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Andy Litinsky and Wes Moss Have Unloaded Their Trump Media Stock
Sep 26, 2024, 6:05 PM
Two former “Apprentice” contestants who helped found Truth Social have sold their nearly 6 percent stake in Trump Media & Technology Group.
OpenAI CFO tells investors funding round should close by next week despite executive departures
Sep 26, 2024, 11:28 PM
OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.
How pen and paper comes to the rescue in an IT crisis
Sep 26, 2024, 7:04 PM
Firms are advised to practise operating with pens and paper in case of a computer meltdown.
Daily Telegraph tipped to go to US bidder at auction
Sep 26, 2024, 7:01 PM
British-born Dovid Efune who owns the New York Sun is considered by several parties as the frontrunner.
F.D.A. Approves a New Antipsychotic Drug
Sep 26, 2024, 6:47 PM
Available antipsychotic treatments work by blocking dopamine receptors. The new drug, Cobenfy, takes a different approach.
Stock futures are little changed as traders brace for Fed’s preferred inflation reading: Live updates
Sep 26, 2024, 6:05 PM
Thursday's trading session ended on a strong note, with the S&P 500 closing at fresh record for the third time this week.
Acadia Hospitals Reach $20 Million Settlement With Justice Dept.
Sep 26, 2024, 6:07 PM
The F.B.I. is also investigating the large chain of psychiatric hospitals for holding patients longer than what is medically necessary.
LARRY KUDLOW: Big government socialism is a failure
Sep 26, 2024, 5:19 PM
FOX Business host Larry Kudlow calls out Vice President Kamala Harris' economic plan for making the U.S. uncompetitive on "Kudlow."
Production Linked to Neil Gaiman Is Halted Amid Sexual Assault Claims
Sep 26, 2024, 5:34 PM
The British author of dozens of literary works has denied the allegations that five women made against him on a podcast series.
Naftali Group chairman and CEO Miki Naftali discusses the insurance cost as Hurricane Helene makes its way to the Gulf Coast on 'The Claman Countdown.'
Howard Lutnick makes the argument for a Trump economy: Harris 'will literally kill' American business
Sep 26, 2024, 4:00 PM
Cantor Fitzgerald CEO Howard Lutnick argues Trump's tariff and tax plan was "amazing" for the U.S. economy while Kamala Harris' campaign platform "will literally kill" capitalism.
As Strike Looms, Port Operators Ask Regulator to Force Dockworkers to Negotiate
Sep 26, 2024, 4:07 PM
The group that represent port terminal operators said the International Longshoremen’s Association was refusing to negotiate a new contract before a Monday deadline.
Treasury reconsidering Labour's plan for non-dom tax status
Sep 26, 2024, 4:06 PM
This is on account of concerns over how much money will be raised, should wealthy foreigners simply leave the UK.
Stock market today: S&P 500 clinches fresh record amid GDP data, chip stock gains
Sep 26, 2024, 4:09 PM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Newsmax and Smartmatic Settle Defamation Case Over 2020 Election
Sep 26, 2024, 3:51 PM
Jury selection in the case began on Thursday morning, and the trial had been expected to take up to four weeks.
Allspring Global Investments head of equities Ann Miletti analyzes the equity market and discusses investing around elections on 'Making Money.'
'Making Money' host Charles Payne explains why investing with a crystal ball won't make you rich.
The Global Threat of Antibiotic Resistance
Sep 26, 2024, 3:23 PM
International health experts have begun to shift their focus to try to provide access to basic drugs in countries where preventable deaths from infections occur too frequently.
Port employers file labor complaint against dockworkers seeking to resume negotiations as strike looms
Sep 26, 2024, 2:49 PM
Employers at East and Gulf Coast ports filed an unfair labor practice complaint against the dockworkers' union in an effort to restart negotiations and prevent a potential strike.
Kaltbaum Capital Management President Gary Kaltbaum discusses China's stimulus measures and reveals which technology stocks he's buying on 'Making Money.'
Super Micro Computer stock plunges on report of DOJ probe
Sep 26, 2024, 2:55 PM
Super Micro Computer stock dropped Thursday on a media report that the US Department of Justice is investigating the company for potential accounting violations.
Super Micro Computer stock plunges on report of DOJ probe
Sep 26, 2024, 2:55 PM
Super Micro Computer stock dropped Thursday on a media report that the US Department of Justice is investigating the company for potential accounting violations.
Lloyd Macklowe, Leading Purveyor of Art Nouveau, Is Dead at 90
Sep 26, 2024, 2:29 PM
He and his wife began buying pieces to furnish their apartment. They wound up with a museum-quality collection and a pre-eminent retail business.
Car dealerships expected to feel effects of port strike: Have repairs done now, expert says
Sep 26, 2024, 1:43 PM
The strike that is expected to begin next week if dockworkers at ports throughout the East and Gulf coasts are unable to negotiate a new contract will impact car dealers.
Pacer ETFs Distributors President Sean O'Hara analyzes the stock market as geopolitical circumstances continue to trouble investors.
5 Moments of Joy From Hoda Kotb’s Run on ‘Today’
Sep 26, 2024, 1:35 PM
The morning show host announced that she’s stepping down after more than 25 years at NBC filled with laughter, tears and the occasional glass of wine.
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
Sep 26, 2024, 1:11 PM
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
Harris Now Has an Economic Plan. Can It Best Trump’s Promises?
Sep 26, 2024, 12:27 PM
A central question in the final stretch of the election is if Vice President Kamala Harris’s proposals will cohere into an economic argument that can top former President Donald J. Trump’s.
30-year mortgage rate hits 2-year low
Sep 26, 2024, 12:30 PM
The average rate on a 30-year fixed-rate mortgage remained nearly unchanged this week but reached its lowest level in two years.
30-year mortgage rate hits two-year low
Sep 26, 2024, 12:16 PM
The average rate on a 30-year fixed-rate mortgage was nearly unchanged this week but managed to reach the lowest level in two years,
Stock market today: S&P 500, Nasdaq gain as US GDP data, chip stocks lift mood
Sep 26, 2024, 12:00 PM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Long-term mortgage rates drop to 2-year low
Sep 26, 2024, 12:03 PM
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022.
Postal Service eyes 5 stamp price changes by end of 2027
Sep 26, 2024, 11:53 AM
The U.S. Postal Service is looking to change stamp prices five times in the next few years, the agency indicated in a filing with the Postal Regulatory Commission.
Will Francis Ford Coppola’s “Megalopolis” Flop?
Sep 26, 2024, 11:17 AM
Mr. Coppola has spent $120 million on his new movie, “Megalopolis.” Most box office analysts predict that he’ll get far less in return.
Mira Murati’s Departure Is the Latest Drama at OpenAI
Sep 26, 2024, 8:16 AM
More high-level departures caught some at the high-flying A.I. start-up off guard, as the company seeks to raise billions to fund its operations and ambitious goals.
Apple’s New Check In Feature Has Users Confused
Sep 26, 2024, 5:03 AM
An iPhone feature has some users baffled as they are asked to share their location with work acquaintances, dead relatives and people on other continents.
Malcolm Gladwell’s New Book, ‘Revenge of The Tipping Point,’ Explores Negative Virality
Sep 26, 2024, 5:01 AM
As he releases “Revenge of The Tipping Point,” the best-selling journalist talks about broken windows theory, Joe Rogan and changing his mind.
Cantor Fitzgerald Chairman & CEO Howard Lutnick discusses BGC Group's launching their FMX Futures exchange, the Biden administration's climate change agenda, V.P. Harris' economic plan, and her pitch to corporate America.
Meta stock hits all-time high as Wall Street bets on AI vision
Sep 26, 2024, 10:29 AM
Meta stock hit an all-time high as investors bet on its AI vision.
5 reasons why gold is a hot commodity
Sep 26, 2024, 9:40 AM
Gold remains a sought-after portfolio investment to help mitigate losses and remain a potential long-term source of return while fiat currencies and other materials may struggle.
CNN Plans to Launch Paywall In Early October
Sep 26, 2024, 10:05 AM
CNN will begin experimenting in October with a subscription model, in a major initiative from its chief executive, Mark Thompson.
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
Sep 26, 2024, 9:53 AM
Appaloosa Management's David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.
Southwest Airlines Lays Out Changes and New Offerings
Sep 26, 2024, 9:38 AM
The move came after the hedge fund Elliott Management, which has more than 10 percent of the airline’s shares, called for cost containment and better profits.
Stock market today: S&P 500, Nasdaq rally as US GDP data, chip stocks lift mood
Sep 26, 2024, 9:33 AM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
US economy grew 3% in the second quarter, in line with expectations
Sep 26, 2024, 8:44 AM
The U.S. economy grew at a 3% rate in the second quarter, in line with economists' expectations, according to the latest data from the Bureau of Economic Analysis.
U.S. Economy Had Stronger Rebound From Pandemic, GDP Data Shows
Sep 26, 2024, 8:54 AM
Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than reported earlier.
GDP: US economy grows at 3% annualized pace in second quarter
Sep 26, 2024, 8:47 AM
The third estimate of second quarter GDP shows that the economy grew at a solid pace to start the first half of 2024.
Micron stock soars as Q1 revenue forecast tops analyst estimates
Sep 26, 2024, 8:32 AM
Investors reacted to the chipmaker's higher-than-expected first quarter revenue guidance of $8.5 billion to $8.9 billion, above the $8.3 billion analysts anticipated.
Stock market today: S&P 500, Nasdaq futures rally as China stimulus, chip stocks lift mood
Sep 26, 2024, 7:19 AM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Powell emerges stronger after leading Fed to big rate cut
Sep 26, 2024, 5:02 AM
(Bloomberg) -- One week before Federal Reserve officials gathered in Washington this month, they were split over how fast to lower interest rates.Most Read from BloombergNJ Transit, Amtrak Trains Delayed After Derailment Near NYCWhere Cargo Bikes Are Freeing Cities From Polluting VansExclusive Palo Alto Girls School Borrows $106 MillionEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentThe economy wasn’t flashing the kind of
Hoda Kotb Says She Will Depart ‘Today’ Show
Sep 26, 2024, 8:22 AM
Her exit, planned for early next year, is a seismic shift for NBC and opens up a pair of morning TV’s most coveted anchor chairs.
Jaguar Land Rover to invest £500m in Halewood car plant
Sep 26, 2024, 7:21 AM
The investment will allow the Halewood factory to produce electric versions of its current models.
Gatestone Institute senior fellow Gordon Chang discusses Trump's handling of China during his presidency, China-linked hackers allegedly hitting U.S. internet providers and GOP senators trying to curb the country's influence on the west.
Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit
Sep 26, 2024, 8:00 AM
Distance Technologies, a Helsinki-based mixed-reality startup, raised 10 million euros of funding in a round led by GV, the venture capital arm of Alphabet.
Stock market today: Dow, S&P 500, Nasdaq futures rally as China stimulus and chip stocks lift the mood
Sep 26, 2024, 7:19 AM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Shoppers should brace for rising prices if port workers strike, expert says
Sep 26, 2024, 6:00 AM
Experts warn that consumers will run into issues over the coming months if port workers strike next week. It will limit supplies and boost prices, they say.
The Taft-Hartley Act: why Biden could use this labor law to preempt a port strike
Sep 26, 2024, 6:00 AM
Federal law lets the president intervene in labor disputes to impose a "cooling off" period for negotiations, though President Biden doesn't plan to use that if there is a port strike.
Business owners share struggle to ‘keep up’ under Biden-Harris economy: ‘Forced to close’
Sep 26, 2024, 6:00 AM
Small business owners Shana Gray, Ryan Sprankle and Rafael Arroyo speak out on the impact of Biden-Harris economic policies ahead of election day.
Amazon's AI strategy is set to deliver a chip advantage: Morning Brief
Sep 26, 2024, 6:00 AM
Risks to rivals Microsoft and Google have made Amazon more attractive to investors.
China's Xi and top leaders call for halting real estate decline, responding to public concerns
Sep 26, 2024, 5:22 AM
While the meeting readout did not provide many details, it is significant for a country where policy directives are determined at the very top.
Smartmatic-Newsmax Defamation Case Heads to Trial
Sep 26, 2024, 5:05 AM
Smartmatic, an election technology company, has accused the right-wing cable news channel of knowingly spreading false vote-rigging claims.
Mira Murati, OpenAI’s technology chief, becomes the latest exec to leave the company
Sep 25, 2024, 4:48 PM
OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday she is leaving the company.
Investors reacted to the chipmaker's higher-than-expected first quarter revenue guidance of $8.5 billion to $8.9 billion, above the $8.3 billion analysts anticipated.
France's biggest lender says there are 'too many' European banks as UniCredit moves on Commerzbank
Sep 26, 2024, 3:41 AM
BNP Paribas Chief Financial Officer Lars Machenil on Thursday voiced his support for greater integration in Europe's banking sector.
Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores
Sep 26, 2024, 3:00 AM
Klarna said Thursday that it had entered into an agreement with Adyen to add its buy now, pay later products to physical payment terminals.
Recycling: Shotton paper and cardboard plant's £1bn investment
Sep 26, 2024, 1:30 AM
The former paper mill will be one of the UK's largest cardboard and tissue production facilities.
UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
Sep 26, 2024, 1:20 AM
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union.
Dame Judi Dench and John Cena to voice Meta AI chatbot
Sep 26, 2024, 12:58 AM
The firm also unveiled the first working prototype of Meta's augmented-reality glasses, called Orion.