Market News Explorer
Stay informed with the latest market news and analysis.
OpenAI Names Political Veteran Chris Lehane as Head of Global Policy
Aug 30, 2024, 6:46 PM
The prominent A.I. start-up is also considering a change to its corporate structure to make it more appealing to outside investors.
How I Improved My Tainted Reputation With Chatbots
Aug 30, 2024, 11:28 AM
When I set out to improve my tainted reputation with chatbots, I discovered a new world of A.I. manipulation.
The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Aug 30, 2024, 8:52 AM
Inflation remained cool in July, based on the Personal Consumption Expenditures index, keeping the Federal Reserve on track for rate cuts.
Will things get worse like Keir Starmer says?
Aug 30, 2024, 5:25 PM
The prime minister says the Autumn Budget will be "painful", so what might be in store?
Brazil Supreme Court orders suspension of X
Aug 30, 2024, 4:15 PM
The social media giant says it refused to comply with a judge's order to appoint a legal representative.
We're heading for a $950 billion CD 'maturity tsunami'
Aug 30, 2024, 12:14 PM
Many 1-year CDs will come due right when interest rates are set to drop.
Oasis tickets relisted for £6,000 minutes after pre-sale
Aug 30, 2024, 1:21 PM
The first batch of tickets for reunion gigs go on sale with some relisted for £6,000.
S&P ends volatile August with 4th straight winning month
Aug 30, 2024, 4:06 PM
The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.
Leonard Riggio, 83, Dies; Founded Barnes & Noble and Upended Publishing
Aug 30, 2024, 3:41 PM
He pioneered the bookstore-as-superstore, a retail behemoth that dominated the industry before Amazon overtook it with its online reach.
Labor Day 2024: What to expect for gas prices before you hit the road
Aug 30, 2024, 11:34 AM
Projected Labor Day travel across the U.S. is up 9% compared to a year ago. The good news for those traveling by car is that gas prices have been on the decline.
Why Oil Prices Remain Subdued
Aug 30, 2024, 1:32 PM
Despite war in the Middle East and political turmoil in Libya, investors are focusing on what look like ample global supplies.
VP Harris: 'As president, I will not ban fracking'
Aug 30, 2024, 12:57 PM
"As vice president, I did not ban fracking. As president, I will not ban fracking," Harris told CNN during an interview on Thursday.
Ikea sets record for world’s largest pajama party with over 2,000 employees participating
Aug 30, 2024, 8:33 AM
Ikea broke a world record for the largest two-piece pajama party with 2,052 employees in Älmhult, Sweden, showing up in limited-edition Swedish meatball sets to celebrate a new sleep initiative.
The Big Number: 100 Percent
Aug 30, 2024, 1:00 PM
The Canadian government will impose a new tariff on electric vehicles made in China, further escalating trade tensions between Western countries and China.
Who’s Backing Out? Partisan Media Outlets Weigh in on the Debate Over the Debate
Aug 30, 2024, 11:22 AM
Conservative publications claim Vice President Kamala Harris is looking for reasons to back out of the debate. Liberal sites say it is former President Donald Trump who is seeking excuses to withdraw.
Gaza Debate Reopens Divisions Between Left-Wing Workers and Union Leaders
Aug 30, 2024, 11:15 AM
Last week’s Democratic National Convention surfaced differences over the war in Gaza that could widen fissures between labor activists and union officials.
Big Lots weighing possibility of bankruptcy filing as sales dwindle
Aug 30, 2024, 6:54 AM
Discount retailer Big Lots is considering filing for bankruptcy as it faces declining sales, according to a report citing people familiar with the situation.
Landon Y. Jones, Who Made People a Star Among Magazines, Dies at 80
Aug 30, 2024, 10:00 AM
An unapologetic champion of the newsworthiness of celebrities, he also drew attention to teenage pregnancy and helped popularize the term “baby boomer.”
Thru the Cycle President John Lonski reacts to Kamala Harris blaming Trump for mismanaging the economy during her CNN interview on 'Varney & Co.'
Big banks are taking heat for paying low rates on idle cash
Aug 30, 2024, 8:19 AM
The scrutiny of how banks and brokerages treated their customers during an era of high interest rates is heating up just as that era draws to a close.
Trump's 'deadly serious' about tougher tariffs: Wilbur Ross
Aug 30, 2024, 9:01 AM
Former US Commerce Secretary shares his insight into what a second Trump presidency would look like.
Stock market today: US stocks rise as Fed-favored PCE inflation print hits the mark
Aug 30, 2024, 9:40 AM
The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.
Stock market today: US futures climb as Fed-favored PCE inflation print hits the mark
Aug 30, 2024, 9:34 AM
The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.
Warren Buffett leads Berkshire Hathaway to new heights at age 94
Aug 30, 2024, 9:21 AM
"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight," Oaktree's Howard Marks said.
Is It Better to Stay on Your Parents’ Health Care Plan or Enroll in an Employer’s?
Aug 30, 2024, 9:00 AM
For young adults, the choice isn’t always a straightforward one.
Inflation measure closely watched by the Fed rises 2.5% in July
Aug 30, 2024, 4:33 AM
The Commerce Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at price pressures in the economy.
Fed's preferred inflation gauge shows prices increased in line with Wall Street's expectations in July
Aug 30, 2024, 8:41 AM
The latest inflation reading comes as investors debate how much the Federal Reserve will cut interest rates by in September.
Turbine Blades Have Piled Up in Landfills. A Solution May Be Coming.
Aug 30, 2024, 8:33 AM
Wind power has a waste problem that has been difficult to solve. Turbine blades made from a new plant-based material could make them recyclable.
Disney CEO Iger: I'm 'obsessed' with finding my successor
Aug 30, 2024, 5:44 AM
Disney CEO Bob Iger is searching for his replacement as the company attempts to navigate an uncertain future.
US futures climb as key inflation print looms
Aug 30, 2024, 7:04 AM
The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.
Soaring sausage sales could indicate economic turmoil as consumers turn away from costlier meats
Aug 30, 2024, 2:00 AM
Experts worry that a climb in sausage sales indicates economic turmoil as Americans seek cheaper meat alternatives amid recession fears.
The president’s student loan repayment plan remains suspended after a Supreme Court ruling. Here’s what that means for borrowers.
Harris and Trump Have Differing Plans to Solve Housing Crisis
Aug 30, 2024, 5:05 AM
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Aug 30, 2024, 5:04 AM
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
Silicon Valley Wants to Fight Fires With Fire
Aug 30, 2024, 5:01 AM
How some high-tech entrepreneurs are trying to use new forms of technology to solve the problem of mega-wildfires in the age of climate change.
Nvidia's stumble is hardly a reckoning of AI spending
Aug 30, 2024, 6:00 AM
Nvidia's unique growth story is reliant on the tech platforms' AI aspirations.
Boar’s Head Plant Tied to 9 Listeria Deaths Had Mold, Leaky Pipes and Flies
Aug 30, 2024, 5:07 AM
Federal inspectors cited continuing problems at a deli meat plant in Virginia that was linked to an outbreak of listeria, records indicate.
The Report Card on Guaranteed Income Is Still Incomplete
Aug 30, 2024, 5:04 AM
A three-year analysis of unconditional cash stipends concluded that the initiative has had some success, but not the transformational impact its proponents hoped for.
Intel eyes foundry split, other options to halt losses
Aug 29, 2024, 11:38 PM
(Bloomberg) -- Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsThe company is discussing various scenarios, including