Wall Street Profits Surge Despite Questions About the Economy
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Top stories - ABC News
Voters question Harris' pitch as agent of change: POLL
Kamala Harris' positioning as a change agent is running into headwinds from her role in the unpopular Biden administration, a new ABC News/Ipsos poll found.3 hours ago -
Top stories - CBS News
Dancing crossing guard brings rhythm to the streets of Brooklyn
For more than a decade, Brooklyn's beloved crossing guard "Star" has been directing traffic with style.4 hours ago -
Business - CNBC
Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.5 hours ago -
Business - CNBC
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.5 hours ago -
Sports - ESPN
Mixon practices, questions NFL's safety policies
Texans running back Joe Mixon called out the NFL on Thursday, questioning the league's priorities regarding player safety.6 hours ago -
Top stories - BBC News
Firms 'pausing' hiring and investing ahead of Budget
A leading business group says firms are delaying decisions, wanting "more clarity" over the government's policies.7 hours ago -
Business - CNBC
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.7 hours ago -
Business - The New York Times
Wall Street Profits Surge Despite Questions About the Economy
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.7 hours ago -
Business - Financial Times
JPMorgan beats expectations with quarterly profits of $12.9bn
Net income figure exceeds forecasts even as bank prepares for higher loan losses from indebted borrowers8 hours ago -
Business - MarketWatch
BP says lower refining margins will hit profits by up to $600 million
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits after Shell made a similar warning this week10 hours ago -
Business - CNBC
UK economy returns to growth as Labour tees up all-important budget
The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost for the Labour government.11 hours ago - United Kingdom -
Business - Financial Times
UK economy grew 0.2% in August
Figure comes as chancellor Rachel Reeves prepares Labour government’s first Budget this month12 hours ago - United Kingdom -
Top stories - BBC News
Sparks fly in Question Time US election special
Politicians and pundits were quizzed by the BBC's Fiona Bruce and American voters in Pennsylvania.19 hours ago -
Sports - CBS Sports
Patriots' Jacoby Brissett 'wants the best' for Drake Maye despite being extremely disappointed about benching
Brissett with some true words on losing the starting job23 hours ago -
Business - Inc.
Venture Investors Remain Cautious, Even as Stocks Surge
A Pitchbook report explains that a one-third drop in deals from the preceding quarter is rooted in limited liquidity, which will slow the IPO pipeline.Yesterday -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...Yesterday -
Business - CNBC
Wall Street analysts downgrade Honeywell. We think they're making a mistake
JPMorgan cut the industrial name's rating to neutral from buy, citing concerns that its forthcoming materials spin-off appears dilutive.Yesterday -
Politics - The Hill
Trump’s tariffs would remake the economy, mostly for the worse
A tariff is just an indirect sales tax. It makes most goods more expensive. The effect is not just on foreign goods.Yesterday -
Business - Financial Times
US committed to G7 loan for Ukraine despite setback
Washington is seeking workaround after Hungary blocks request to extend EU sanctions on RussiaYesterday - Ukraine -
Business - MarketWatch
Domino’s Pizza tops profit expectations but misses sales view as competition for value-seeking consumer heats up
Domino’s Pizza Inc.’s stock reversed early losses to trade up 1.9% Thursday, after the chain’s fiscal third-quarter profit beat weighed against a slight revenue miss in a still challenging consumer ...Yesterday -
Politics - The Hill
DeSantis rips Wall Street analysis over Milton assessment
Florida Gov. Ron DeSantis, discussing Hurricane Milton at a Thursday press conference, called out a Wall Street analyst who predicted the storm would cost the state $50 billion. The Republican was ...Yesterday -
Business - MarketWatch
Wall Street’s hottest trade of the summer is at risk of fizzling out
Utilities stocks have had an incredible run in 2024. But has Wall Street’s hottest trade of the summer come too far, too fast?Yesterday -
Sports - ESPN
Source: Ten Hag preparing as usual for next match
Erik ten Hag is preparing as normal for Manchester United's next game against Brentford, a source told ESPN, despite continuing uncertainty surrounding his position.Yesterday -
Business - The New York Times
Hurricane Milton, Inflation and the Economy
The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye on upcoming inflation data.Yesterday -
World - ABC News
Lithuania votes in a weekend general election with many looking for change despite good economy
Lithuania’s center-right coalition could be replaced by the opposition Social Democrats and smaller center-left parties when voters in the Baltic country go to the polls on SundayYesterday -
Sports - ESPN
LeBron questions preseason trip to Milwaukee
LeBron James questioned the need for the team's preseason trip to Milwaukee, as the Lakers are playing six preseason games -- with none at home.Yesterday -
Business - Financial Times
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industryYesterday -
Top stories - The New York Times
Hurricane Milton’s Storm Surge Threatens Dangerous Flooding in Florida
A combination of unrelenting rains and strong storm surge prompted officials to issue flash flood warnings in western and Central Florida.Yesterday - Florida -
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Top stories - BBC News
Spain looks to immigrants to drive economy
Spain has seen a big rise in illegal immigration, but some say that the extra workers are needed.Yesterday - Spain -
Business - The New York Times
The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.2 days ago - Donald Trump -
Business - Financial Times
Jenrick vs Badenoch: meet the next Conservative leader
Elimination of James Cleverly from contest leaves Tory members with choice between two rightwingers2 days ago -
Top stories - ABC News
What to know about storm surge as Milton nears Florida
Storm surge is a major threat from Hurricane Milton, which is set to make landfall on Florida's west coast as a Category 4 hurricane Wednesday night.2 days ago - Florida -
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Top stories - BBC News
Record storm surge forecast in Florida
Parts of Florida are bracing for a huge storm surge. But why do such surges happen and why are they so deadly?2 days ago - Florida