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Stay informed with the latest market news and analysis.
Archegos founder Bill Hwang sentenced to 18 years in prison
Nov 20, 2024, 10:51 PM
Hwang was found guilty of fraud in a case that cost Wall Street banks billions of dollars in losses.
U.S. Plans to Propose Breakup of Google to Fix Search Monopoly
Nov 20, 2024, 7:44 PM
In a landmark antitrust case, the government will ask a judge to force the company to sell its popular Chrome browser, people with knowledge of the matter said.
Is nuclear power regaining energy?
Nov 20, 2024, 7:03 PM
Countries around the world are building new nuclear power stations.
Nvidia is Wall Street's most valuable company. How it got there, by the numbers
Nov 20, 2024, 6:24 PM
Nvidia has once again turned out quarterly results that exceeded Wall Street's forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia reported Wednesday.
Nvidia stock dips despite optimistic forecast for 'Age of AI'
Nov 20, 2024, 6:04 PM
Nvidia's stock slid on Wednesday despite issuing an optimistic sales forecast for the AI giant's fourth quarter amid the ongoing surge in demand for chips that enable generative AI.
Stock futures are little changed, Nvidia shares slip after earnings report: Live updates
Nov 20, 2024, 6:02 PM
The moves follow a mixed day on Wall Street.
US charges Indian billionaire Gautam Adani with fraud
Nov 20, 2024, 5:05 PM
The allegations of bribery and fraud are the latest blow for the tycoon, one of India's richest people.
Reddit Says It Is Working to Resolve Outage
Nov 20, 2024, 4:35 PM
Tens of thousands of users reported that the website and app were inaccessible starting just before 3 p.m. Eastern on Wednesday.
Radical Jaguar rebrand and new logo sparks ire online
Nov 20, 2024, 12:44 PM
A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car. The Jaguar brand is in the middle of a transition to going all-electric. “Copy Nothing,” marketing materials read.
Fed’s Michael Barr, like his boss Jay Powell, won’t leave if Trump tries to fire him
Nov 20, 2024, 2:37 PM
The Federal Reserve’s top banking regulator said Wednesday he wouldn’t leave before his term was up even if President Donald Trump tried to remove him.
Bacteria Found in Tom’s of Maine Toothpaste, Inspectors Say
Nov 20, 2024, 2:04 PM
The U.S. Food and Drug Administration issued a warning letter, but not a recall, after microorganisms were found in water samples and finished toothpaste products.
Bitcoin ETF options go live in busy trading. Most bets are on gains
Nov 19, 2024, 4:26 PM
Investors can now trade options for the first time ever in the biggest Bitcoin ETF, iShares Bitcoin Trust, which mature in mid December and January. The fund has been on a tear.
Ofwat rules out customers paying £195,000 Thames Water boss bonus
Nov 20, 2024, 1:00 PM
The regulator uses new powers to prevent bonuses being funded from customer bills.
Trump Treasury contender Warsh no fan of DEI policies
Nov 20, 2024, 12:29 PM
Former member of the Federal Reserve Board of Governors Kevin Warsh, a contender to serve as President-elect Trump's Treasury secretary, recently criticized DEI and said it should not influence monetary policy.
Nvidia to report Q3 earnings today as AI fever continues to power Wall Street
Nov 20, 2024, 12:59 PM
Nvidia will report its Q3 earnings after the bell on today. Here's what is at stake.
Owning a home has rarely been this much more expensive than renting
Nov 20, 2024, 1:01 PM
The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.
Boeing to lay off 2,200 Washington workers in coming months
Nov 19, 2024, 8:30 AM
Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.
More tenants could be excluded from Right to Buy, Rayner proposes
Nov 20, 2024, 11:47 AM
The government wants to address the loss of social housing, but critics say more action is needed.
Stock market today: Dow, S&P 500, Nasdaq slide as Nvidia earnings loom large
Nov 20, 2024, 3:00 PM
Nvidia's results are seen as a reality check on just how important the AI chipmaker is to the rally in stocks.
Gary Wang, a Top FTX Executive, Is Given No Prison Time
Nov 20, 2024, 10:44 AM
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
Nov 20, 2024, 8:45 AM
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.
Target shares plunge after lackluster sales ahead of holiday season
Nov 20, 2024, 10:01 AM
Target CEO Brian Cornell told analysts on Wednesday that there was "continued softness" in certain discretionary categories "as consumers continue to spend cautiously."
Stock market today: Dow, S&P 500, Nasdaq slide as Nvidia earnings loom large
Nov 20, 2024, 10:15 AM
Nvidia's results are seen as a reality check on just how important the AI chipmaker is to the rally in stocks.
Ford to cut 800 UK jobs as electric car sales flag
Nov 20, 2024, 8:30 AM
The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.
Cost of living and inflation are not the same thing
Nov 20, 2024, 8:28 AM
Inflation is easing, but many people are still struggling to afford the basics.
UK inflation: Four things the latest figures tell us
Nov 20, 2024, 8:03 AM
The inflation rate has risen, putting pressure on people's finances and casting doubt on interest rate cuts.
Why Nvidia earnings could be a sink-or-swim moment for this bull market
Nov 20, 2024, 6:00 AM
The market rally has been broadening away from Big Tech and Nvidia, its leader. But at the same time, the chip company is still critical to the health of the bull market.
DOJ may be ready to break up Google. It needs to convince a judge first.
Nov 20, 2024, 4:00 AM
US prosecutors are expected to submit a document Wednesday that could ask for Google's Alphabet parent company to sell off its Chrome browser, among other remedies. Whether that actually happens won't be decided until 2025.
ECB warns of 'bubble' in AI stocks as funds deplete cash buffers
Nov 20, 2024, 4:09 AM
The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence (AI), which could burst abruptly if investors' rosy expectations are not met. The warning came as part of the ECB's twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks in the plumbing of the banking system. "This concentration among a few large firms raises concerns over the possibility of an AI-related asset price bubble," the ECB said.
Stock market today: Dow, S&P 500, Nasdaq step higher as Nvidia earnings loom large
Nov 20, 2024, 9:20 AM
Nvidia's results are seen as a reality check on just how important the AI chipmaker is to the rally in stocks.
E.On to pay out £14.5m after billing errors, Ofgem rules
Nov 20, 2024, 6:50 AM
The energy supplier agrees to pay after it failed to issue credit to customers cancelling contracts.
Target CEO 'guiding for some conservatism' as the retailer misses earnings estimates ahead of the holidays
Nov 20, 2024, 6:36 AM
Target unsettles investors ahead of the crucial holiday shopping season.
Blackstone is buying Jersey Mike's: it also has a stake in these big brands
Nov 20, 2024, 6:00 AM
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition. FOX Business takes a look at some other well-known companies that Blackstone owns or has a stake in.
Traveling for the holidays? Here are some ways to save money
Nov 20, 2024, 6:00 AM
Holiday travel is back. Companies, like Uber, are already trying to capitalize on what's projected to be an busy season. AAA already projected a record number of Thanksgiving travelers.
How Google Spent 15 Years Concealing Its Internal Conversations
Nov 20, 2024, 5:00 AM
Trying to avoid antitrust suits, Google systematically told employees to destroy messages, avoid certain words and copy the lawyers as often as possible.
Parents of Israeli Soldiers Struggle With Ethics of Freezing Sperm
Nov 20, 2024, 5:02 AM
In Israel, the military is now offering to preserve the sperm of soldiers killed in war. Parents and widows are struggling with the decision.
Northern Rail passengers hit out at 'rubbish' service
Nov 20, 2024, 3:11 AM
The struggling rail firm has come up with a plan to help it improve services
Shipping giant Maersk to cease Port of Felixstowe operation
Nov 20, 2024, 3:09 AM
Maersk says it will stop using the Port of Felixstowe from early next year.
Lidl: Men buy more from the middle aisle, boss reveals
Nov 20, 2024, 2:22 AM
Ryan McDonnell said the middle of Lidl had a “big male following”.
Inflation rises to 2.3% in October after energy bills rise
Nov 20, 2024, 2:00 AM
The pace at which prices are going up is closely watched as it influences the future path of interest rates.
U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
Nov 20, 2024, 12:32 AM
Capital raising activity is set for a rebound in the U.S. amid a global "industrial renaissance," Oaktree Capital Management Co-Chairman Howard Marks says.