For all of Amazon’s clout, its plans likely won’t motivate many other businesses to follow with their own five-day in-person workweek, according to some workplace experts. more
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and traders awaited a Federal Reserve decision that’s fully expected to deliver a rate cut. more
Stocks were little changed Wednesday as Wall Street anticipated the first Federal Reserve interest rate cut in four years. more
We have a lot of cash on hand for a specific purpose, but we won’t be able to live off the income if interest rates drop. more
Starting this month, Amazon's average starting pay for front-line employees will be more than $22 an hour, up from roughly $20.50 an hour, the company said. more
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on more
The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street. more
The WNBA is adding another team in Portland in 2026, joining other expansion franchises in San Francisco and Toronto. more
To afford a home in many American cities, first-time buyers increasingly need to be wealthy or rely on family help, and they are losing hope. more
The two airlines can begin the process of closing their $1.9 billion merger. more
The DOJ on Wednesday sued the owner and manager of the cargo ship that caused the Baltimore bridge collapse, seeking to recover more than $100 million. more
Kamala Harris' campaign has netted Republican endorsements from numerous Trump administration officials as well as from figures like Dick Cheney. more
The U.S. Federal Reserve is expected to cut the benchmark rate on Wednesday. more
U.S. Treasury yields were little changed on Wednesday as all eyes were on the Federal Reserve’s interest rate decision expected for later in the day. more
UBS strategist Patrick Palfrey expects lower interest rates will especially benefit smaller, more volatile and less efficient companies. more
“I had three offers over 11 months, one more frustrating than the next.” more
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years. more
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets. more
The deal is available only to customers who use the chain's smartphone app. more
The Federal Reserve is preparing Wednesday to cut interest rates with U.S. stocks trading near a record high. leaving investors searching for historical clues to the path ahead for markets. more
“My father is a widower, so any beneficiary would be a non-spouse.” more
A rate cutting-cycle from the Federal Reserve could bode well for some technology stocks. more
The European Union's second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) antitrust fine imposed on Google by regulators should be annulled. more
Yields on U.S. government debt moved slightly higher Wednesday morning, as traders waited to see whether the Federal Reserve will begin its interest rate-cutting cycle with a 25- or 50-basis-point more
Wall Street is on track for a subdued open Wednesday, with all eyes on the Fed. more
The survey was taken several days after the first and possibly only debate between Vice President Kamala Harris and Donald Trump. more
Frank Holland breaks down what traders are watching ahead of the new session. more
Israel's spy agency Mossad planted explosives inside pagers imported by Hezbollah months before Tuesday's detonations, sources told Reuters. more
CNBC's iPhone 16 Pro Max review. There are a lot of good upgrades but Apple Intelligence isn't ready yet. more
The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72. more
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news. more
CNBC Select details the credit score requirement of the Wells Fargo Reflect® Card. more
Tupperware filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to mounting losses amid poor demand for its once-iconic food storage containers. more
A lawsuit brought by prosecutors in six California counties alleged stores sometimes used regular prices for items on sale. more
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical. more
In a memo to employees on Tuesday, 23andMe CEO Anne Wojcicki said the company will search for new directors. more
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them. more
Donald Trump made the promise about state and local taxes in a Truth Social post attempting to court New York voters to back him in the presidential election. more
While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go. more
The Research Triangle region has about 4,000 technology and 600 life science companies, and more than 300 companies are headquartered in RTP alone. more
Reuters was first to report on State Street’s partnership with Swiss crypto company Taurus to offer new digital asset services, […] The post Custody giant State Street expands crypto services more
Reuters exclusively reported that Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo […] The post Japan, Tokyo governments target $4.7 bln valuation more
Reuters was first to report that billionaire investor William Ackman built new stakes in sportswear company Nike during the second […] The post Ackman’s Pershing Square takes new stakes in more
Reuters exclusively reported that China’s securities regulator has ordered some brokerages to inspect their bond trading activities as authorities seek […] The post China tells some brokerages to conduct compliance more
Reuters was first to report that a meeting of top OPEC+ ministers kept oil output policy unchanged including a plan […] The post OPEC+ sticks to oil policy, repeats could more
Reuters exclusively reported that Lineage, the world’s largest operator of cold-storage warehouses, raised $4.45 billion in its U.S. initial public […] The post Logistics giant Lineage raises $4.45 bln in more
Reuters exclusively reported that the United States and Vietnam are discussing the sale of Lockheed Martin C-130 Hercules military transport planes […] The post US, Vietnam discuss supplying Hanoi with C-130 more
Reuters exclusively reported that Europe’s top asset manager Amundi and other LVMH investors want the $370 billion luxury behemoth to […] The post Some investors demand change at LVMH after more
Reuters exclusively reported that PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China as […] The post PwC weighs halving of China financial services more
Reuters exclusively reported that trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana […] The post Traders face $1 bln loss on faltering more
An event last month shows just how powerful India has become on the world stage. Meanwhile, in the U.S [...]
VIDEO: ASML, ARM Holdings and SAP have different valuations but they're all vulnerable to a US tech selloff but also beneficiaries of the AI boom [...]
The European Central Bank also slightly raised its guidance for core inflation in 2024 and 2025 [...]
Kingfisher's share price has jumped over 6% this morning as its half-year results reached expectations in a difficult business climate [...]
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'I think that's clear enough from the work we've been doing in the last few weeks since the election,' he said. [...]
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With chances of a Bank of England rate cut fading, analysts and economists debate the merits of caution ruling the day [...]
VIDEO: At current valuations, M&G's fund manager Michael Bourke is cautious in the near-term on Indian equities, although he sees opportunities within the banking sector [...]
J.P. Morgan Asset Management's Guy Anderson believes recent market volatility in the US could lead to investors funneling capital into UK stocks [...]
Dividend payer Rentokil has suffered a drop in its share price due to disappointing sales in North America [...]
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Spike in airfares in August but petrol prices moderate, keeping CPI rate at 2.2%. Will the Bank of England now cut or hold interest rates? [...]
China funds' performance in 2024 makes for painful reading. But there are some fund management styles Morningstar analysts still have faith in [...]
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