News - 2024-09-27

Market News Explorer

Stay informed with the latest market news and analysis.

Typical gas and electricity prices are rising by 10% in England, Scotland and Wales on 1 October.

Port employers met with White House officials Friday as negotiations with the union representing East Coast and Gulf Coast dockworkers are at an impasse with a potential strike looming.

WeightWatchers announced Friday that CEO Sima Sistani is no longer at the company, and independent board member Tara Comonte has stepped in to serve as interim CEO.

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.

If your home has been damaged, you may be at the beginning of a long process.

Citigroup warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by contractors to ensure the company is billed accurately, according to a memo seen by Reuters on Friday. Citi has struggled to fix weaknesses in its controls and risk management. "Citi has zero tolerance for fraudulent and unethical behavior from our employees, non-employees and suppliers," according to the internal Citi memo seen by Reuters.

Federal regulators spent billions of dollars to avoid a spike in costs for older Americans that could have been politically damaging to the presidential campaign of Vice President Kamala Harris.

The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

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It says it has listened to concerns about the tool, which continuously screenshots online activity.

The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo.

The Kobeissi Letter editor-in-chief Adam Kobeissi argues any stock market dip will be brief, while the upswings will long on 'Making Money.'

'Making Money' host Charles Payne explains the 'new reality' of the U.S. stock market.

Heritage Foundation public finance economist E.J. Antoni discusses whether consumer fatigue indicates a recession is coming on 'Making Money.'

After Elon Musk fight, Sir Keir Starmer says "investment from anywhere" is encouraged.

From hurricanes to wildfires, a new generation of technologies could help utilities better plan for the risk of extreme weather to their electric grid.

The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

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Medical professionals are sounding the alarm over the potential impact prolonged port strikes along the East and Gulf coasts can have on medical supplies.

CBS News has announced the rules and format for Tuesday’s debate between Senator JD Vance and Gov. Tim Walz.

Costco CEO Ron Vachris explained the benefits of the company's new membership card scanners in U.S. stores during the retailer's latest earnings call and said customers see the pluses.

Dominari Financial CEO Kyle Wool analyzes the latest inflation data as the 2024 presidential election continues to heat up on ‘Varney & Co.’

Shares of the company, one of the largest chains of for-profit psychiatric hospitals, were down 25 percent at one point.

A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely in 25 basis point increments.

Harland and Wolff, the Belfast shipbuilder, has formally entered administration for the second time.

JPMorgan disclosed that the CFPB could punish the lender for its role in Zelle, the giant peer-to-peer digital payments network.

Investors are cheering a possible tie-up between UniCredit of Italy and Germany’s Commerzbank, but politics may stand in the way.

Morgan Stanley senior vice president of investments Jim Lacamp looks ahead to Q4, the presidential election, China's stimulus package and the August PCE data.

The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

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The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

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A call from a debt collector may add to the challenges that bereaved people are already dealing with. But spouses “should not assume that they have to pay.”

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AI could cause one unfortunate problem for investors.

Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.

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The market is looking to August's PCE print to calibrate whether another jumbo cut is coming.

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A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.

An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.

The latest update on the Federal Reserve's preferred inflation gauge comes as investors whether the Fed will cut interest rates by 50 basis points at its November meeting.

The criminal charges against the embattled mayor of New York have given corporate leaders pause about the city’s political future.

Eyes are on the PCE inflation print tracked by the Fed for insight into the pace of rate cuts.

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Prochain Capital President David Tawil talks Disney job cuts, looming port strikes and which commodities and stocks are best to put your money into.

Gordon Chang urges whoever's the next president to prepare the American people for "what could happen" as U.S. faces multiple global threats.

The federal government is on pace to run a $1.9 trillion budget deficit in FY2024, which would rank as the third-largest after even larger deficits were incurred in recent years.

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Roughly 45,000 dockworkers plan to stop working as terms of a new contract have yet to be agreed upon. Here's what you need to know about the potential work stoppage.

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A new report from Bain casts doubt on the fact that the AI trade is anywhere near its midpoint.

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Almost a third of 171 posts last week from the X owner were false, misleading or missing vital context.

The controversies surrounding the new epic include accusations of on-set problems, a pulled trailer and more.

Artificial intelligence’s hunger for energy has set off a boom in utility stocks and may lead to the reopening of the Three Mile Island nuclear plant, our columnist says.

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(Bloomberg) -- Chinese stocks’ rally stretched further on Friday, poised to mark their best week since the global financial crisis, on optimism over the government’s stimulus measures. Most Read from BloombergVanderbilt Leases Struggling NYC Seminary for Campus ExpansionNJ Transit, Amtrak Trains Delayed After Derailment Near NYCWhere Cargo Bikes Are Freeing Cities From Polluting VansExclusive Palo Alto Girls School Borrows $106 MillionWaiting for the Miracle of Church-to-Housing DevelopmentThe C

Wall Street is raising concerns about the latest iPhone's shorter shipping times.

(Bloomberg) -- European stock futures gained in line with Asian shares as risk appetite across financial markets got a further boost from China’s latest stimulus measures and upbeat US momentum. The yen declined ahead of election results.Most Read from BloombergVanderbilt Leases Struggling NYC Seminary for Campus ExpansionNJ Transit, Amtrak Trains Delayed After Derailment Near NYCWhere Cargo Bikes Are Freeing Cities From Polluting VansExclusive Palo Alto Girls School Borrows $106 MillionWaiting

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Costco reported mixed fiscal fourth quarter results on Thursday after the market close.

China's latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said.

Economic stimulus moves by China’s leaders triggered a broad rally in trading in Shanghai and Shenzhen.