Street Profits Surge
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Top stories - The New York Times
Trump Blames Immigrant Surge for Housing Crisis. Most Economists Disagree.
The former president often implies that deportations will bring down housing costs. Reality is more complicated.3 hours ago - Donald Trump -
Top stories - ABC News
WATCH: Alligator bites van's tire on flooded Florida street during Hurricane Milton
The operator of a sanitation company in north Fort Myers, Florida, captured the moment an alligator popped out of flood waters and bit at his van's tire early Thursday morning.5 hours ago - Florida -
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.6 hours ago -
Business - CNBC
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.7 hours ago -
Business - Financial Times
BlackRock’s assets under management surge to record $11.5tn
Shares hit new peak as a rebound in markets boosts results for the world’s largest money manager7 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.7 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.8 hours ago -
Business - CNBC
Jamie Dimon says geopolitical risks are surging: 'Conditions are treacherous and getting worse'
JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East.8 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.9 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.9 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 borrowers10 hours ago -
World - The Guardian
‘It’s mindblowing’: US meteorologists face death threats as hurricane conspiracies surge
Storms Helene and Milton have triggered rise of misinformation stoked by Trump and fellow Republicans. Hurricane Milton – latest updates Meteorologists tracking the advance of Hurricane ...11 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 week12 hours ago -
World - The Guardian
You be the judge: should my flatmate stop taking things off the street to furnish our home?
Set designer Amala can’t resist a ‘please take’ sign. Ruby thinks it’s all junk and worries about dirt. You decide whose argument belongs in a skip Find out how to get a disagreement settled or ...14 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 -
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 -
Business - MarketWatch
Jobless claims surge to highest level in more than a year
The number of Americans who applied for unemployment benefits surged by 33,000 to 258,000 in the week that ended Oct. 5, the Labor Department said Thursday. This is the highest level of initial ...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 -
Business - Financial Times
Surging US power demand set to exceed supply, says Bain
The boom in data centres for AI will raise prices for ratepayers and risks slowing the energy transitionYesterday -
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 -
Top stories - NBC News
Debris swirls through air, storm surge rises in Sarasota
The storm surge flooded the first floor of a parking garage in Sarasota where NBC News’ Tom Llamas is reporting. Debris is flying around and the water is continuing to rise.Yesterday -
Top stories - BBC News
Families criticise redacted report into disgraced Great Ormond Street surgeon
A heavily-redacted report on cases linked to surgeon Yaser Jabbar should be released in full, parents say.Yesterday -
Top stories - NBC News
Fort Myers mayor says water is ‘slowly rising and flooding streets’
Fort Myers Mayor Kevin Anderson spoke with NBC News after losing power. Anderson said it’s “relatively calm” compared to what he expected but the water is slowly rising in the streets.Yesterday -
Top stories - ABC News
Tampa hospital uses AquaFence to prepare for Hurricane Milton
Tampa General Hospital, the region’s only Level I Trauma Center, is preparing to continue normal operations during Hurricane Milton.Yesterday -
Top stories - CBS News
Fort Myers sees tornadoes ahead of expected storm surge
Fort Myers, Florida, which was devastated by Hurricane Ian two years ago, is expected to see a massive storm surge from Milton. Ahead of the hurricane's arrival, several tornadoes are suspected to ...Yesterday -
Top stories - NBC News
Many in Ft. Myers evacuate ahead of expected storm surge
Ft. Myers could experience a major storm surge as Hurricane Milton hits, and thousands of people have evacuated to shelters. NBC News' Sam Brock reports that the area has already seen dangerous ...Yesterday -
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 -
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