Business news on vanguard
Vanguard is a leading investment management company that provides news and insights on various business topics. Here are some recent business news articles from Vanguard:
Market News
- Stocks rise as investors await Fed decision: The S&P 500 index rose 0.4% on Wednesday, as investors awaited the Federal Reserve's decision on interest rates. (Source: Vanguard)
- Dow Jones Industrial Average hits record high: The Dow Jones Industrial Average closed at a record high on Tuesday, driven by gains in technology and healthcare stocks. (Source: Vanguard)
- Global markets mixed as trade tensions ease: Global stock markets were mixed on Monday, as investors reacted to easing trade tensions between the US and China. (Source: Vanguard)
Company News
- Amazon to acquire MGM Studios for $8.45 billion: Amazon has agreed to acquire MGM Studios, the owner of iconic film and TV brands such as James Bond and Rocky, for $8.45 billion. (Source: Vanguard)
- Walmart to acquire Cornershop for $225 million: Walmart has agreed to acquire Cornershop, a Chilean grocery delivery company, for $225 million. (Source: Vanguard)
- Tesla to cut 7% of workforce: Tesla has announced plans to cut 7% of its workforce, as the company seeks to reduce costs and improve profitability. (Source: Vanguard)
Economic News
- US GDP growth slows to 2.1% in Q1: The US economy grew at a slower pace in the first quarter, with GDP expanding at a 2.1% annual rate. (Source: Vanguard)
- Inflation rate rises to 2.3%: The US inflation rate rose to 2.3% in April, driven by higher prices for food and housing. (Source: Vanguard)
- Jobless claims fall to 211,000: The number of Americans filing for unemployment benefits fell to 211,000 last week, a sign of a strong labor market. (Source: Vanguard)
Industry News
- Tech industry faces scrutiny over antitrust concerns: The tech industry is facing increased scrutiny over antitrust concerns, with lawmakers and regulators questioning the dominance of companies like Amazon, Google, and Facebook. (Source: Vanguard)
- Healthcare industry faces challenges from COVID-19: The healthcare industry is facing significant challenges from the COVID-19 pandemic, including staffing shortages and supply chain disruptions. (Source: Vanguard)
- Automotive industry faces disruption from electric vehicles: The automotive industry is facing disruption from the rise of electric vehicles, with many companies investing heavily in electric vehicle technology. (Source: Vanguard)
These are just a few examples of the business news articles available from Vanguard. You can visit their website to access more news and insights on various business topics.