US stocks closed Monday with mixed results as investors braced for a key earnings report and upcoming economic data later in the week.
The Dow Jones Industrial Average rose 65 points, or 0.2%,...
Stocks have surged back from recent lows as fresh economic data eases recession fears.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are both showing positive gains for the month, despite an initial...
After 18 months of promoting artificial intelligence and its potentially transformative impact on corporate profits and human productivity, Wall Street is growing more skeptical.
Analysts have recently scrutinized the financials underpinning the technology....
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize...
The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit...
Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand,...
NEW YORK — On Wednesday, the founder of Archegos Capital Management, a hedge fund, received an 18-year prison sentence for committing fraud related to...
Spirit Airlines announced on Monday its decision to seek bankruptcy protection as part of efforts to reestablish itself in the wake of a significant...
SAN FRANCISCO — The U.S. antitrust agencies that have taken a hard stance against major technology firms under President Joe Biden may find themselves...
General Motors has announced the layoff of approximately 1,000 employees globally as part of its strategy to reduce expenses while competing in a highly...
Wholesale prices in the United States experienced an increase last month, indicating that inflationary pressures continue to linger within the economy, albeit at relatively...
Disney's adjusted profits for the fourth quarter surpassed analysts' forecasts, driven by robust performance in the entertainment sector and streaming services. The company...
The Supreme Court is likely to allow a class-action lawsuit against Nvidia to proceed, which accuses the company of misleading investors regarding its reliance...
A larger Federal Reserve rate cut in September could unsettle investors.
While lowering interest rates might stimulate the economy, it raises the question: how much economic support is actually needed?
Last week, Federal Reserve...
Two Federal Reserve officials signaled on Thursday that a rate cut may be on the horizon, as strong economic data led financial markets to scale back expectations for a significant reduction in...
Bitcoin is still on track to nearly double from current levels this year, despite the crypto's steep sell-off, according to Anthony Scaramucci.
The Skyridge Capital founder and longtime crypto bull said he saw a number...
**Trump Faces Economic Challenge Amidst Deepening Debt Issues**
Donald Trump is gearing up to implement significant economic changes, but he faces a substantial obstacle in the form of the national debt. With ambitious...
BAKU, Azerbaijan — In the early hours of Sunday, nations across the globe found common ground at the United Nations climate conference, agreeing on a financial strategy for wealthier countries to aid...
Scott Turner has been chosen by President-elect Donald Trump to lead the Department of Housing and Urban Development (HUD). A former NFL player, Turner previously chaired the White House Opportunity and Revitalization...
MEXICO CITY — In recent times, Mexico has faced significant criticism for supposedly acting as a route for Chinese components and products entering North America. This situation has raised concerns among Mexican...
Washington, D.C. — President-elect Donald Trump has selected financial expert Scott Bessent as his nominee for the Treasury Secretary position. Bessent, known for his advocacy of deregulation and reducing the federal deficit,...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize internet and phone services in various institutions, including...
ATLANTIC CITY, N.J. — The latest financial report from the New Jersey Division of Gaming Enforcement indicates a significant decline in operating profits for Atlantic City's casinos during the third quarter of...
The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit originates from the privacy issues linked to the...
NEW DELHI — Gautam Adani, a prominent Indian tycoon and one of Asia's wealthiest individuals, is now facing significant challenges following an indictment by U.S. prosecutors for alleged fraud and bribery. The...
Truist Financial Corporation has revealed its commitment to help individuals, businesses, and local governments recover from the devastation caused by Hurricane Helene in North Carolina by providing substantial financial assistance.
The...
HALIFAX, Nova Scotia — On Thursday, the government of Prime Minister Justin Trudeau unveiled a new initiative aimed at easing financial pressures on Canadians facing a rise in living costs, all while...
British and French law enforcement agencies have initiated an investigation into the defense company Thales, based in France, amid allegations of bribery and corruption. On Thursday, the Serious Fraud Office (SFO) in...
U.S. authorities are taking bold steps to enhance competition in the online search arena following a federal judge's ruling that Google has unlawfully dominated the market for the past decade.
The...
WASHINGTON — Initially, when Elon Musk proposed an initiative aimed at reducing the size of the federal government, Donald Trump appeared to dismiss the idea. The concept, eventually dubbed the Department of...
BAKU, Azerbaijan — A new draft document unveiled early Thursday, which will underpin any potential agreement at the United Nations climate negotiations regarding financial aid for developing nations transitioning to green energy...
JAYAPURA, Indonesia — In the southeastern part of Jayapura, Petronela Merauje makes her way through her floating village, inviting women to join her the next morning in the nearby mangrove forests.
Merauje,...
Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand, primarily due to their application in artificial intelligence...
NEW YORK — On Wednesday, the founder of Archegos Capital Management, a hedge fund, received an 18-year prison sentence for committing fraud related to securities and market manipulation, a scheme that prosecutors...
A recent court ruling has determined that Virginia cannot exit a multi-state program aimed at reducing greenhouse gas emissions without the approval of the state legislature. This decision poses a setback for...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize internet and phone services in various institutions, including...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize internet and phone services in various institutions, including...
The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit originates from the privacy issues linked to the...
U.S. authorities are taking bold steps to enhance competition in the online search arena following a federal judge's ruling that Google has unlawfully dominated the market for the past decade.
The...
WASHINGTON — Initially, when Elon Musk proposed an initiative aimed at reducing the size of the federal government, Donald Trump appeared to dismiss the idea. The concept, eventually dubbed the Department of...
Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand, primarily due to their application in artificial intelligence...
HELSINKI, Finland — On Wednesday, Finnish officials announced the initiation of an inquiry into a data cable that was damaged beneath the Baltic Sea. This development adds to an ongoing investigation in...
The CEO of Delta Air Lines has expressed optimism about the incoming Trump administration, describing it as a potential “breath of fresh air” for the airline sector, which he believes has faced...
Images of girls depicted with nude bodies have resulted in resignations of key figures at a private school in Pennsylvania, sparked protests from students, and prompted a criminal investigation.
In August, a juvenile...
Sally Buzbee, who previously held the position of executive editor at The Washington Post and The Associated Press, is set to join Reuters as the chief editor for the United States and...
The V-22 Osprey, a unique aircraft known for its ability to fly like an airplane and land like a helicopter, has resumed flights after a protracted grounding due to a tragic crash...
WEST PALM BEACH, Fla. — President-elect Donald Trump is reportedly set to attend a SpaceX “Starship” rocket launch on Tuesday, highlighting the growing influence of founder Elon Musk within Republican circles. ...
The Associated Press announced on Monday its decision to initiate a series of buyouts and select layoffs, aiming to decrease its workforce by approximately 8% while enhancing its shift towards a digital-first...
SAN FRANCISCO — The U.S. antitrust agencies that have taken a hard stance against major technology firms under President Joe Biden may find themselves more constrained by Donald Trump if he regains...
General Motors has announced the layoff of approximately 1,000 employees globally as part of its strategy to reduce expenses while competing in a highly competitive automotive industry.
Most of the affected employees...
SAN FRANCISCO — The trial of Nima Momeni, a technology consultant facing murder charges in the stabbing death of Cash App creator Bob Lee, witnessed a tense exchange between Momeni and the...
Disney's adjusted profits for the fourth quarter surpassed analysts' forecasts, driven by robust performance in the entertainment sector and streaming services. The company reported a profit of $460 million, translating to...
The Supreme Court is likely to allow a class-action lawsuit against Nvidia to proceed, which accuses the company of misleading investors regarding its reliance on sales of computer chips used in cryptocurrency...
NEW YORK — Following Donald Trump's recent election victory, there has been a notable influx of funds into the cryptocurrency market, leading to a surge in bitcoin's value.
On Monday, bitcoin...
The National Highway Traffic Safety Administration (NHTSA) is currently looking into reports regarding potential engine failures affecting approximately 1.4 million vehicles from Honda and Acura.
This investigation encompasses...
Global initiatives aimed at tackling climate change faced significant setbacks during Donald Trump's previous presidency, particularly when he withdrew the United States from an essential international climate agreement....
