Global insured losses from last week's massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday.
July 25, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The worst day for the S&P500 since 2022 and mounting central bank easing bets suggest markets' serene 'soft landing' scenario is
July 25, 2024
Dow closes more than 600 points higher as investors gear up for rate cuts
July 26, 2024
Inflation is inching closer toward the Fed’s 2% target
July 26, 2024
US prosecutors charge prominent short-seller with fraud
July 26, 2024
The world's second-largest maker of memory chips, SK Hynix, said on Friday it had decided to invest about 9.4 trillion won ($6.8 billion) in its first chip plant in the
July 26, 2024
Medical device maker Dexcom cut its annual revenue forecast on Thursday, blaming a restructuring of its sales team, fewer customers, and lower revenue from each customer, sending its
July 25, 2024
A U.S. judge has blocked a Department of Labor rule from taking effect that would have expanded the types of retirement advisers who are considered
July 26, 2024
U.S. authorities filed criminal and civil charges against Andrew Left, a prominent face of the activist short-selling industry, alleging he had for years manipulated the market and
July 26, 2024
Bank of Nova Scotia said on Friday that it has resolved a technical issue that impacted thousands of its clients in Canada, with several complaining about missing paychecks and
July 26, 2024
WesBanco has agreed to buy smaller rival Premier Financial in an all-stock deal valued at $959 million, the lenders said on Friday, offering another sign of growing consolidation in the
July 26, 2024
Centene Corp said on Friday it expects medical costs to improve next year as states catch up with reassessment of enrollments for its Medicaid plans that
July 26, 2024
Deckers Outdoor shares jumped as much as 17% on Friday, after multiple brokerages raised their price targets following the company's bet on full-price sales of its
July 26, 2024
LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched
July 26, 2024
The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank
July 26, 2024
Private equity behemoth Apollo Global Management has invested $700 million in high-profile record label Sony Music Group, allowing its clients an opportunity to invest in "high grade"
July 26, 2024
U.S. prices rose moderately in June, underscoring an improving inflation environment that potentially positions the Federal Reserve to begin cutting interest rates in September.
July 26, 2024
U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility
July 26, 2024
G20 financial leaders said on Friday the global economy was likely heading for a "soft landing", but warned wars and escalating conflicts
July 26, 2024
U.S. authorities charged prominent activist short seller Andrew Left and his fund Citron Capital, alleging he had for years manipulated the market and defrauded investors
July 26, 2024
A federal grand jury in California has charged activist short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
Global equity funds witnessed fresh investments in the week through July 24 despite a selloff in leading technology stocks as investors remained optimistic about a still-strong second-
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central bank's meeting next week to signal they
July 26, 2024
Over 20 people wounded after Russia strikes apartment blocks in Ukraine’s Kharkiv
German chancellor's Social Democrats seek to hold off far right in Brandenburg state election
At least 51 dead in Iran coal mine blast
Israeli strike kills seven in Gaza school compound, Palestinian medics say
Birds, bees and ballots: Swiss voters to decide on plan to bolster country's fragile biodiversity
Japan PM hopeful Ishiba sees 'room' for corporate tax hike, Kyodo reports
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
GM to lay off about 1,700 workers at Kansas plant
Hong Kong’s first transgender singer-songwriter seeks voice through music
Biles and Chiles to headline "Gold Over America Tour"
Trial in daytime ambush of rapper Young Dolph 3 years ago to begin in Memphis