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Finance

Hedge funds performed better under Democratic presidents than Republican ones, history shows

November 13, 20240

Traders work on the floor of the New York Stock Exchange. NYSEThere's been a rush of enthusiasm on Wall Street regarding Donald Trump's elec...

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Economy

What Trumpโ€™s historic election victory means for the global economy

November 13, 20240

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July 8, 2024.Nurphoto | Nurphoto ...

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Earnings

Spotify shares pop on better-than-expected profit forecast

November 13, 20240

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Brendan Mcdermid | ReutersSpotify shares ro...

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Business

Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal

November 13, 20240

A view of Rocket Lab's HASTE suborbital launch vehicle.Rocket LabRocket Lab shares jumped in post-market trading after the company reported third...

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Business

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging

November 12, 20240

Still from the film "Wicked"Source: Universal StudiosThousands of Mattel's "Wicked"-branded fashion dolls are flying off shelves, but not because...

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Finance

Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’

November 11, 20240

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Bev...

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Economy

Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

November 11, 20240

President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when...

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Earnings

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

November 11, 20240

Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss...

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Business

Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut

November 10, 20240

Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal's "Wicked."Universal"Barbie" painted the town pink in 2023, and now "Wick...

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Finance

China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt

November 9, 20240

BEIJING โ€“ China on Friday announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems, while...

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