Wall St plummets On Friday amid weak Jobs data

Wall St plummets On Friday amid weak Jobs data

On Friday, Wall Street is seeing an intense sell off following disappointing monthly US Jobs figures. The Dow has fallen around 900 points - around 2.2% down. Nick Harper reports from Washington.

August 5, 2024 25

Local

Trustco Group announces NAD 4.4 billion (USD 235 million) transaction with founding family.

Trustco Group Holdings Limited (TTO.SJ) today announced a landmark agreement to convert NAD 4.4 billion (USD 235 million) of debt into equity, paving the way for a planned USD 100 million capital raise in the US markets. The agreement is expected to increase Trustco's net asset value by approximately NAD 1.5 billion (USD 79 million). "This recapitalization is a crucial step towards achieving our growth ambitions […]

June 12, 2024 10

World

Biden campaign touts stock market gains

The US markets have experienced a notable streak, registering gains for seven consecutive weeks. Capitalizing on this rally, President Joe Biden aims to bolster voter confidence in the economy as the nation approaches a crucial election year. Providing details on this matter, Ira Spitzer delivers the report.

December 18, 2023 13

World

Federal Reserve minutes in focus in shortened trading week

Minutes from the Federal Reserve's last meeting will dominate attention in what is slated to be a quiet trading week on Wall Street. William Denselow reports from New York that markets will be closed for Thanksgiving on Thursday and traders will be hoping for positive news heading into the holiday.

November 20, 2023 13