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Momentum Advisors managing partner Allan Boomer discusses what the upcoming CPI numbers could tell investors and what the Fed could do in response on 'Making Money.'
'AI supercycle' is just getting started, says AMD's CEO
Sep 9, 2024, 6:23 PM
AMD CEO Lisa Su sets the table for a host of new AI chip rollouts.
Here's the 'magical' moment Goldman Sachs sees for tech stocks
Sep 9, 2024, 8:11 PM
Bring on lower interest rates and a faster pace of innovation, says one of Goldman's top tech analysts.
Cleveland Browns Quarterback Deshaun Watson Accused of Sexual Assault
Sep 9, 2024, 7:38 PM
In a lawsuit filed Monday, a woman said the N.F.L. quarterback, who faced numerous accusations of sexual misconduct several years ago, assaulted her in 2020.
Could powerful lasers unlock cheap fusion power?
Sep 9, 2024, 7:07 PM
A Denver-based start-up plans to use powerful lasers to spark a fusion reactor.
Newman: The oil shock that hasn't happened
Sep 9, 2024, 3:35 PM
Iran is still threatening another major attack on Israel. Energy traders seem unconcerned.
'Grim' September ahead with 6,000 steel and oil jobs to go
Sep 9, 2024, 6:59 PM
The BBC understands the government is bracing itself for a tough month as workers face losing their jobs
Intel faces 'uphill battle' as its stock hovers near record lows: Goldman Sachs analyst
Sep 9, 2024, 6:36 PM
The inflection point for Intel can't be seen just yet, says Goldman Sachs.
Jorge Ramos to Leave Univision After 40 Years at the Network
Sep 9, 2024, 6:11 PM
TelevisaUnivision announced on Monday that Mr. Ramos and the network had mutually agreed not to renew his contract.
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
Sep 9, 2024, 6:09 PM
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
Stock futures inch higher after S&P 500 posts first winning day in September
Sep 9, 2024, 6:02 PM
The S&P 500 rose, posting a second positive day in a difficult September.
Nvidia stock sell-off is overdone, Goldman Sachs analyst says
Sep 9, 2024, 5:42 PM
Nvidia's sell-off is overblown, according to a semiconductor analyst with Goldman Sachs.
Maria E. Redo, Who Won Discounts for Older Adults, Dies at 99
Sep 9, 2024, 5:21 PM
She started a nonprofit in New York City in 1971 by asking stores if they would offer reduced prices for people 65 and over. Thousands of retailers said yes.
Apple banks on AI to boost sales of its new iPhone
Sep 9, 2024, 5:16 PM
The firm says its new handset has been built for artificial intelligence as it looks to regain its edge.
Disney 'playing hardball' with DirecTV as MNF looms
Sep 9, 2024, 4:44 PM
A contract dispute between Disney and DirecTV continued into its second week on Monday as subscribers remain without access to ESPN, ABC, and other Disney-owned channels.
Stocks jump in bounce back from worst week of 2024
Sep 9, 2024, 4:04 PM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Consumers see inflation easing, anxious about job market, personal debt: NY Fed survey
Sep 9, 2024, 11:47 AM
A new report by the New York Federal Reserve found that consumers see inflation leveling off and have mixed views about the labor market, as well as worries about household debt.
Dow, S&P 500 jump as stocks mount a rebound
Sep 9, 2024, 3:37 PM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Company plans to track workers' locations in return-to-office crackdown
Sep 9, 2024, 10:43 AM
PwC, one of the biggest global consulting and accounting firms, is implementing a stricter return-to-office policy. The company plans to track employees' locations.
Apple launches iPhone 16 with Apple Intelligence
Sep 9, 2024, 2:45 PM
Apple debuted its newest iPhones during its annual September event on Monday.
Jamie Heller to Be Next Top Editor of Business Insider
Sep 9, 2024, 2:42 PM
Ms. Heller spent two decades at The Wall Street Journal, most recently leading corporate coverage.
Madison Ventures+ managing partner Mitch Roschelle reacts to latest developments with the alleged gang-controlled apartment complex in Colorado and Florida's condo market in correction mode.
How do the Post Office compensation schemes work?
Jan 11, 2024, 7:27 AM
More than 4,000 people caught up in the Horizon scandal are trying to obtain remuneration for their suffering.
UBS managing director and senior portfolio manager Jason Katz discusses the financial impact of Kamala Harris' capital gains tax plan on 'Varney & Co.'
Consumer tech expert Katie Linendoll discusses Apple's new iPhone 16 on 'Cavuto: Coast to Coast.'
Apple Watch Series 10 has larger displays, sleep apnea detection
Sep 9, 2024, 1:30 PM
Apple unveiled a new Apple Watch Series 10 with improved displays and health tracking.
EU facing existential risk without investment - report
Sep 9, 2024, 11:59 AM
The long-awaited report paints a bleak picture days ahead of the EU's new top team being confirmed.
Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
Sep 9, 2024, 12:38 PM
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grappled with competition from China.
No further pensioner support over winter fuel - No 10
Sep 9, 2024, 11:42 AM
Some Labour MPs are uneasy over the move to scrap winter fuel payments for millions of pensioners.
Mercer Global chief investment strategist Rich Nuzum analyzes the end of a busy week in the European markets and which global sectors are most profitable.
Criminal Charge Against Andrew Left of Citron Research Unsettles Short Sellers
Sep 9, 2024, 11:59 AM
Andrew Left is fighting a range of criminal and civil charges related to his trading practices, and other investors who make money by betting on a decline in stock prices are watching closely.
Constellation Research founder R 'Ray' Wang discusses the significance of Apple's iPhone 16 event on 'Varney & Co.'
'Varney & Co.' host Stuart Varney argues that voters don't trust a candidate who has been 'rapidly invented' like Kamala Harris.
A lockup provision has kept him from being able to sell Trump Media shares. With that prohibition about to expire, the price is down more than 70 percent from its peak.
Ministers set to agree £500m Tata Steel subsidy
Sep 9, 2024, 10:45 AM
Labour ministers will announce they are matching the previous government's commitment for the site.
Trump vs. Harris: The economic debate topics to watch for
Sep 9, 2024, 10:29 AM
Tuesday's debate could be a moment where, one way or another, the two candidates shed light on the economic issues that voters often list as their top concern.
Investor's Business Daily executive editor Alissa Coram discusses whether the 'down' stock market is due for a bounce this week on 'Varney & Co.'
Trump has lost $4B in Truth Social wipeout
Sep 9, 2024, 8:16 AM
Former President Donald Trump’s social media company is in a deep slump that keeps getting worse, wiping out a huge chunk of his net worth.
Rep. Jason Smith, R-Mo., looks ahead to Tuesday's ABC News Presidential Debate and potential funding bill solutions.
Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep losses
Sep 9, 2024, 9:32 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Stock market today: Dow, S&P 500 rise as stocks mount a comeback from deep losses
Sep 9, 2024, 9:32 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Fundstrat Global Advisors managing director Mark Newton argues the tech sector remains strong, while others struggle to meet bull market tops.
Rep. Michael McCaul, R-Texas, details findings from a new report on the Afghanistan withdrawal and latest tensions between China and Taiwan.
Hedge Fund Pushes for End of Murdochs’ Control at News Corp
Sep 9, 2024, 8:38 AM
Starboard Value, a fund that takes stakes in companies and agitates for changes, said political disagreements among Rupert Murdoch’s children could be “paralyzing” for the media firm.
Big Lots files for bankruptcy, will close some stores amid sale to investment firm
Sep 9, 2024, 3:37 AM
Months after Big Lots publicly announced signs of trouble, the home goods and seasonal retailer is selling its business as it starts bankruptcy proceedings.
Asda workers hold rally as equal pay case begins
Sep 9, 2024, 7:49 AM
The supermarket chain's staff gather to mark the start of an equal pay case involving 60,000 workers.
Horizon Investments CIO Scott Ladner and Aquinas Wealth Advisors President Chris McMahon analyze the market's latest 'paradox' as well as Boeing and Alphabet stocks, respectively.
Google’s Next Antitrust Battle
Sep 9, 2024, 7:30 AM
The tech giant has lost a series of legal fights that investors have largely shrugged off. But a new trial over its advertising business could carry big consequences.
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
Sep 9, 2024, 7:23 AM
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.
Asos shoppers hit out at new returns £3.95 charge
Sep 9, 2024, 7:18 AM
The company said it was introducing a charge for customers with a "frequently high return rate".
Stock market today: Dow, S&P 500 gear up for recovery after steep losses
Sep 9, 2024, 6:58 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
TJM Institutional Services director James Iuorio cautions that there's more 'uncertainty' to hit markets amid the presidential election and the Federal Reserve's next rate decision.
British Country House Hotels, Without the Folderol
Sep 9, 2024, 5:02 AM
The Pig boutique hotels offer a casual take on the country house experience, with local food and muddy boots. They’ve just opened two new spots in the Cotswolds.
Greed, Gluttony and the Crackup of Red Lobster
Sep 9, 2024, 5:01 AM
How missed opportunities, a $1.5 billion real estate deal, all-you-can-eat shrimp and the global pandemic sank the country’s largest seafood chain.
Apple Introduces New iPhones with A.I. Features
Sep 9, 2024, 3:00 AM
On Monday, the company will introduce smartphones with A.I. features that could take the technology mainstream or sow fresh doubts about its viability.
Google’s Ad Technology to Be Challenged in Second Antitrust Trial
Sep 9, 2024, 3:00 AM
In a second antitrust trial that starts on Monday, the Justice Department has called for a breakup of the tech giant, which it says controls the vast majority of online advertising.
Google’s Legal Scorecard Before New Antitrust Fight
Sep 9, 2024, 3:00 AM
How the tech giant has fared in its major legal battles across the U.S. and Europe so far.
Traders keep half an eye on CPI as jobs fear outweighs inflation
Sep 9, 2024, 4:52 AM
(Bloomberg) -- For two years since the Federal Reserve started its aggressive fight against inflation, equity traders have been glued to their screens on days when the consumer price index was reported.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the
To Reverse Economic Decline, Europe Must Overhaul Its Strategy, Report Says
Sep 9, 2024, 5:04 AM
The European Union, facing a shrinking share of the global economy, needs to increase its spending by nearly $900 billion a year, according to a long-awaited report from Mario Draghi.
Allegations mount against India market regulator amid bull run
Sep 9, 2024, 3:48 AM
The head of India’s market regulator denies any conflict of interest in her activities.
What to expect from the Apple iPhone 16 event
Sep 8, 2024, 8:18 AM
Apple will hold its annual iPhone event on Monday, Sept. 9. Here's what you can expect from the show.
Exposing a Hospital Chain’s Disturbing Practices
Sep 9, 2024, 3:00 AM
Jessica Silver-Greenberg and Katie Thomas spent months looking into a psychiatric hospital chain that held some people against their will for financial reasons, not medical ones.
Aldi shoppers treat themselves as cost pressures ease
Sep 9, 2024, 2:15 AM
The supermarket reveals it made an extra £2.4bn in sales in 2023, despite now facing a slowdown in growth.