Credit Suisse Shares Fall
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NAB's Profit Falls; Increases Share Buyback
Australia’s second-largest lender by market capitalization reported a 12% decline in half-year net profit and announced it will increase its share buyback by $980 million.The Wall Street Journal - World -
Tesla shares fall amid reports that Supercharger unit slashed
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.MarketWatch - Business - Tesla -
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.The New York Times - Business - Federal Reserve -
What the Fed's interest rate pause means for your credit card debt
The Federal Reserve kept its federal funds rate unchanged. Here's what that means for your credit card debt.CBS News - Top stories -
KKR Sees Private-Equity Pipeline Accelerating as Credit Market Loosens
The buyout firm said easier bank financing is opening up dealmaking opportunities as the year unfolds.The Wall Street Journal - World -
Hong Kong Shares Rise 0.7% in Morning Trade
Hong Kong’s Hang Seng Index rose in early trade, as markets reopened after the Labor Day holiday. Traders are likely digesting Fed comments on the lack of progress toward its inflation target, said IG.The Wall Street Journal - World - Hong Kong -
‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, vacations and groceries. Now he wants to pool our assets.
“He has $1.2 million invested. I have close to $5 million in investments.”MarketWatch - Business -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
Natural Gas Falls on Weak Demand
U.S. natural gas futures settled lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production.The Wall Street Journal - World -
Will mortgage interest rates fall in May?
If you're waiting for mortgage rates to drop, you could be in for a longer wait than anticipated. Here's why.CBS News - Top stories - Mortgage -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
Fastly shares sink 30% on weaker guidance
Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.MarketWatch - Business -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Nadal falls to Lehecka in final Madrid Open match
Rafael Nadal says it has been an "emotional week" after he played his final match at the Madrid Open.BBC News - Top stories - US Open -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Nadal falls to Lehecka in final Madrid Open match
Rafael Nadal says it has been an "emotional week" after he played his final match at the Madrid Open.Yahoo Sports - Sports - US Open -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Warner Bros. Discovery stock falls to all-time low
Shares in Warner Bros. Discovery plummeted to an all-time low Tuesday, as the company fights to retain broadcasting rights to the NBA and shore up Wall Street's confidence in its financial future. The company's stock was trading at less than $8 ...The Hill - Politics -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Trump Taunts Biden Over Fall Debates
Will the two men face off? If so, why not do it the way Kennedy and Nixon did in 1960?The Wall Street Journal - World - Joe Biden -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.CNBC - Business - Donald Trump -
South Korea considers joining alliance for sharing military technology
South Korean Defense Minister Shin Won-sik says his government is considering sharing advanced military technology with the United States, United Kingdom and Australia through the so-called AUKUS partnershipABC News - World - South Korea -
FCC fines wireless carriers for sharing user locations without consent
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data without their consentABC News - Tech -
Forbes and Swinney meet for SNP leadership talks
SNP leadership favourites John Swinney and Kate Forbes have yet to announce they are running for the top job.BBC News - Top stories -
Chinese Scientist Who Shared Covid Sequence Protests Lab Closure
Professor Zhang Yongzhen had flouted a government ban by disclosing the genome of the Covid virus soon after it emerged in Wuhan in 2020.The New York Times - World - Covid -
M.L.B. Executives Share the Most Important Lessons From the Season’s First Month
With some insights from key decision-makers, our expert unpacks a wacky April, starting with the biggest disappointments.The New York Times - Sports -
DJT shares close down more than 9% as Trump Media hot streak stalls
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.CNBC - Business - Donald Trump -
DJT shares plummet more than 10% as hot streak for Trump Media stalls
Trump Media shares dropped sharply in morning trading Wednesday, shortly after breaking above the $50 per share threshold for the first time in nearly a month.NBC News - Top stories - Donald Trump -
U.K. shares video of first migrants being detained under Rwanda plan
Britain's government is claiming a "major milestone" in its controversial plan to fly anyone arriving in the U.K. without permission to Rwanda.CBS News - Top stories - United Kingdom -
Joe Mazzulla shares update on Kristaps Porzingis' injury timeline
Celtics head coach Joe Mazzulla provided more clarity on Kristaps Porzingis' timeline after the big man suffered a calf injury in Game 4.Yahoo Sports - Sports -
U.K. shares video of first migrants being detained under Rwanda plan
Britain's government is claiming a "major milestone" in its controversial plan to fly anyone arriving in the U.K. without permission to Rwanda.CBS News - World - United Kingdom -
Etsy shares plunge 12% on decline in gross merchandise sales
Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.MarketWatch - Business -
Viking shares rise 8% after cruise line operator's market debut
The company's initial public offering coincides with a strong rebound in cruise bookings.CNBC - Business