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Apple hits an all-time high as new smartphone data sides with the bulls in a sea of negativity

Apple is back. Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artific...

Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn’t at NBC

Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, ...

Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups

Jobseekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26, 2024.Joe Raedle | Get...

Weekly jobless claims jump to 231,000, the highest since August

Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise robust labor ma...

Business

NFL’s next big media rights payday is years off — and subject to a shifting industry

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in...

Spotify shares pop on better-than-expected profit forecast

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...

Activist Elliott reportedly has a significant stake in Starbucks, in talks with management

A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee chain S...

Ulta misses Wall Street expectations first time in 4 years, trims guidance after quarterly sales decline

Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidan...

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...

Global public debt will hit $100 trillion by year-end, says IMF

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washin...

Levi Strauss trims guidance as it weighs sale of Dockers business

Justin Sullivan | Getty ImagesDenim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company's overall business is be...

Earnings

Meta shows aggressive spending on AI is already paying off in big earnings beat

Meta Platforms on Wednesday reported better than expected quarterly results, delivering revenue at the high end of guidance thanks to a roughly 2...

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

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

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

Latest

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

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...

What Trump’s historic election victory means for the global economy

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

Spotify shares pop on better-than-expected profit forecast

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...

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

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

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

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

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

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

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

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

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

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

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...

Economy

Fed’s Waller wants more evidence inflation is cooling before cutting interest rates

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.Al Drago | Bloo...

What Trump’s historic election victory means for the global economy

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

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

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

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...

Finance

Affirm expands buy now, pay later service to the UK, heating up l...

Admin—November 4, 2024 0

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Vaughn...

Higher taxes will make it harder for Britain to build ‘the next Nvidia,’ tech execs say

November 3, 2024

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

November 1, 2024

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

October 30, 2024

Earnings

Amazon shares jump 6% after earnings beat

Admin—November 4, 2024 0

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.David Paul Morris | Bloomberg | Getty ImagesAmaz...

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

November 2, 2024

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

November 1, 2024

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

October 30, 2024

Economy

Jobless rate ticks higher in October for white Americans, bucking...

Admin—November 4, 2024 0

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...

Companies brace for Tuesday: Mentions of election surge on earnings conference calls

November 3, 2024

Friday’s jobs report is expected to show the slowest pace of hiring in years

November 1, 2024

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

October 30, 2024