Crypto Profit Floodgates Open With Trump Presidency
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Financial market worries over the UK budget appear to ease
LONDON (AP) — Worries about this week's within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies.
UK economic growth slows down sharply in the third quarter
LONDON (AP) — U.K. economic growth slowed down sharply in the third quarter of the year, official figures showed Friday. The Office for National Statistics said growth during the July to September period was just 0.1%. That was lower than the 0.5% recorded in the and below market expectations for 0.2%.
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Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
NEW YORK (AP) — The founder of Archegos Capital Management, a hedge fund, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud in a scheme that prosecutors said cost global investment banks billions of dollars.
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Target struggles in the third quarter and offers tempered outlook for the holidays
NEW YORK (AP) — Target etched out a slim sales increase in the third quarter but profits slumped as customers pulled back on spending and costs related to a in October dragged on results.
Stock market today: Asian markets mostly lower as worries over Russia-Ukraine war loom
HONG KONG (AP) — Asian stocks were mostly lower on Tuesday, despite gains on Wall Street, as worries mounted over
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Stock market today: Asian shares gain, apart from in China, after Wall St regains its stride
BANGKOK (AP) — Asian shares advanced Tuesday, apart from in China, after most U.S. stocks ticked higher to recover some of their from last week.
Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election Day
BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
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UK set to create new pension megafunds with aim of unlocking $100 billion for investment
LONDON (AP) — British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.'s .
Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street's expectations. The home improvement retailer also boosted its full-year revenue outlook.
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Stock market today: Asian shares gain after US Fed cuts interest rates
HONG KONG (AP) — Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy.
Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
STOCKHOLM (AP) — Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade.
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In multiple wargames, U.S. forces were overwhelmed and unable to stop Chinese amphibious assaults from seizing the island. With tensions at a boiling point, the economic fallout could be devastating. Get the details on the weapons makers set to boom if war breaks out.
Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed
Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what to the White House will mean for the economy and the world.
Stock market today: Wall Street rallies on Election Day as economy remains solid
Asian shares were mostly higher on Wednesday after stocks on Wall Street rallied as Americans cast votes in a pivotal national election.
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A courtroom of relief: FBI recovers funds for victims of scammed banker
WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people whose life savings had been embezzled by a bank CEO learned that federal law enforcement had recovered their money.
Americans Worried They'll Mess Up Retirement Income Planning, Almost Half Fear Living Too Frugally
New research reveals Americans' concerns about retirement income planning, with many lacking a plan. Advisors should focus on secure income strategies.
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Next Week: Trade balance, Fed policy meeting, consumer credit
A look at some of the key business events and economic indicators upcoming Next week.
Security tech company Evolv fires its chief executive
NEW YORK (AP) — Amid the backdrop of a and other looming legal troubles, security technology company is now firing its CEO.
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Stock market today: Asia shares decline as investors await earnings, US elections and economic data
TOKYO (AP) — Asian shares mostly declined Thursday as investors grappled with uncertainty ahead of the on Nov. 5.
DoorDash partners with Lyft to give members ride-sharing benefits
Delivery service said Wednesday that it's partnering with to bring ride-sharing benefits to its members.
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Japan's Nikkei rises over 1% after Big Tech stocks push Nasdaq to record high
HONG KONG (AP) — Asian markets were mixed on Wednesday with Japan's benchmark index gaining more than 1% after a rally in technology stocks propelled the Nasdaq composite to a record high.
McDonald's value meals turn around US sales in third quarter with customers hungry for deals
Value meals helped turn around McDonald's U.S. sales in the third quarter with customers smarting from higher prices all over, but that recovery could be dented in the final months of the year by an tied to the company's Quarter Pounder hamburgers.
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In multiple wargames, U.S. forces were overwhelmed and unable to stop Chinese amphibious assaults from seizing the island. With tensions at a boiling point, the economic fallout could be devastating. Get the details on the weapons makers set to boom if war breaks out.
Boeing, in need of cash, looking to raise up to approximately $19B in offering
is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash.
How To Help Your Clients Maximize Their 401(k) Contributions
Strategies to optimize 401(k) contributions: start at 10%, increase annually, consider additional factors. Advisors recommend reviewing regularly.
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IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
WASHINGTON (AP) — The world economy, buffeted by and , is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday. She also urged Chinese leaders to take more decisive action to jump-start their or risk seeing economic growth plummet.
Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs
DALLAS (AP) — Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses.
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