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Tuesday, August 8, 2023

Wall Street ends lower after bank rating cuts spark wider sell-off

Moody's downgrade of several lenders, and placing six banking giants including Bank of New York Mellon, US Bancorp, State Street, and Truist Financial under review for potential downgrades, triggered a broad sell-off in Wall Street.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HR92e4S

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Microsoft-backed cloud platform ‘will bully Indians to agree with it’: Ola CEO

Bhavish Aggarwal, the founder and CEO of Ola, announced the company's move to shift its workloads from Microsoft's Azure to its prop...