Business
Trump tariffs would mean up to 70,000 fewer jobs get created each month, Morgan Stanley says
The tariffs would also slow GDP growth by 1.4 percentage points and boost inflation by 0.9 percentage point, Morgan Stanley ...
Qatar Airways agrees to buy 25% stake in Virgin Australia
Australia’s second-largest carrier would return to long-haul flying as part of the deal
LVMH sells Off-White streetwear brand founded by Virgil Abloh
Fashion label to be acquired by New York-based Bluestar Alliance
AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
GM’s Cruise hit with fine and consent order for crash that led to suspension of driverless rides
General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty after the unit failed to fully report a ...
EY picks Anna Anthony as UK boss after three-way race
Head of financial services division becomes first woman to run day-to-day operations at a Big Four British business
German Tesla managers are visiting the homes of sick workers to ‘appeal to the employees’ work ethic,’ factory boss says
Unionized workers claim poor conditions are responsible for employees calling out sick. Read More
Powell says more rate cuts are coming in remarks praising ‘solid’ economy
“Overall, the economy is in solid shape,” Powell said in written remarks. “We intend to use our tools to keep ...
EchoStar to sell Dish to DirecTV, combining major pay-TV providers
EchoStar CEO Hamid Akhavan appeared on CNBC’s “Squawk on the Street” on Monday after the company sold its video distribution ...
EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy
EchoStar’s sale of Dish to DirecTV for $1 in equity unceremoniously ends Charlie Ergen’s ‘Seinfeld’ strategy
Watch Fed Chair Jerome Powell speak live on economy, policy views
The central bank leader speaks Monday to the National Association for Business Economists in Nashville.
Most multi-millionaire investors are voting for Harris, despite thinking Trump is better for the economy
Trump is famously popular among high-net-worth individuals for his proposition to extend and expand his 2017 Tax Cuts and Jobs ...
Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Powell signals ‘growing confidence’ in US economy’s soft landing
Federal Reserve chair says interest rates will fall ‘over time’
US gunmaker touts Trump-themed ‘MAGA Patriot’ AR-15 assault rifles
Weapon bearing ex-president’s name is same kind that injured him in attempted assassination
TPG nears deal to buy German metering company for up to €7bn
Deal would be one of year’s biggest between private equity firms
CVS Health shares rise as hedge fund pushes for change
CVS stock rose 2% on Monday, but the healthcare giant has shed over $26 billion in market cap this year. ...
Companies are ‘ever-boarding’ to constantly train workers, keep them flexible, and hire less
“A lot of companies are wanting to be able to move their staff around either through different locations, departments or ...
Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
These are the stocks posting the largest moves in midday trading.
The winning fight against climate change lies at the intersection of environmentalism and economics
This approach to environmental action produces results that can be sustained over time because they are aligned with real-world economic ...
SoftBank to invest $500mn in OpenAI
Japanese group led by Masayoshi Son set to join $6.5bn funding round that would value start-up at $150bn
Israel poised to launch ground operation in Lebanon, US officials believe
Planned incursion said to be limited with the aim of clearing Hizbollah infrastructure
Trump says he ‘wouldn’t pay’ employees overtime because he ‘hated it’
The former President proposed eliminating taxes on overtime pay, a practice he admitted to “hating.” Read More
X is now worth less than 25% of what Elon Musk paid for it
New report from Fidelity reassesses the company’s holdings. Read More
Why China needs a ‘Three Arrows’ strategy
Beijing should err on the side of acceptance rather than denial and make major efforts to avoid the mistakes of ...
COVID sickens older adults most severely, but less than half say they’ll get the new vaccine
Your immune system weakens with age, and the more underlying medical conditions you have, the higher your chances of severe ...
CME expands lithium futures battle with LME as battery demand soars
US futures exchange launches contracts for raw material used in electric vehicle chargers
Google to invest $1 billion in Thailand to build a data center and accelerate AI growth
Google is investing 36 billion Thai baht ($1 billion) into Thailand to build a new data center and expand its ...
TD sees one stock as biggest industrial beneficiary of AI-driven nuclear power revival
There is a growing need to maintain, repair and retrofit nuclear plants as electricity demand rises.
Brian Williams is reportedly in talks to anchor election night coverage on Amazon Prime Video
It could be a big move for the former anchor. Read More
