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Boeing union hits out over 'final' 30% pay rise offer
Sep 23, 2024, 10:04 PM
More than 30,000 Boeing workers went on strike earlier this month after rejecting a 25% pay rise offer.
Elon Musk Hails Italian Leader Giorgia Meloni at Awards Ceremony
Sep 23, 2024, 9:34 PM
Mr. Musk described Prime Minister Giorgia Meloni as “authentic, honest and thoughtful.” She used her Atlantic Council spotlight to defend Western values.
China's central bank chief set to hold press conference days after Fed rate cut
Sep 23, 2024, 8:29 PM
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.
Safe Hands: 'No money and no answers' two years after funeral firm's collapse
Sep 23, 2024, 7:03 PM
Margaret and David Fee paid thousands for funeral plans, then discovered the company they used had collapsed.
CrowdStrike: What was the impact of the global IT outage
Sep 23, 2024, 7:18 PM
Cancer delays, holidays ruined, businesses out of pocket - the CrowdStrike outage examined.
Mangroves: The challenge of preserving coastal forests
Sep 23, 2024, 7:09 PM
To help preserve mangrove forests researchers have to take on demanding field work.
Justice Dept. Plans Antitrust Lawsuit Against Visa
Sep 23, 2024, 7:07 PM
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
Ex-Harrods boss saw 'abhorrent' behaviour from Fayed
Sep 23, 2024, 7:02 PM
James McArthur says he was not aware of sexual abuse at Harrods, including a police investigation
Superdry boss says UK should make Shein pay more tax
Sep 23, 2024, 7:00 PM
The fashion giant gets an unfair tax break because it ships items direct to customers, Julian Dunkerton says.
America needs to ‘build, baby, build’ to fix the housing crisis, Moody’s says
Sep 23, 2024, 3:57 PM
“Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.”
Government Watchdog Calls F.A.A. Air Traffic Control Systems Critically Outdated
Sep 23, 2024, 6:51 PM
A report by the Government Accountability Office said that the agency’s heavy reliance on the systems could jeopardize the safety and efficiency of the nation’s airspace.
Attention Kmart shoppers: The last full-size Kmart in the mainland United States is closing
Sep 23, 2024, 4:12 PM
Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States.
California sues ExxonMobil over plastics recycling 'deception'
Sep 23, 2024, 5:13 PM
The US state alleges in a first-of-its-kind lawsuit that the oil giant misled the public on recycling.
Stock futures are flat after Dow closes at a fresh record: Live updates
Sep 23, 2024, 6:04 PM
The major averages rose modestly on Monday, bringing the S&P 500 and the Dow to record closes.
Boeing makes 'final' offer of 30% wage increase to striking workers
Sep 23, 2024, 5:10 PM
Boeing is offering its striking union workers a 30% pay increase over a four-year period in what the company said was its "best and final" offer in ongoing contract talks.
White House proposes ban on Chinese tech in US cars
Sep 23, 2024, 4:58 PM
The Biden-Harris administration proposed a new regulation to prohibit auto software and hardware made in China from being used in cars on U.S. roads over national security concerns.
SEC commissioner previews Capitol Hill grilling of Chair Gary Gensler
Sep 23, 2024, 4:40 PM
The House Financial Services Committee will grill all five members of the Securities and Exchange Commission, including Chairman Gary Gensler this week.
Stock market today: Dow, S&P 500 eke out record closes as stocks extend September rally
Sep 23, 2024, 4:01 PM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers
Sep 23, 2024, 3:54 PM
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.
Power The Future founder and executive director Daniel Turner argues the coming nuclear age can solve America's electricity problems on 'Making Money.'
GM stock drops on Bernstein downgrade. The problem: 'Earnings headwinds' and cost concerns.
Sep 23, 2024, 3:05 PM
After a steep run-up in GM stock, Bernstein analysts are warning investors to take caution.
CFRA chief investment strategist Sam Stovall analyzes the market's reaction to the Fed's 50 basis point rate cut on 'Making Money.'
Harris vows to 'encourage' crypto in speech to Wall Street donors
Sep 23, 2024, 2:21 PM
Vice President Kamala Harris extended a nod to the cryptocurrency industry in a speech to Wall Street donors over the weekend, where she promised to "encourage" digital assets.
Microsoft stock receives rare downgrade as analyst says it's 'beholden' to Nvidia
Sep 23, 2024, 2:25 PM
Microsoft's AI lead is diminishing, and it is too reliant on Nvidia, say D.A Davidson analysts.
FTC Chair Lina Khan defends merger and acquisition crackdown
Sep 23, 2024, 1:46 PM
Federal Trade Commission Chair Lina Khan defended the FTC's crackdown on mergers and acquisitions, arguing that her agency has to protect competition in the marketplace.
Tesla stock pops amid bullish sales forecast as robotaxi unveiling looms
Sep 23, 2024, 2:12 PM
Tesla stock rose ahead of robotaxi day, boosted by Barclays analyst who expects higher third-quarter deliveries.
DJT stock plummets to new lows after lockup period expires
Sep 23, 2024, 1:48 PM
Trump maintains a roughly 60% stake in Trump Media & Technology Group, which trades on the Nasdaq under the ticker symbol "DJT."
How Intel became a takeover target
Sep 23, 2024, 1:19 PM
Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent years has left the company in a vulnerable position.
Can Math Help AI Chatbots Stop Making Stuff Up?
Sep 23, 2024, 11:11 AM
Chatbots like ChatGPT get stuff wrong. But researchers are building new A.I. systems that can verify their own math — and maybe more.
Will A.I. Be a Bust? A Wall Street Skeptic Rings the Alarm.
Sep 23, 2024, 11:10 AM
Jim Covello, Goldman Sachs’s head of stock research, warned that building too much of what the world doesn’t need “typically ends badly.”
Southwest warns employees of 'difficult decisions' ahead: report
Sep 23, 2024, 11:45 AM
The remarks come amid pressure from activist investor Elliott Investment Management, which has advocated for numerous changes at Southwest to improve its financial performance.
'Global Mansion' host and real estate expert Katrina Campins gives best tips for strengthening your housing portfolio and weighs market impacts under a future Trump or Harris administration.
UBS managing director and senior portfolio manager Jason Katz says the Federal Reserve is still warding off a recession and that gold could be a hedge for geopolitical factors.
Travis Scott Has No. 1 Album, After Close Loss to Sabrina Carpenter
Sep 23, 2024, 11:40 AM
The “Days Before Rodeo” rerelease is the rapper’s fourth title to reach the top.
Selfridges boss denies knowledge of Fayed allegations
Sep 23, 2024, 11:06 AM
Andre Maeder says he did not know about Mohamed Al Fayed’s alleged sexual assaults during the six years he worked at Harrods.
Data shows US economy pacing for 'healthy' growth — but new 'headwinds' loom
Sep 23, 2024, 10:55 AM
The latest updates on activity in the services and manufacturing sectors showed the US economy is still pacing for solid growth in the third quarter.
Payne Capital Management President Ryan Payne argues the Fed is 'adding gasoline to the fire' during his appearance on 'Varney & Co.'
Stock market today: US stocks nudge higher with Fed speakers, inflation in focus
Sep 23, 2024, 10:51 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
US to ban Chinese tech in cars
Sep 23, 2024, 10:42 AM
Officials say they are worried the technology could allow enemies to "remotely manipulate cars".
Circle Squared Alternative Investments founder Jeff Sica discusses solutions to the nation's housing crisis on 'Varney & Co.'
Piper Sandler chief global economist Nancy Lazar weighs in on the impact of the Fed's rate cut, the upcoming release of economic data and companies pulling back on CapEx.
Goya Foods President and CEO Bob Unanue discusses Kamala Harris' economic proposals, Latino voters, the state of the economy and details his new book, 'Blessed: Donald J. Trump and The Spiritual War.'
Stock market today: US stocks nudge higher in wait for Fed speakers, key inflation print
Sep 23, 2024, 9:36 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Intel stock jumps after reports of possible Apollo investment
Sep 23, 2024, 9:30 AM
Intel stock jumped on reports of a potential deal with Apollo Global Management.
Stock market today: US stocks nudge higher in wait for Fed speakers, key inflation print
Sep 23, 2024, 9:36 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Is the Budget bite going to be rather less painful than its bark?
Sep 23, 2024, 9:34 AM
The chancellor’s speech at the Labour conference was a clear change in tone from the government on the economy.
Intel stock jumps after reports of possible Apollo investment
Sep 23, 2024, 9:30 AM
Intel stock jumped on reports of a potential deal with Apollo Global Management.
Last full-size Kmart in US to close
Sep 23, 2024, 9:03 AM
The last full-size U.S. Kmart store location, which is in New York, is reportedly set to close in October 2024, leaving only one smaller store remaining.
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Sep 23, 2024, 9:00 AM
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.
Union boss questions Amazon's public contracts
Sep 23, 2024, 8:45 AM
GMB general secretary Gary Smith accuses the online giant of using "despicable" tactics.
Biden Administration Proposes Ban on Chinese Software in Vehicles
Sep 23, 2024, 8:46 AM
Federal officials acknowledged that few Chinese vehicles were on U.S. roads now, but said that the administration wanted to take proactive measures to strengthen national security.
It will take more than just a drop in interest rates to save the housing market
Sep 23, 2024, 8:34 AM
The Federal Reserve’s interest rate cut last week has given prospective homebuyers something to celebrate: lower borrowing costs.
Apollo to Offer Multibillion-Dollar Investment in Intel
Sep 23, 2024, 8:06 AM
(Bloomberg) -- Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.Most Read from BloombergThe Moonshot Plan to Eliminate Deaths on America’s RoadsAOC Proposes $30 Billion Social Housing AuthorityBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportNew York City’s Transit System Plans $65
Saphyre Vice Chairman Wolfgang Koester expects another rate cut in November and 'negative' economic data this week.
Former Energy Secretary Rick Perry slams Biden-Harris admin's energy policies
Sep 23, 2024, 6:00 AM
Former Texas Governor Rick Perry criticized the Biden-Harris administration's energy policies, including the cancellation of the Keystone XL pipeline and energy projects in Alaska.
Intel’s Chips Are on the Table
Sep 23, 2024, 8:03 AM
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep an eye on any deal in such a strategically important sector.
New front in lenders' battle for first-time buyers
Sep 23, 2024, 7:30 AM
The UK's biggest building society will let some first-time buyers borrow up to six times their income.
Stock market today: US futures hold steady in wait for Fed speakers, key inflation print
Sep 23, 2024, 6:37 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Stock market today: Dow futures hold near record high as stocks steady ahead of Fed reality check
Sep 23, 2024, 6:37 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Stock market today: Dow futures hold near record high as stocks steady ahead of Fed reality check
Sep 23, 2024, 6:37 AM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Former Energy Secretary, Rick Perry, slams Bxiden-Harris admin's energy policies
Sep 23, 2024, 6:00 AM
Former Texas Governor Rick Perry criticized the Biden-Harris administration's energy policies, including the cancellation of the Keystone XL pipeline and energy projects in Alaska.
Post Office scandal: Horizon still causing shortfalls
Sep 23, 2024, 5:02 AM
Survey finds some sub-postmasters are using their branch money to plug gaps as the scandal inquiry re-starts.
Tourism and Water Shortages on the Greek Islands: A Delicate Balance
Sep 23, 2024, 5:02 AM
As climate change brings water shortages to vacation hot spots, we look at Greece’s tourism-dependent islands, where residents sometimes compete with visitors for a dwindling supply.
ISG collapse 'devastating' for construction industry
Sep 23, 2024, 3:56 AM
It could lead to other firms in the supply chain going under, a trade body says.
Could Altering Ocean Chemistry Help Slow Global Warming?
Sep 23, 2024, 3:00 AM
By tweaking the chemistry of rivers and oceans, humans could remove billions of tons of carbon dioxide from the air. But huge challenges loom.
Aldi price match at Tesco - dozens of goods not like-for-like
Sep 23, 2024, 1:01 AM
Some Tesco price-matches have lower proportions of the main ingredient than Aldi's, BBC Panorama finds.