Peso drops as BSP chief says another cut possible

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Peso drops as BSP chief says another cut possible

THE PESO depreciated on Tuesday due to developments in the US-China trade negotiations, as well as comments from Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno that a rate cut is still possible within the year. The local unit closed at …
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Gold steadies near two-week low as focus remains on US-China talks

Gold was steady on Tuesday as traders awaited further developments in the trade negotiations between the United States and China while a firm equities market kept bullion near a two-week low hit earlier in the day. Spot gold was steady at $1,454.67 an …
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McDonald's Will Pay $26 Million to Settle California Wage, Overtime, Break Claims

McDonald’s Corp. agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California. The preliminary settlement resolves claims that the company used a …
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Burlington Stores stock rises 2% premarket as profit tops estimates

Burlington Stores Inc.’s shares BURL, +1.09% rose 2% in premarket trade Tuesday, after the discount store chain topped profit estimates for the third quarter. The Burlington, N.J.-based company said it had net income of $96 million, or $1.44 a share, in the …
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Can AI Compose Good Music?

This week on Decrypted, Bloomberg Technology's Natalia Drozdiak meets three composers using artificial intelligence to make music, and she and
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