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Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest ra...

British retail sales plunge 2.3% in April, missing estimates

People walk in the rain over the London Bridge in central London on March 12, 2024.Lucy North - Pa Images | Pa Images | Getty ImagesLONDON — U.K....

Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes

Alaska Airlines and Hawaiian Airlines can go through with their planned merger, but they must maintain the value of their airline reward systems ...

CDC says 75 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders

A deadly E. coli outbreak linked to McDonald's Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention ...

Business

Nike withdraws guidance, postpones investor day as it gears up for CEO change

An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon B...

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in...

Sinclair explores selling roughly 30% of its broadcast stations, sources say

Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Andrew Harr...

The Covid-19 pandemic worsened a child care crisis, and it’s costing U.S. businesses billions

Vadym Buinov | Moment | Getty ImagesThe Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child c...

UK economy slipped into technical recession at the end of 2023

Skyline view of the City of London financial district.Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. economy slipped into a technical re...

Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty Imag...

Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’

Squishmallows in the images of Warren Buffett and Charlie Munger display at the Berkshire Hathaway Annual Shareholder Meeting at Omaha, Nebraska,...

Earnings

We’re slashing our rating on Ford after the automaker’s old issues come back to haunt it

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into...

E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

Amazon shares jump 6% after earnings beat

Latest

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

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...

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

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

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in...

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year on Friday and posted operating pro...

MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022.Ronald Martinez | Getty ImagesMajor League Baseball and the At...

UniCredit and Commerzbank square off with target hikes amid takeover battle

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt.Daniel Roland | Afp | Getty ImagesTwo months ...

The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interes...

E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain

e.l.f Beauty power grip primer.Courtesy: e.l.f BeautyE.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales...

Trump’s proposed tariffs could raise prices for consumers and slow spending

Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.Saul Loeb | Afp | Getty Image...

China’s central bank affirms supportive monetary policy stance at closely watched meeting

Pan Gongsheng, governor of the People's Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China.Vcg |...

Gender? Economy? Experts weigh in on which factor is most likely to flip the presidential race

When the votes are counted in the U.S. presidential election, will it be the gender gap, the income gap, the Latino vote or the media and marketi...

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | G...

Economy

WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’

Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if...

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in...

The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interes...

Gender? Economy? Experts weigh in on which factor is most likely to flip the presidential race

When the votes are counted in the U.S. presidential election, will it be the gender gap, the income gap, the Latino vote or the media and marketi...

Jobless rate ticks higher in October for white Americans, bucking the broader trend

A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borou...

Finance

BlackRock launches ETF that expands beyond the ‘Magnificent...

Admin—November 1, 2024 0

BlackRock's iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven.The firm launched th...

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

October 30, 2024

Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

October 29, 2024

Watch CFPB Director Rohit Chopra speak at DC Fintech Week

October 27, 2024

Earnings

Apple stuck it to the naysayers with better-than-feared financial...

Admin—November 1, 2024 0

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty darn good. Re...

Alphabet’s two pillars of growth stand tall in the latest quarter. But we’re not ready to act

October 30, 2024

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

October 29, 2024

Industrial AI play Dover falls on a noisy quarter. Here’s why we’d buy the dip

October 27, 2024

Economy

Friday’s jobs report is expected to show the slowest pace o...

Admin—November 1, 2024 0

Hiring signs outside a Stewart's gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty Images...

Consumer confidence surges as election nears, while job openings move lower

October 30, 2024

Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash

October 29, 2024

Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation

October 27, 2024