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Cost of living crisis kicks off the Harris, Trump debate
Sep 10, 2024, 6:59 PM
Former President Trump and Vice President Harris led off their debate with a discussion about the cost-of-living crisis and the impact of inflation on American households.
Polaris Dawn Astronauts in SpaceX Dragon Reach Record Orbit Above Earth
Sep 10, 2024, 9:47 PM
After launching early on Tuesday, the billionaire Jared Isaacman and his crew traveled to altitudes not visited by any astronaut since the Apollo moon missions of the 1960s and ’70s.
Dollar stores getting crushed sends ominous signal about US economy: Consumers are 'tapped out,' expert warns
Sep 10, 2024, 9:32 AM
RFD-TV's Scott Shellady warned the downward trajectory for dollar stores is a bad indicator for the U.S. economy, showing that consumers are "tapped out."
PGA Tour Meets With Saudi Fund in New York to Discuss LIV Golf Deal
Sep 10, 2024, 7:51 PM
More than a year has passed since the tour agreed to a deal with LIV Golf, but there is some hope an in-person gathering in New York could create momentum.
Lyft CEO keeps it real on his stock price compared to Uber
Sep 10, 2024, 7:01 PM
Lyft CEO David Risher says his company is past the turnaround phase.
August CPI is expected to reflect slower inflation
Sep 10, 2024, 3:54 PM
The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration from July's 2.9% annual gain in prices.
Disney investors glued to CEO succession outcome: Analyst
Sep 10, 2024, 6:11 PM
Disney investors will be on the lookout for a new CEO within the next 12 months.
Stock futures are little changed as traders brace for August consumer inflation report
Sep 10, 2024, 6:02 PM
The three major averages made a dramatic comeback from earlier losses after the August consumer inflation report.
Big bank stocks slide as executives temper earnings and digest less onerous capital increases
Sep 10, 2024, 5:12 PM
Big bank executives delivered mostly tempered and cautionary comments around the uncertainty of earnings going forward at a conference hosted by Barclays Monday and Tuesday.
Newman: The old Trump economy isn't coming back
Sep 10, 2024, 4:58 PM
Prices and borrowing costs were lower when Trump was president. But it's a different economy now, and we're not going back.
Oil sinks to lowest levels since 2021
Sep 10, 2024, 2:52 PM
Oil prices resumed their downward trend, hovering near 52-week lows amid weak demand.
Tech leads S&P, Nasdaq higher as banks drag on Dow
Sep 10, 2024, 4:06 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
David Muir and Linsey Davis: Meet the Trump-Harris Debate Moderators
Sep 10, 2024, 3:58 PM
The moderators, David Muir and Linsey Davis, have the difficult task of guiding a high-stakes encounter.
Clash of the titans: Google and US attorneys kick off ad tech trial with clash over defining the market
Sep 10, 2024, 4:00 PM
Are the technologies that power online advertising all part of one giant market, or are there distinct markets within the multibillion-dollar industry? The answer is critical to Google's defense in an antitrust case.
Small business confidence dipped in August amid rising election uncertainty
Sep 10, 2024, 11:36 AM
Confidence among U.S. small business owners fell in August, wiping out gains in July, as persistent inflation and rising uncertainty ahead of November's election weigh on optimism.
Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired
Sep 10, 2024, 3:41 PM
More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.
QI Research CEO and chief strategist Danielle DiMartino Booth discusses the growing credit challenges Americans face on 'Making Money.'
Stock market today: Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms
Sep 10, 2024, 3:00 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Why Apple is playing it safe on Apple Intelligence
Sep 10, 2024, 2:29 PM
Apple’s iPhone 16 line hits store shelves on Sept. 20, and while the new phones get some impressive hardware upgrades, their biggest selling point isn’t the Pros’ larger displays or the lineup’s Camera Control button. It’s the generative AI-powered Apple Intelligence software platform.
Global Investments senior portfolio manager Thomas Martin gives his top semiconductor stock picks on 'The Claman Countdown.'
Barron's market reporter Jacob Sonenshine reacts to Apple and Google owing billions in back taxes and fines after the European Union's top court ruled against them on 'Varney & Co.'
Starbucks CEO Brian Niccol debuts new US plan to keep you in stores longer
Sep 10, 2024, 9:19 AM
Starbucks CEO Brian Niccol is narrowing his focus on the company's U.S. business during his first days at the helm of the coffee giant. Part of his focus will be making stores more inviting.
An American Sovereign Wealth Fund? Easier Said Than Done.
Sep 10, 2024, 1:19 PM
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up.
The Wall Street Journal editorial board's Allysia Finley analyzes the Golden State's growing blackout concerns and consequences of other California policy.
Delta Planes Collide on Atlanta Airport Tarmac
Sep 10, 2024, 12:34 PM
The incident involving two planes getting ready to take off was the latest in a series of mishaps and near accidents at the country’s airports.
Stock market today: Stocks fall in whipsaw trading action as inflation report looms
Sep 10, 2024, 12:31 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Sony reveals much more expensive and powerful PlayStation 5 Pro
Sep 10, 2024, 11:40 AM
UK gamers will have to shell out £699.99 when the upgraded console launches on 7 November.
Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Sep 10, 2024, 12:02 PM
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
JPMorgan Chase shares drop nearly 7% after bank tempers guidance on net interest income
Sep 10, 2024, 11:58 AM
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high.
Volkswagen Quits Labor Agreement, Paving Way for Job Cuts
Sep 10, 2024, 11:50 AM
A week after the automaker announced it was considering closing factories in Germany, the company said it was exiting a labor contract that protected workers from layoffs.
Wall Street is cutting Q3 earnings estimates — why that's 'not a cause for worry'
Sep 10, 2024, 11:48 AM
More than halfway through the third quarter, Wall Street strategists believe earnings projections are showing "resilience."
The Fed scales back proposal for bank capital requirements
Sep 10, 2024, 11:53 AM
The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after politicians and the banking industry pushed back on the initial plan, warning it could restrict lending and hurt the economy.
The Fed scales back proposal for bank capital requirements
Sep 10, 2024, 10:23 AM
The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after politicians and the banking industry pushed back on the initial plan, warning it could restrict lending and hurt the economy.
Scott Shellady on dollar stores' poor market performance, what it signals for the economy going forward and Google facing a massive antitrust fine.
After Fierce Lobbying, Regulators Soften Proposed Rules on Banks
Sep 10, 2024, 11:03 AM
A top Federal Reserve official said blowback to proposed rules on capital requirements had led him to “relearn the lesson of humility.”
Stock market today: Nasdaq edges higher, Dow falls as inflation report looms
Sep 10, 2024, 11:02 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Bank of America ups minimum hourly pay to $24
Sep 10, 2024, 6:34 AM
The new rate, announced on Tuesday, represents a $1-per-hour increase for all full- and part-time hourly Bank of America workers in the United States.
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
Sep 10, 2024, 10:37 AM
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to increase its profits.
Southwest Chair Gary Kelly to step down amid activist pressure
Sep 10, 2024, 4:33 AM
Southwest Airlines Executive Chairman and former CEO Gary Kelly announced his intention to retire after the carrier's annual meeting next year amid activist investor pressure.
It's not always 'a sexy thing' to be a millionaire, former NFL linebacker Brandon Copeland says. Here's why
Sep 10, 2024, 10:02 AM
Brandon Copeland is a former NFL player turned financial coach. He wrote a new book that serves as a personal finance "playbook."
Federal Reserve unveils toned-down banking regulation in victory for Wall Street
Sep 10, 2024, 10:00 AM
Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.
Harris Economic Plan Focuses on Prices, a Key Vulnerability
Sep 10, 2024, 9:54 AM
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
Nicholas Wealth Management President David Nicholas discusses whether 'attacks' on Google and Apple by the EU will impact Big Tech stock prices on 'Varney & Co.'
GB News owner buys Spectator magazine for £100m
Sep 10, 2024, 9:31 AM
The right-leaning political magazine has been sold to the hedge fund tycoon Sir Paul Marshall.
Stock market today: S&P 500, Nasdaq edge higher as inflation report looms
Sep 10, 2024, 9:35 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Would Trump's extreme tariff plan help or hurt Musk?
Sep 10, 2024, 8:22 AM
No one can predict the ultimate outcome of higher U.S. tariffs, a messy endeavor that can hurt as well as help the nation’s tech firms.
The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Sep 10, 2024, 8:12 AM
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing British magazine in a deal worth about $131 million.
Stock market today: S&P 500, Dow futures waver as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Predicting TV Ratings for the Presidential Debate Between Trump and Harris
Sep 10, 2024, 8:00 AM
A semi-scientific theory about how many Americans will tune in to watch Kamala Harris and Donald Trump on Tuesday night.
What Wall Street Wants to Hear at the Presidential Debate
Sep 10, 2024, 7:41 AM
Taxes, tariffs, trade and regulation: Business leaders have a long list of topics they want addressed in Tuesday’s presidential showdown.
Stock market today: S&P 500, Dow futures slip as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: S&P 500, Dow poised to lose hold of hefty gains as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Sep 10, 2024, 6:30 AM
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
Trump, Harris tout tax plans ahead of presidential debate
Sep 10, 2024, 2:00 AM
Former President Trump and Vice President Harris have been rolling out new elements of their tax plans in the days leading up to their presidential debate in Philadelphia on Tuesday.
Nvidia's biggest stock market impact 'may be behind' us
Sep 10, 2024, 6:00 AM
Updates on the health of the US economy and what it could mean for the Federal Reserve, not Nvidia and the AI trade, appear to be moving the markets the most headed into the fall.
EU court rules Google must pay €2.4bn fine
Sep 10, 2024, 4:00 AM
Google loses its appeal against the fine, handed down for its shopping comparison service.
For Trump, Tariffs Are the Solution to Almost Any Problem
Sep 10, 2024, 5:04 AM
The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake
Sep 10, 2024, 5:02 AM
Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.
Stocks waver as CPI data, rate decisions loom
Sep 10, 2024, 3:23 AM
(Bloomberg) -- A rally in the world’s biggest technology companies lifted stocks, countering a slew of cautious comments from American bank executives that sent financial shares tumbling.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025After a Record Hot Summer, Pressure Grows for A/C MandatesUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainTes
Americans are balking at buying a new EV
Sep 9, 2024, 3:06 PM
In another blow to America’s EV transition, buyers are balking at purchasing a new EV.
Google and Apple Lose Appeals in Landmark E.U. Cases
Sep 10, 2024, 4:17 AM
The cases had established the European Union as the world’s leading tech watchdog, but have since raised questions about its protracted appeals process.
Apple told to pay back €13bn in tax by EU
Sep 10, 2024, 4:05 AM
The European Court of Justice upheld a 2016 decision that said Apple received unlawful aid from Ireland.
State pension set to rise by £460 next year
Sep 10, 2024, 2:13 AM
The latest figure comes as the government faces a backlash over cutting winter fuel payments for most pensioners.
China’s Huawei Hopes to Keep Its Momentum With a ‘Trifold’ Phone
Sep 10, 2024, 12:53 AM
The latest announcement from Apple’s China rival came just hours after the unveiling of iPhone 16.
SpaceX’s Polaris Dawn Launch: What to Know and How to Watch
Sep 10, 2024, 12:01 AM
The mission is taking people farther from Earth than anyone has traveled since the end of NASA’s Apollo moon missions.