News
Powell says the Fed will be “cautious” about rate cuts
Speaking in New York, Federal Reserve Chair Jerome Powell admitted that the strength of the US economy will cause restraint...
UnitedHealthcare CEO Brian Thompson fatally shot
The CEO of UnitedHealthcare was shot and killed in a "premeditated, targeted attack" outside the New York Hilton in midtown...
Trump to block Nippon Steel’s takeover of US Steel
The $15 billion takeover bid for US Steel by Nippon Steel is anticipated to face opposition from Donald Trump once...
Salesforce reports strong Q3 results and positive outlook for AI products
Salesforce shares rose 12.5% in premarket trading today after the company reported quarterly sales which exceeded estimates. "We delivered another...
US Mortgage Rates Decline to 6.69%
The Mortgage Bankers Association has reported today that US mortgage rates have fallen to their lowest level since mid-October. According...
Intel CEO Pat Gelsinger resigns
Pat Gelsinger has resigned from Intel after assuming the role of CEO in 2021. Intel has named two senior leaders,...
Trade tensions rise as China bans mineral exports to U.S.
China has banned exports of minerals gallium, germanium, and antimony to the United States, effective immediately. China's announcement comes following...
Elon Musk loses reinstatement bid for $56 billion pay package
A Delaware judge has ruled against reinstating Musk's 2018 $56 billion CEO pay package, calling it "deeply flawed." This package...
Stoli Group USA files for bankruptcy
The spirit company, known widely for its vodka, today announced it has filed for bankruptcy in the United States Bankruptcy...
Cyber Monday spending expected to break records
After last week's $6.1 billion shopping record set during Black Friday sales, driven significantly by online spending, consumers in the...
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