ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from July 2023, ON Semi’s stock has plummeted 31%, reaching $72 from its record high. The chipmaker’s primary customers, auto manufacturers, and…
The year 2024 is “virtually certain” to become the world’s warmest since records began, the European Union’s Copernicus Climate…
Mexico’s inflation rate surged to 4.76% in October 2024, a significant rise from the previous month’s 4.58%, marking a…
US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later…
The Federal Reserve lowered its benchmark interest rate by 0.25 percentage points on Thursday, acknowledging a job market that…
President-elect Donald Trump has secured victory in the 2024 election, overcoming Vice President Kamala Harris in a closely watched…
The Biden administration is currently fast-tracking $9 billion in military aid to Ukraine. The outgoing president aims to shore…
Oil prices fell more than 1% on Friday as concerns over supply disruptions in the US subsided with Hurricane…
Following the election victory of Donald J Trump on Wednesday, while stocks rallied as investors showed optimism for Trump’s…