US Stock Reports, Quotes and News
Reuters reported on Thursday that Bentley Systems (BSY), an engineering software company valued at nearly $16 billion, is considering various strategic options, including a potential sale, following acquisition interest from other companies.
Rate futures markets now show investors see a first rate cut as most likely occurring at the Fed\’s Sept. 17-18 meeting after data showed inflation through the entire first quarter of 2024 was stiffer than expected and had demonstrably slowed progress on bringing it back to the Fed\’s 2% target.