News - 2024-10-28

Market News Explorer

Stay informed with the latest market news and analysis.

“Infinite money glitch” allowed the withdrawal of funds from cheques before they were cleared by the bank.

The writing utensils figured prominently in conspiracy theories in previous elections. But they’re often fine to use on paper ballots.

AI projects are underway to help ease the challenges of dementia.

People tell the BBC how much they earn and what they want from the Budget.

VGI
SPY

The Kobeissi Letter Editor-in-Chief Adam Kobeissi argues Gold is the 'global safe haven trade.'

A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.

CQQQ
ASML

Alphabet is set to announce third quarter earnings to kick off a week of Big Tech results.

After he was mugged, he took a therapist’s advice to work with “difficult students at a difficult school.” They ignored him until the lessons turned to business.

The billionaire and his PAC have used foreboding language about the vice president in their support of former President Donald Trump.

The group plans to grow the 200 Degrees chain, which has expanded to 21 stores across the UK.

Ford reported third quarter earnings after the bell on Monday, beating on revenue but bringing down its full-year profit forecast to the lower end of its range.

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

A new study found that infant care costs top 10% of the median annual household income in 48 states plus the District of Columbia, squeezing families' budgets.

CCRN
XLY

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Philips had mixed earnings, but its stock slumped from ongoing pressure in the Chinese market.

JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.

The government has promised not to raise taxes on "working people" in this Wednesday's Budget.

The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

CRM
MSFT
ARKK

Apple's Apple Intelligence AI platform brings the company's first generative AI features to iPhones, iPads, and Macs, but it's not going to change your world. Yet.

Trump Media & Technology Group stock extended its five-week rally on Monday as investors bet on the former president winning the US election.

Tesla short sellers have lost more than $4 billion following the EV maker’s third quarter earnings last Wednesday, according to data from week.

The Biden administration rolled out a plan last year to create more housing by unlocking more than $35 billion in lending capacity. It has yet to close on any loans that would support housing-related projects.

XHB
LEN

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

On average, wages have risen faster than prices in recent years. But not all Americans are getting ahead.

Trump Media & Technology Group stock extended its five-week rally on Monday as investors bet on the former president winning the US election.

DJT
DJT

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

VPU
EWU

Oil prices fell by over 6% after on Monday after Israel's retaliatory strike on Iran didn't hit oil or nuclear facilities that could've impacted the energy sector.

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

AAPL
BA
SPOT

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

SPY
PHG
BA

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

AAPL
BA

The new limit replaces the existing £2 cap but some have criticised the decision.

The race for the White House is deadlocked, but business leaders aren’t taking chances, reaching out to the former president to rebuild relations.

The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors.

Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

QQQ
SPY

Stocks are reviving somewhat as a pullback in US bond yields lifted some recent pressure on risk appetite.

Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.

The share of U.S. households living paycheck to paycheck since 2019 is up across all income brackets, according to a new study by the Bank of America Institute.

XLP
SYF
BAC

Two reports this week on inflation and the labor market could swing the final calculus for Fed policymakers as they weigh another rate cut at their Nov. 6-7 meeting.

Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.

In a major speech ahead of Wednesday's Budget, Sir Keir Starmer will warn of "unprecedented" challenges.

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.