News
Tech giants push S&P 500 up 1% after two-day slump
Stocks halted a back-to-back slide on Tuesday with a rally in big tech. The rally signaled that the U.S. economy...
Boeing supplier, Union Forge agrees to end strike
Spirit AeroSystems Holdings Inc. and its largest union to a new contract Tuesday, ending a strike that stalled production and output for...
Adidas rates among top companies to watch in third quarter
As German sportswear giant adidas transitions to new CEO Bjorn Gulden, investors consider analysts’ expectations to be too conservative. The...
Lordstown Motors files for bankruptcy
The U.S. electric truck manufacturer Lordstown Motors (RIDE.O) filed for bankruptcy protection on Tuesday and put itself up for sale. The move came...
Tech stocks fall as traders reconsider rate cuts predictions
U.S. stocks fell Monday while government bonds increased in sales after traders dropped bets that the Federal Reserve would cut...
Publishers Clearing House pays $18.5 million in FTC ‘dark patterns’ suit
The direct marketing company Publishers Clearing House, which uses sweepstakes to sell magazine subscriptions, agreed on Monday to pay $18.5...
BIS calls for more interest rate hikes
The Bank for International Settlements (BIS), the world's central bank umbrella body, called for more interest rate hikes Monday, warning...
OPEC predicts 23% surge in oil demand for 2045
The Organization of the Petroleum Exporting Countries (OPEC) said Monday that global oil demand will increase by 23% to 110M...
Starbucks workers poised to strike
Workers' unions on Friday called for walkouts at more than 150 Starbucks stores across the country this week after employees...
Tech startup making missile motors for Pentagon
Anduril Industries, one of the first California-based tech startups getting weapons contracts from the Pentagon, announced over the weekend that...
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