19, 2024 04:02 AM AEST| By EODHD

Boeing CEO Kelly Ortberg stated that all benefits will continue for furloughed employees. (Photo: Ryan Ewing/AirlineGeeks) Two days after announcing a hiring freeze, Boeing has notified employees it w...

 DAT: Truckload volumes and rates diverged in August

DAT: Truckload volumes and rates diverged in August

September 19, 2024 03:58 AM AEST| By EODHD

Truckload volumes and rates diverged in August (Graphic: DAT Freight & Analytics) BEAVERTON, Ore., September 18, 2024--(BUSINESS WIRE)--Truckload freight volumes and rates continued on divergent paths...

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