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MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July2 hours ago - China -
Financial Times - Business
Mercedes-Benz shares fall after profit warning
German carmaker lowers full-year outlook on weakness in Chinese demand1 hour ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 hours ago - China -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.13 hours ago -
Wired - Tech
Big Tech’s New Adversaries in Europe
For the past five years, Big Tech has faced a flurry of new rules and reprimands from Brussels. Now with a new team taking over the European Commission, relations may be entering a new era.2 hours ago -
The New York Times - Lifestyle
She Was Fired From ‘Summer House’ but Now Gets the Last Laugh
The former reality television star has found her footing in comedy, with a hit Netflix special and a podcast tour.12 hours ago
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CNBC - Business
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.48 minutes ago -
CNBC - Business
The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.15 hours ago - Federal Reserve -
CNBC - Business
Anthony Scaramucci says he is 'working alongside' Kamala Harris on her campaign's crypto policies
"I believe that we are making progress, and I think it's going in the right direction," Scaramucci said at the annual TOKEN2049 event in Singapore.6 hours ago - Kamala Harris -
CNBC - Business
Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle
CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the a cutting cycle starts and endorsed his favorites.11 hours ago -
CNBC - Business
Disney to ditch Slack following July data breach
The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.13 hours ago