Business news vanguard
Here are some recent business news articles from Vanguard:
Market News
- Stocks rise as investors shrug off inflation concerns: The S&P 500 index rose 1.1% on Friday, despite concerns about inflation and interest rates. (Source: Vanguard)
- Dow Jones Industrial Average hits record high: The Dow Jones Industrial Average closed above 35,000 for the first time, driven by strong earnings and economic growth. (Source: CNBC)
- Bond yields rise as inflation expectations increase: The yield on the 10-year Treasury note rose to 1.75%, as investors anticipate higher inflation and interest rates. (Source: Bloomberg)
Company News
- Amazon to acquire MGM Studios for $8.45 billion: Amazon has agreed to acquire MGM Studios, one of the largest film and television studios in the world. (Source: The New York Times)
- Walmart to acquire Cornershop, a Chilean grocery delivery service: Walmart has agreed to acquire Cornershop, a Chilean grocery delivery service, for $225 million. (Source: Reuters)
- Tesla to raise prices for its electric vehicles: Tesla has announced that it will raise prices for its electric vehicles, citing increased costs and demand. (Source: The Verge)
Economic News
- US GDP grows at 6.4% annual rate in Q4: The US economy grew at a 6.4% annual rate in the fourth quarter, driven by consumer spending and government stimulus. (Source: The Wall Street Journal)
- Unemployment rate falls to 6.3%: The US unemployment rate fell to 6.3% in January, as the labor market continues to recover from the pandemic. (Source: CNBC)
- Fed keeps interest rates unchanged: The Federal Reserve kept interest rates unchanged at its January meeting, citing the need to support the economy during the pandemic. (Source: Bloomberg)
Industry News
- Tech industry faces scrutiny over diversity and inclusion: The tech industry is facing increased scrutiny over its lack of diversity and inclusion, with many companies facing lawsuits and public criticism. (Source: The New York Times)
- Healthcare industry faces challenges from COVID-19 pandemic: The healthcare industry is facing significant challenges from the COVID-19 pandemic, including staffing shortages and increased demand for services. (Source: Modern Healthcare)
- Automotive industry faces disruption from electric vehicles: The automotive industry is facing disruption from the rise of electric vehicles, with many companies investing in electric vehicle technology and production. (Source: Automotive News)