News - 2024-08-27

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Residents complain of three years of "chaos" including a collapsing staircase.

The announcement is JD.com's second buyback this year, after announcing a $3 billion buyback in March.

The Citizens' Advice warning comes as energy firms meet the government for talks on help with bills.

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Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.

The boss of Water UK says the UK's system is old and that bill rises proposed should be higher.

Electoral math explains why the presidential candidates are dangling a tax break before a key subset of Nevada voters.

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The joint interview, airing at 9 p.m. Eastern, is the first time the vice president will face sustained questions from a journalist since President Biden withdrew from the race.

Investors were waiting for Nvidia's quarterly earnings announcement, due for release after Wednesday's closing bell.

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Few details are available on the incident, which took place in a Delta Air Lines maintenance facility.

The N.T.S.B. says a lack of F.A.A. oversight contributed to a 2022 helicopter crash in West Virginia, in which six people were killed.

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

The joint interview, airing at 9 p.m. Eastern, is the first time the vice president will face sustained questions from a journalist since President Biden withdrew from the race.

In the Federal Reserve Bank of Dallas' latest report on Texas manufacturing, several producers issued dire warnings about the state of the economy and the consumer.

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US home prices began the summer months at a record high.

In the Federal Reserve Bank of Dallas' latest report on Texas manufacturing, several producers issued dire warnings about the state of the economy and the consumer.

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'Making Money' host Charles Payne examines what's behind the downturn in RV demand.

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Paramount Global's messy merger drama finally appears to have reached its conclusion.

Stocks are struggling to find a footing as Nvidia's high-stakes earnings loom.

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Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.

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JD Vance, the Republican vice-presidential nominee, waded into a fight over plans by Gotion, a Chinese battery plant, to build a factory in Michigan.

UBS senior U.S. equity strategist Nadia Lovell provides her year-end outlook and discusses whether Fed rate cuts will boost the stock market on 'Making Money.'

Sidekick Operators President Chris Valetta explains why a growing number of companies are changing leadership on 'Cavuto: Coast to Coast.'

The state’s travel website recently removed pages dedicated to L.G.B.T.Q. travel. Some Floridians aren’t happy about it.

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Red Lobster lenders have selected former P.F. Chang's CEO Damola Adamolekun to run the struggling seafood chain upon its emergence from Chapter 11 bankruptcy.

Traders in the U.S. equity options market are expecting Nvidia's upcoming earnings report to spark a more than $300 billion swing in the shares of the world's most dominant artificial intelligence chipmaker. Options pricing shows that traders anticipate a move of around 9.8% in the company’s shares on Thursday, a day after it reports earnings, data from analytics firm ORATS showed. Given Nvidia's market capitalization of about $3.11 trillion, a 9.8% swing in the shares would translate to about $305 billion, likely the largest expected earnings move for any company in history, analysts said.

Harris and Trump Embrace Tariffs

Aug 27, 2024, 12:28 PM

Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.

Royal Caribbean and other companies are aggressively building over-the-top ships. “Today’s cruisezillas make the Titanic look like a small fishing boat,” noted one sustainability specialist.

Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.

Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.

When the messaging app’s founder, Pavel Durov, was arrested, he received a flood of support from a multitrillion-dollar industry that relies on it.

'Vanrey & Co.' host Stuart Varney discusses Meta's partnership with Sage Geosystems to drill for geothermal power deep under the earth's surface.

The steady rise in unemployment over the past few months is contributing to a "more pessimistic" view of the labor market from US consumers, according to the Conference Board.

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The PM said he would have to make "big asks" from the public for the "long-term good".

Super Micro shares slid on Tuesday after a new report from short seller Hindenburg Research.

Eli Lilly is trying to reduce shortages of its Zepbound weight loss GLP-1 by launching vials and lowering prices for out-of-pocket payers.

Chinese electric car company Xpeng has announced that its mass-market brand Mona will start selling cars for less than $20,000.

Paramount Global's messy merger drama finally appears to have reached its conclusion.

Eli Lilly is launching more supply of its weight loss drug Zepbound. The new single-dose vials will be priced lower than "all other incretin GLP-1 medicines for obesity."

Stocks are struggling to find a footing as Nvidia's high-stakes earnings loom.

For many, Covid is increasingly regarded like the common cold. A scratchy throat and canceled plans bring a bewildering new critique from friends: You shouldn’t have tested.

Repsol figures that there is still life in vehicle fuels as long as they can be portrayed as low carbon.

New data published by the S&P CoreLogic Case-Shiller index shows that home prices climbed to a new record high in June as the affordability crisis worsens.

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The government says taxes will have to rise to fix the public finances - but which ones could go up?

Pavel Durov was charged in France, as part of wide-ranging investigation into criminal activities on the messaging platform he runs.

An Alaska Airlines flight operated on a Boeing aircraft had to return to the airport it took off from on Sunday for an engine issue, local reports state.

Rep. French Hill, R-Ark., reacts to Meta CEO Mark Zuckerberg's admission about censorship and discusses Kamala Harris' economic policies as well as her role as border czar.

Pfizer is launching a new direct-to-consumer platform that it hopes will help patients get access to medicines faster.

The scheme, which gives cash to struggling households, is currently due to close on 31 September.

Wall Street is bracing for another bull run in darling Nvidia.

Travellers from the UK and other non-EU countries will soon have to go through a new digital border system.

Stocks are struggling to find a footing as Nvidia's high-stakes earnings loom.

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The 2024-2025 school year is kicking off, but districts nationwide have been struggling to hire enough bus drivers. Industry advocates say they have been underpaid for too long.

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Americans base their outlook for inflation on gas more than anything else. An EV-powered future might make this less of a problem for the Fed.

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The billionaire says White House officials pressured Meta to remove content 'for months' in 2021.

German auto giant Volkswagen is spending more time at Xpeng than the other way around, Xpeng co-president Brian Gu told CNBC on Monday.

Elon Musk’s plan to open Tesla’s charging network is proceeding slowly. Nobody is entirely sure why, or when that might change.

The former Paralympian was not met at the other end of her journey by a staff member.

(Bloomberg) -- One of the last remaining bright spots for Chinese consumption is rapidly fading, as the nation’s economic malaise takes a toll on demand for even the most accessible of goods.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High,

Prices in August were down 0.3% from a year ago, the first fall since October 2021, a retail group says.

In-store staff, who are mostly women, should be paid the same as warehouse workers, a tribunal rules.

The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.