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Meta approved a plan to increase bonuses for company executives to up to 200% of their base pay amid layoffs targeting about 4,000 employees.

(Bloomberg) -- UK businesses stepped up the pace of job cuts in February, according to a closely watched survey, boding ill for a labor market that has so far held up in the face of Chancellor of the Exchequer Rachel Reeves’ huge increase in payroll taxes. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquart

(Bloomberg) -- Singapore plans to invest S$5 billion ($3.7 billion) with fund managers to help boost the local stock market, and will start requiring some family offices to deploy a portion of their assets into domestic equities.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsTrump As

There's no doubt that the world's second-most valuable stock is important. But the AI harbinger has taken on a different role of late as other stocks have supplanted the "Magnificent Seven" as the engine of this year's gains.

Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.

Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020, as earnings surprises and optimism about the artificial intelligence sector drew global investors rotating funds into the sector. The Hang Seng Tech Index closed up 6.5%, its best single-day gain since October, to reach its highest in three years. That took its weekly gain to more than 6% in its sixth straight week of advances, the longest winning streak since May 2020.

(Bloomberg) -- Investors are ditching US homebuilder stocks at a record pace as elevated borrowing costs bruise the industry’s prospects and signal that the shares may have further to fall.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsTrump Asserts Power Over NYC, Proclaims ‘Long Li

Global equity funds continued to see robust inflows, with the majority directed to European equity funds, which hit record highs fueled by hopes for peace in Ukraine and a surge in the defense sector due to anticipated increases in military spending. Also, a U.S. inflation report suggesting that the Federal Reserve's preferred measure of prices might be cooler than anticipated, bolstered stock prices and fund inflows during the week. Investors ploughed a robust $13.35 billion into global equity funds during the week, significantly outweighing $5.32 billion worth of net purchases the previous week, LSEG Lipper data showed.

Over the past six months, El Pollo Loco’s stock price fell to $12.36. Shareholders have lost 8.8% of their capital, which is disappointing considering the S&P 500 has climbed by 8.9%. This may have investors wondering how to approach the situation.

Over the past six months, Mettler-Toledo’s shares (currently trading at $1,304) have posted a disappointing 8.9% loss, well below the S&P 500’s 8.9% gain. This may have investors wondering how to approach the situation.