Today: September 23, 2024
Today: September 23, 2024

Finance

Business|Economy|Finance|Stock Markets

Oil falls, Brent settles at 7-month low after disappointing US job numbers

Oil prices fell on Friday, with

August 02, 2024
Oil falls, Brent settles at 7-month low after disappointing US job numbers
Business|Economy|Finance

Dollar hits four-month low as weak US jobs data boosts rate cut bets

The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will

August 01, 2024
Dollar hits four-month low as weak US jobs data boosts rate cut bets
Business|Finance|News|Sports

US judge throws out $4.7 billion verdict against NFL in 'Sunday Ticket' lawsuit

A U.S. judge in California on Thursday threw out a $4.7 billion verdict against the National Football League in a lawsuit claiming it overcharged subscribers to its Sunday

August 01, 2024
US judge throws out $4.7 billion verdict against NFL in 'Sunday Ticket' lawsuit
Business|Economy|Finance

RBA to hold rates steady in August; first cut seen in early 2025: Reuters poll

The Reserve Bank of Australia will hold interest rates on Tuesday at near a 13-year high and wait until the first quarter of 2025 before reducing them,

August 01, 2024
RBA to hold rates steady in August; first cut seen in early 2025: Reuters poll
Asia|Business|Finance

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a stronger-than-expected 14% year-on-year jump in second quarter net

August 01, 2024
OCBC's Q2 profit tops expectations, says on track to meet 2024 targets
Election|Finance|Political

Trump campaign reports raising $137 million in July, falling short of Harris' first-week total

Republican former President Donald Trump’s campaign and its related affiliates say they raised $138.7 million last month

August 01, 2024
Trump campaign reports raising $137 million in July, falling short of Harris' first-week total
Economy|Finance

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors

August 01, 2024
Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors
Business|Finance|Technology

Avast antivirus owner Gen forecasts strong quarterly revenue on robust software demand

Cybersecurity firm Gen Digital forecast second-quarter revenue above Wall Street estimates on Thursday, a sign that customers will increase spending on antivirus

August 01, 2024
Avast antivirus owner Gen forecasts strong quarterly revenue on robust software demand
Election|Finance|Political

Trump’s political operation says it raised nearly $139 million in July

Trump’s political operation says it raised nearly $139 million in July

August 01, 2024
Trump’s political operation says it raised nearly $139 million in July
Business|Finance|Technology

Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services

Motorola Solutions raised its full-year revenue and profit forecast and beat quarterly results on Thursday, as it sees robust demand for its safety and enterprise security services.

August 01, 2024
Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services
Economy|Finance|Stock Markets

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide

Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred

August 01, 2024
Wall Street 'fear gauge' jumps to three-month high as stocks resume slide
Business|Finance|Travel

Booking expects room nights growth to ease, shares fall

(Reuter) - Online travel agency Booking Holdings forecast lower room nights growth in the third quarter after beating analysts' estimates for second-quarter revenue and profit, sending its shares down

August 01, 2024
Booking expects room nights growth to ease, shares fall
Business|Economy|Finance

Prudential Financial's adjusted Q2 profit rises on US unit strength

Insurer Prudential Financial reported a rise in second-quarter adjusted profit on Thursday, as its U.S. unit was boosted by stronger underwriting and higher investment returns.

August 01, 2024
Prudential Financial's adjusted Q2 profit rises on US unit strength
Economy|Finance|Technology

Why Trump wants the US government to have a 'national stockpile' of bitcoin

At a national bitcoin conference in Nashville, Donald Trump finally spelled out some of his crypto policy proposals including one hotly anticipated part of his plan -- building a strategic bitcoin reserve. CNN's Jon Sarlin explains what that is and why the crypto industry wants it.

August 01, 2024
Why Trump wants the US government to have a 'national stockpile' of bitcoin
Economy|Finance|Lifestyle

Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.

Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.

August 01, 2024
Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.
Business|Economy|Finance|Stock Markets

Coterra Energy misses profit estimates on weak natural gas prices

U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.

August 01, 2024
Coterra Energy misses profit estimates on weak natural gas prices
Business|Economy|Finance|Technology

Coinbase's second-quarter revenue surges on crypto trading revival

Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.

August 01, 2024
Coinbase's second-quarter revenue surges on crypto trading revival
Business|Economy|Finance

Block lifts core earnings forecast on consumer spending strength

Payments firm Block raised its forecast for annual adjusted core earnings on Thursday and unveiled a $3 billion buyback plan, betting on resilient consumer spending

August 01, 2024
Block lifts core earnings forecast on consumer spending strength
Business|Economy|Finance

Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs

Bleach maker Clorox forecast annual profit above estimates after beating fourth-quarter profit on Thursday, banking on consecutive price hikes of its home care products and easing input

August 01, 2024
Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs
Economy|Finance

Canada's capital gains tax target falls short by C$2 billion, says budget officer

Canadian federal government's target for a bump in its controversial capital gains tax over the next five years will fall short by a tenth, according to an analysis released on

August 01, 2024
Canada's capital gains tax target falls short by C$2 billion, says budget officer
Business|Economy|Finance

MP Materials loss steeper than expected on low rare earths prices

U.S. rare earths producer MP Materials on Thursday reported a steeper-than-expected second-quarter loss due to falling prices for the strategic minerals and operational challenges, although

August 01, 2024
MP Materials loss steeper than expected on low rare earths prices
Business|Economy|Finance|Stock Markets|Technology

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon has reported a boost in its quarterly profits, but the company missed revenue estimates, sending its stock lower in after-hours trading

August 01, 2024
Amazon reports boost in quarterly profits but misses revenue estimates
Business|Finance|Health

Vertex Pharma raises annual revenue forecast on strong demand for its cystic fibrosis treatments

Vertex Pharmaceuticals raised its annual revenue forecast on Thursday, betting on robust demand for its cystic fibrosis (CF) treatments.

August 01, 2024
Vertex Pharma raises annual revenue forecast on strong demand for its cystic fibrosis treatments
Business|Economy|Finance|Technology

Amazon says consumers cautious, forecasts revenue below Wall Street targets

Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases,

August 01, 2024
Amazon says consumers cautious, forecasts revenue below Wall Street targets
Economy|Finance|Stock Markets

Wall Street slides after weak data kills early rally

The S&P 500 fell more than 2% and the Nasdaq more than 3% at one point late on Thursday, reversing early gains and closing the first session of August sharply lower after data spurred

August 01, 2024
Wall Street slides after weak data kills early rally

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