Business

Conflicting economic signals are causing confusion in the bond market

Bond market investors are having trouble figuring out an economy that looks good from 30,000 feet, but less so closer ...

US approves lithium project in push to break China’s grip on EV minerals

Biden administration issues rare mine approval for Ioneer site in Nevada and extends tax breaks to companies

Mozambique ruling party wins election condemned as ‘rigged’

Frelimo’s Daniel Chapo takes presidency after polls marred by irregularities and murder of opposition advisers

Spirit AeroSystems weighs hundreds of more furloughs or layoffs if Boeing strike lasts past Nov. 25

More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.

Partner pay at top US law firms jumps to record $1.4mn

Survey shows 26% increase in two years on signs of revival in M&A activity

Solana soars 19% thanks to an AI memecoin frenzy

Sol outperforms the broader crypto market this week, reaching a new all-time high against Ethereum. Read More

Heineken liable for competition violations by Greek unit, Dutch court rules

Judgment over infractions stretching back to 1990s leaves brewer open to hundreds of millions of euros in potential damages

Jump Trading is offering 4-day-a-week tech jobs with $175K salaries, but they come with a catch

The trading firm is hiring a “weekend warrior,” emphasis on the warrior. Read More

Mattel, Hasbro lower guidance ahead of holiday season

Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during ...

23 Nobel prize winners push for Kamala Harris, calling her a ‘better steward of our economy’ than Trump

Economists say that tariffs and tax cuts make Trump’s plan weaker than Harris’ Read More

Tesla now says cheaper cars are on the horizon—including possibly the rumored Model 2—after reportedly scrapping its plans for a $25,000 vehicle earlier this year

The company had long promised “an even more affordable car” after the Model S and Model 3. Read More

Prominent data scientist on latest election odds: Trump leads, but Harris is gaining

Thomas Miller, a data scientist and professor at Northwestern University, says the 2024 presidential race has whipsawed over the past ...

Here are Oppenheimer’s best stock ideas heading into November

As October nears its end, Oppenheimer is eyeing some stocks that it thinks are slated for gains over the next ...

Why did India’s biggest IPO this year falter on its debut?

Some cite unique elements of the listing as factors in its faltering IPO. Others, however, say sitting on the sidelines ...

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Boeing factory workers reject latest contract offer

Vote deals blow to new chief executive’s plan to stabilise business

Drugs like Ozempic and Wegovy are linked to a lower risk of Alzheimer’s disease, new study says

A new study reveals that the active ingredient in drugs like Ozempic and Wegovy could lower the risk of developing ...

U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse

Ripple CEO Brad Garlinghouse is a big cynic on U.S. crypto regulation, but highly optimistic about the post-election environment around ...

Trudeau to slash Canada’s migrant numbers in bid to shore up his government

High living and housing costs prompted public backlash to progressive immigration schemes

Kering and Hermès tell tale of luxury inequality

While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdown

Forget AI stocks, this supermarket name is more exciting, says chart analyst

David Keller breaks down the stock charts on grocer Kroger.

Nvidia’s Huang teams with Asia’s richest man on Blackwell AI hub

India has emerged as a potentially major AI arena, with the country of 1.4 billion adopting the technology in industries ...

OpenAI disbands another safety team, head advisor for ‘AGI Readiness’ resigns

OpenAI is disbanding its “AGI Readiness” safety team, which advised the company on its capacity to handle the outcomes of ...

FDA eyes McDonald’s supplier Taylor Farms as source of E. Coli outbreak

Taylor Farms issued a recall on four raw onion products out of an abundance of caution “due to potential E. ...

America’s 10 richest men can’t agree who should be the next president

Some have thrown money and support behind the candidates, while others have stayed quiet. Read More

Earnings growth is falling short of expectations thus far

S&P 500 companies are falling short of earnings growth forecasts. Part of the reason could be high expectations as well ...

Growth hit by freeze on tax thresholds, says BoE official

‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

Eminem stumps for Kamala Harris at Detroit rally: ‘I don’t think anyone wants an America where people are worried about retribution’

The rapper spoke at a rally in Michigan before introducing former President Barack Obama. Read More

US issues new rules on use of AI by security establishment

Directive part of Washington’s attempts to encourage new technology

Tesla shares surge to best day in more than 3 years following Musk delivery growth predictions

Tesla shares soared 19% Thursday, putting it on pace for its best day in more than three years, following its ...