Affirm’s stock soars after earnings crush estimates and CEO sees path to profitability
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The New York Times - Top stories
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.31 minutes ago -
Financial Times - Business
S&P 500 closes at record high after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth36 minutes ago - Federal Reserve -
CNBC - Business
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.55 minutes ago - Crypto -
MarketWatch - Business
Corning’s stock rises as it sticks to Q3 profit view
Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.2 hours ago -
MarketWatch - Business
Fertility-benefits provider Progyny’s stock on track for biggest-ever decline after losing ‘significant’ client
Progyny Inc.’s stock tumbled 31% Thursday, to put it on track for its biggest-ever one-day decline, after the provider of fertility-care benefits for employers said a “significant” client had ...3 hours ago -
MarketWatch - Business
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.3 hours ago -
The New York Times - Business
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a ...4 hours ago -
MarketWatch - Business
Olive Garden parent Darden’s earnings hit by ‘significant’ drop in traffic in July, but stock gains on Uber delivery tie-up
Darden Restaurants Inc.’s stock rose 7% Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it ...5 hours ago -
CBS News - Top stories
Stocks surge a day after Federal Reserve's first rate cut since 2020
Investors buoyed by Fed's outsized rate cut and data showing the U.S. economy remains on solid ground.6 hours ago -
The Wall Street Journal - World
Boy Stabbed to Death in China as Anti-Japan Sentiment Soars
The attack on the 10-year-old boy was the second such incident in months amid a social-media campaign that has stirred up anti-Japan sentiment in China.6 hours ago - China -
CBS News - Top stories
Car insurance rates are soaring. Here's how to cut costs.
As the average cost of car insurance climbs over $2,300 per year, Consumer Reports' Brian Vines provides practical advice to reduce payments.6 hours ago -
MarketWatch - Business
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover ...7 hours ago -
MarketWatch - Business
Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
Market giving mixed signals; new trading positions include Airbnb.7 hours ago - Federal Reserve -
MarketWatch - Business
Builders FirstSource’s stock rises as it names new CEO
Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.8 hours ago -
CNBC - Business
Lunar company Intuitive Machines' stock jumps more than 40% after NASA moon satellite contract
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years.23 hours ago -
Yahoo Sports - Sports
What Warner told 49ers' locker room after crushing loss to Vikings
Fred Warner had some pointed and honest comments about the San Francisco 49ers' frustrating loss to the Minnesota Vikings on Sunday.Yesterday - NFL -
VentureBeat - Tech
DataStax CEO: 2025 will be the year we see true AI transformation
DataStax CEO Chet Kapoor says current challenges in AI are a normal part of technological revolution and 2025 will see true transformation.Yesterday -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.Yesterday -
MarketWatch - Business
Trump social-media stock ‘DJT’ slides nearly 3% after CNBC poll finds Harris defeating Trump in November
Trump Media’s stock has been mostly trending lower since mid-July.Yesterday - Donald Trump -
The Hill - Politics
Montana Supreme Court affirms Green Party Senate candidate can appear on ballot
The Montana Supreme Court on Tuesday affirmed a lower court ruling that allowed the state’s Green Party Senate candidate to remain on the ballot in November, a blow to Democrats’ efforts to prevent ...Yesterday -
MarketWatch - Business
23andMe’s independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.Yesterday -
CBS News - Top stories
Some young adults are embracing creative paths to home ownership
As the cost of homeownership increases, more young adults are turning to co-buying homes with friends or moving into multi-generational households.Yesterday -
MarketWatch - Business
Intuitive Machines’ stock soars, boosted by NASA contract worth up to $4.82 billion
Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.Yesterday -
The New York Times - Top stories
What Harris Must Do to Win Over Skeptics (Like Me)
It’s not enough to be “Not Trump.”Yesterday -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...2 days ago -
MarketWatch - Business
Donald Trump could sell his ‘DJT’ stock after saying he won’t — but that might spark lawsuits
Donald Trump registered his shares for potential sale in April, but the GOP presidential nominee said last week won’t sell when lockup provision ends as early as Friday.2 days ago - Donald Trump -
MarketWatch - Business
Nvidia’s stock has room to run, but analysts see more upside for six other chip makers
Analysts predict Micron’s stock could nearly double from here, while Marvell and AMD are other favored plays.2 days ago -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago -
The New York Times - Top stories
Kimmel Takes Stock of Trump’s Rhetoric After Suspect’s Arrest
Jimmy Kimmel said the former president, who blamed Democrats for “highly inflammatory language,” was himself “not a calming influence.”2 days ago