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CBS News - Top stories
Police bust $1 billion cocaine ring dubbed "The Commission"
In addition to the cocaine, detectives allegedly seized 10 cars, $800,000 in cash, a Rolex watch, four guns and two ballistic vests.3 hours ago -
The Hill - Politics
Congress races to patch $3B Veterans Affairs shortfall
Lawmakers are moving quickly to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs (VA), as officials warn veterans' and survivors' benefits ...17 hours ago -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...18 hours ago -
CNBC - Business
The Fed goes big — a nice jumpstart to lowering mortgage rates and boosting housing plays
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.21 hours ago - Mortgage -
NBC News - Top stories
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power ...22 hours ago -
Inc. - Business
Startup Intuitive Machines Wins $4.8 Billion NASA Contract
To establish a permanent base on the Moon and explore its surface, NASA needs a 21st century communications infrastructure. It chose a small Houston, Texas-based commercial space company to do the ...23 hours ago - NASA -
ABC News - Sports
Rogers Communications buys out Bell stake in Maple Leafs Sports for $3.5 billion
Rogers Communications Inc. is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $3.5 billionYesterday -
CNBC - Business
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
The two airlines can begin the process of closing their $1.9 billion merger.Yesterday -
ABC News - World
Google wins legal bid to overturn 1.5 billion euro antitrust fine in digital ad case
Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising businessYesterday - Google -
CNBC - Business
Google wins court challenge to the EU's $1.7 billion antitrust fine over ad product
The European Union's second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) antitrust fine imposed on Google by regulators should be annulled.Yesterday - Google -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economyYesterday -
MarketWatch - Business
Dow’s record run leaves transports behind. Here’s what it means for stocks.
How unusual is the underperformance of the Dow Transports — and how concerning is it?Yesterday -
CNBC - Business
Will the U.S. elections impact crypto markets? Insiders weigh in
Crypto insiders on Wednesday downplayed the importance of of the U.S. presidential race on the market at the annual TOKEN2049 event in Singapore.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 -
ABC News - World
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad case
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad caseYesterday - Google -
The New York Times - Sports
A Small-Market Team Is Setting an Example for M.L.B.
The Royals are on the brink of the postseason because they wanted to get better quickly. It’s refreshing, a columnist for The Athletic writes.Yesterday -
The Hill - Politics
House passes bill to plug $3B VA budget shortfall
The House on Tuesday passed an emergency bill to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), as officials warn millions of veterans’ benefits are ...Yesterday -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
The New York Times - Business
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.Yesterday - Ukraine -
VentureBeat - Tech
EA aims to double audience to over 1 billion in 5 years
Electronic Arts unveiled its EA Sports App for connected entertainment beyond gaming will begin testing this fall.Yesterday -
CNBC - Business
Healthy Returns: How competitive can Roche be in the weight loss drug market?
Roche presented early-stage data on its obesity injection and pill at EASD. Meanwhile, Oura enters into metabolic health market with acquisition of Veri.Yesterday -
Financial Times - Business
SEC says FTX auditor did not understand the crypto market
Regulator’s case against Prager Metis details alleged failures in examining the exchange before its collapseYesterday - Crypto -
Inc. - Business
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with ...Yesterday -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipation2 days ago - Federal Reserve -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...2 days ago -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.2 days ago -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says Deutsche2 days ago -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.2 days ago -
MarketWatch - Business
FanDuel owner Flutter Entertainment strikes $2.6 billion deal to buy Italy’s Snaitech
Flutter Entertainment has reached an agreement to acquire Playtech subsidiary Snaitech, in what will see the Irish company become Italy’s largest gambling business2 days ago -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companies2 days ago -
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Financial Times - Business
Fund managers bemoan lack of choice in UK stock market
Rise in foreign takeovers and shortage of IPOs reduce pool that investors can select from2 days ago - United Kingdom -
Financial Times - World
Time to retire the emerging markets brand
Innovations around EM indices are required with more thematic benchmarks2 days ago -
The Wall Street Journal - Business
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.2 days ago - Microsoft -
The New York Times - Business
R. Peter Munves, Master Marketer of Classical Music, Dies at 97
As an executive at Columbia and RCA Records, he popularized the classics for mass audiences by applying the same techniques used to sell pop music.2 days ago