[ad_1] PHOENIX–(BUSINESS WIRE)–Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET on Friday, October 18, 2024 to discuss the Company’s performance. Participants may access the call by dialing 1-833-470-1428 using the access code 586867 or via live audio webcast using the website link: https://events.q4inc.com/attendee/875780058. The webcast is also available through the Company’s website at www.westernalliancebancorporation.com. Participants should log in at least…
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[ad_1] (Reuters) – The Federal Reserve’s 50-basis-point interest-rate cut last month was “timely” and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. “It was timely and consistent” with the Fed’s two mandates of attaining 2% inflation and maximum employment, Jefferson said at Davidson College in North Carolina. The Fed’s success in meeting the first mandate by bringing down inflation, he said, allowed the U.S. central bank “to pay increased attention to the other side of the mandate.” Jefferson voted in September with the majority of his colleagues to reduce the Fed’s policy rate, marking a…
[ad_1] The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system. Cris Faga | Nurphoto | Getty ImagesElon Musk’s X is getting back up and running in Brazil after a months-long standoff between the company and the country’s federal supreme court minister, Alexandre de Moraes.”X is proud to return to Brazil,” the company wrote in a post on X from its global government affairs account. “Giving tens of millions of Brazilians access to our indispensable…
[ad_1] By Shankar Ramakrishnan, Allison Lampert, Echo Wang and Mike StoneNEW YORK (Reuters) – Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources familiar with the matter said, as the planemaker tries to avoid slipping in to junk territory on its credit ratings.In the past few weeks, Boeing has received pitches from investment banks, including Goldman Sachs, JPMorgan, Bank of America and Citigroup, suggesting various fundraising options, according to four sources familiar with the matter.These options include selling common stock as well as securities such as mandatory convertible bonds and…
[ad_1] By Michael Erman (Reuters) – U.S. sales of RSV vaccines from GSK and Pfizer (NYSE:) are down significantly after regulators narrowed the targeted age group and said it was a once-in-a-lifetime shot for now, excluding millions of people who got one last year. Some independent pharmacists said demand during the autumn vaccination season for respiratory syncytial virus shots has fallen as much as two-thirds from a year ago. So far, volumes reported by healthcare data company IQVIA and published in several Wall Street analyst notes roughly match that mark. The shots are important for both Pfizer and GSK as…
[ad_1] Investing.com– U.S. stock index futures moved little in evening deals on Tuesday, with investors turning averse to big trades before more signals on interest rates from the Federal Reserve and key inflation data. Futures steadied after a positive, tech-driven session on Wall Street, although most other sectors lagged on Tuesday. Investors still remained on edge over continued tensions in the Middle East, while cheer over more stimulus measures in China ran dry. fell slightly to 5,798.25 points, while fell 0.1% to 20,286.50 points by 19:11 ET (23:11 GMT). steadied at 42,378.0 points. Fed minutes, CPI data on tap Markets…
[ad_1] MOSCOW (Reuters) – Russia’s Defence Ministry said on Tuesday that its forces had taken control of two settlements in eastern Ukraine, the latest gains in their drive to secure the Donbas region. A ministry report said the villages of Zolota Nyva and Zoryane Pershe had been brought under Russian control. The communities have an estimated population of a few hundred residents each. The two villages lie to the north and to the south of the town of Kurakhove, one of the focal points of military activity on the eastern front. Official Ukrainian accounts of the fighting made no reference…
[ad_1] Think joining the top 4% of households means you need a vault full of gold or some secret hedge fund? Think again.According to data from LIMRA reported by Rethinking65, only 4% of all U.S. households have $2 million or more in investable assets. That may not seem huge, but it represents a significant financial milestone that only a small fraction of households ever reach.Don’t Miss:Breaking it down further, the numbers shift depending on age. Among households headed by someone aged 60 or older, the percentage increases to 7%. For those aged 40 to 85, just 6% of households reach…
[ad_1] By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security, Medicare and health insurance tax credits. The estimate, which precedes the U.S. Treasury Department’s year-end budget report later this month, shows a deficit up 11% from the $1.7 trillion fiscal 2023 gap but slightly lower than the $1.9 trillion deficit estimated in June by CBO. WHY IT’S IMPORTANT U.S. Vice President Kamala Harris is arguing that she would…
[ad_1] Investors following Robinhood (NASDAQ:) Markets, Inc. (NASDAQ:HOOD) may be interested to learn that CEO Vladimir Tenev has recently sold a significant number of shares in the company. According to a recent filing with the Securities and Exchange Commission, Tenev sold 250,000 shares of Class A Common Stock on October 4, 2024, for a total value exceeding $5.7 million. The transactions were executed at varying prices throughout the day, with the range being between $22.62 and $23.38. The weighted-average price at which these shares were sold was reported to be $22.8815. As per the filing, this sale was conducted in…