News - 2024-09-11

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Stay informed with the latest market news and analysis.

New chief executive tells staff that a strike would put the embattled firm's "recovery in jeopardy".

A postmaster portrayed in ITV's Post Office drama says many were still waiting to be paid compensation.

Jared Isaacman, the billionaire leading the Polaris Dawn mission, and Sarah Gillis, a SpaceX engineer, exited and re-entered their spacecraft in a test of commercial space technologies.

While 23 years has passed, the 9/11 attacks on New York City's World Trade Center and the U.S. Pentagon, should never be forgotten, nor the thousands of innocent lives lost.

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The TV audience for the Harris-Trump matchup was roughly comparable to the second Trump-Clinton debate in 2016.

Critical national infrastructure status means they will get extra government support during emergencies.

September's seasonal volatility could challenge the Big Tech trade, but one low-volatility ETF is still betting big on it.

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Chemists, pubs and banks made up half of High Street closures in the first six months of 2024, data suggests.

The railroad company’s board said it dismissed Alan Shaw and an executive he had a consensual relationship with.

Another key indicator is the Misery Index. And right now it’s leaning slightly in Harris’s favor.

The three major averages closed higher on Thursday, aided by gains in big tech names.

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Voters are focused on the economy as Election Day on Nov. 5 approaches and American households continue to face strained budgets because of inflationary pressures in recent years.

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August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.

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Kamala Harris is changing her policies to better align with what voters want. Maybe that's a good thing.

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BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.

Stocks saw big swings as investors parse the outcome of the Trump-Harris debate as well as fresh inflation data ahead of the Federal Reserve's meeting on Sept. 18.

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The EasyGroup owner says he will appeal against the ruling, which found there was no infringement

August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.

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Recent market history shows the Federal Reserve typically only starts interest cuts with 50 basis point reductions when the economy is significantly weakening.

The plans would also ban bidding wars and prevent landlords from blocking tenants on benefits or with children.

The Chatbot Will See You Now

Sep 11, 2024, 12:57 PM

Americans are already turning to A.I. for health information in large numbers, new research suggests.

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The Mike Aubrey Group EVP and principal Mike Aubrey explains why housing prices are still high as mortgage rates come down on 'Cavuto: Coast to Coast.'

Kamala Harris is changing her policies to better align with what voters want. Maybe that's a good thing.

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AT&T CEO John Stankey shares his thoughts on the economy as the year nears a close.

Apple and Alphabet-owned Google were both handed defeats by the European Union's top court this week, as the bloc's regulators continue their crackdowns against major tech firms.

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The British government and Tata of India said they would invest 1.25 billion pounds in a plan to convert the steel mill at Port Talbot in Wales to an electric furnace.

The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for whatever reason, isn't cheery.

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Money Map Press chief investment strategist Shah Gilani weighs in on Trump and Harris’ debate performance and its potential impact on the U.S. economy.

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Campbell Soup plans to change its name after 155 years in business as it transitions its portfolio to include more products, the company said on Tuesday.

Price inflation is slowing for many goods, as the Consumer Price Index posted its lowest annual reading in more than three years.

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.

Shares of the parent company of Truth Social, which have traded like a proxy for former President Donald Trump’s election prospects, set a new low for the year.

'Varney & Co.' host Stuart Varney analyzed the performances of Kamala Harris, Donald Trump, and the ABC News moderators at the presidential debate in Philadelphia.

August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.

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The former president played media critic during a Wednesday morning interview on “Fox & Friends.”

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August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.

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Consumer prices in the US rose 2.5% over the 12 months to August, the slowest pace since February 2021.

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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.

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Inflation declined in August to the lowest level since 2021, as prices rose 2.5% from last year. The data boosts the Federal Reserve's case for an interest rate cut next week.

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.

Since mid-July, Berkshire Hathaway has sold more than 174.7 million shares of the Charlotte, North Carolina-based bank for $7.2 billion.

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.

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Bullseye American Ingenuity Fund's Adam Johnson and Payne Capital Management President Ryan Payne analyze the ABC News Presidential Debate's impact on markets and inflation's likely trajectory. (Courtesy: ABC News)

Chase Fisher's experience wearing $5 "beater shades" to a nightclub led him to start Blenders, a sunglasses brand that has since collaborated with Colorado head coach Deion Sanders.

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Ministers say they have reached an "improved deal" to safeguard the future of Tata's Port Talbot plant.

The showdown between Vice President Kamala Harris and Donald Trump was light on policy, but there were still sparks as they laid out different visions for the economy.

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LPL Financial chief technical strategist Adam Turnquist breaks down the market reaction to the ABC News Presidential Debate, and discusses Jamie Dimon's remarks on stagflation.

August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.

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The property listing website said the offer from its Australian rival was 'wholly opportunistic'.

U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs of key categories, like housing, were stubborn.

An immersive article shows readers what a New York Times reporter has tracked for nearly a decade: Robot taxis still need human help.

'The most intense panics on Wall Street have tended to occur during the late summer and early autumn months,' an advisor and author says.

Apple's iPhone event showcased its new AI. But it also underscored the company's current strategy when it comes to new features.

A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.

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The Mega Millions' estimated $800 million jackpot was won in Tuesday night's drawing, with a ticket purchased in Texas matching the winning numbers.

NEW YORK (Reuters) -Investors scrambled to shift their positioning on Wednesday following a closely-watched debate between Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris’ favor after the event. Shares of Trump Media & Technology Group, the company that owns Truth Social, fell 13% on Wednesday afternoon, while other so-called Trump trades such as bitcoin and crypto stocks retreated. In a combative debate late Tuesday, Trump and Harris clashed over everything from the economy to immigration, as each sought a campaign-altering moment in what has been a closely-fought race.

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Solo Cruising: How It Works

Sep 11, 2024, 5:03 AM

As solo cruising becomes more popular, pricing and cabin types are changing. Deals can be found, especially with advance planning, but it takes a little know-how.

Chinese artificial intelligence models may be at least half a year behind those made in the U.S., said Kai-Fu Lee, former head of Google China.

Calmly and firmly, Linsey Davis and David Muir pursued the kind of real-time fact-checking missing from many previous debates.

Rachel Reeves says tough choices will have to be made over tax, spending and welfare.

Campbell Soup set for name change

Sep 11, 2024, 12:35 AM

Executives at the 155-year old firm plan to change its name to reflect its growing line of products.