Today: September 22, 2024
Today: September 22, 2024

Finance

Business|Finance|Stock Markets|Technology

Amazon shares drop on slowing online sales growth

Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper

Amazon shares drop on slowing online sales growth
Business|Europe|Finance|Stock Markets

New worries over growth spook markets

A look at the day ahead in European and global markets from Rae Wee It's been a rollercoaster ride of a week and Friday is shaping up to be no exception for investors, with risk assets in particular

New worries over growth spook markets
Economy|Finance

Flaring economic worries threaten US stocks rally

Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S.

Flaring economic worries threaten US stocks rally
Asia|Business|Finance

Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street

Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation

Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street
Economy|Finance

Australia, NZ dollars grapple with risk aversion as US growth fears weigh

The Australian dollar was pinned near three-month lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world's largest economy, sending investors to the embrace

Australia, NZ dollars grapple with risk aversion as US growth fears weigh
Business|Finance|Stock Markets

Buffett's sales of Bank of America top $3.8 billion

Berkshire Hathaway, run by billionaire Warren Buffett, extended its selling of Bank of America shares, and has shed more than $3.8 billion of the second-largest U.S.

Buffett's sales of Bank of America top $3.8 billion
Business|Finance|Technology

Philippine's Mynt gets valuation boost at $5 billion with Ayala, MUFG funding

Mynt, which operates the Philippine e-wallet brand and IPO-hopeful GCash, has more than doubled its valuation to $5 billion following investments from Ayala Corp and

Philippine's Mynt gets valuation boost at $5 billion with Ayala, MUFG funding
Business|Economy|Finance|Stock Markets

Oil falls, Brent settles at 7-month low after disappointing US job numbers

Oil prices fell on Friday, with

Oil falls, Brent settles at 7-month low after disappointing US job numbers
Business|Economy|Finance

Dollar hits four-month low as weak US jobs data boosts rate cut bets

The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will

Dollar hits four-month low as weak US jobs data boosts rate cut bets
Business|Finance|News|Sports

US judge throws out $4.7 billion verdict against NFL in 'Sunday Ticket' lawsuit

A U.S. judge in California on Thursday threw out a $4.7 billion verdict against the National Football League in a lawsuit claiming it overcharged subscribers to its Sunday

US judge throws out $4.7 billion verdict against NFL in 'Sunday Ticket' lawsuit
Business|Economy|Finance

RBA to hold rates steady in August; first cut seen in early 2025: Reuters poll

The Reserve Bank of Australia will hold interest rates on Tuesday at near a 13-year high and wait until the first quarter of 2025 before reducing them,

RBA to hold rates steady in August; first cut seen in early 2025: Reuters poll
Asia|Business|Finance

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a stronger-than-expected 14% year-on-year jump in second quarter net

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets
Election|Finance|Political

Trump campaign reports raising $137 million in July, falling short of Harris' first-week total

Republican former President Donald Trump’s campaign and its related affiliates say they raised $138.7 million last month

Trump campaign reports raising $137 million in July, falling short of Harris' first-week total
Economy|Finance

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors
Business|Finance|Technology

Avast antivirus owner Gen forecasts strong quarterly revenue on robust software demand

Cybersecurity firm Gen Digital forecast second-quarter revenue above Wall Street estimates on Thursday, a sign that customers will increase spending on antivirus

Avast antivirus owner Gen forecasts strong quarterly revenue on robust software demand
Election|Finance|Political

Trump’s political operation says it raised nearly $139 million in July

Trump’s political operation says it raised nearly $139 million in July

Trump’s political operation says it raised nearly $139 million in July
Business|Finance|Technology

Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services

Motorola Solutions raised its full-year revenue and profit forecast and beat quarterly results on Thursday, as it sees robust demand for its safety and enterprise security services.

Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services
Economy|Finance|Stock Markets

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide

Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide
Business|Finance|Travel

Booking expects room nights growth to ease, shares fall

(Reuter) - Online travel agency Booking Holdings forecast lower room nights growth in the third quarter after beating analysts' estimates for second-quarter revenue and profit, sending its shares down

Booking expects room nights growth to ease, shares fall
Business|Economy|Finance

Prudential Financial's adjusted Q2 profit rises on US unit strength

Insurer Prudential Financial reported a rise in second-quarter adjusted profit on Thursday, as its U.S. unit was boosted by stronger underwriting and higher investment returns.

Prudential Financial's adjusted Q2 profit rises on US unit strength
Economy|Finance|Technology

Why Trump wants the US government to have a 'national stockpile' of bitcoin

At a national bitcoin conference in Nashville, Donald Trump finally spelled out some of his crypto policy proposals including one hotly anticipated part of his plan -- building a strategic bitcoin reserve. CNN's Jon Sarlin explains what that is and why the crypto industry wants it.

Why Trump wants the US government to have a 'national stockpile' of bitcoin
Economy|Finance|Lifestyle

Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.

Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.

Years ago, she thought ahead and bought sinkhole insurance. It saved the Clarksville homeowner nearly $400K.
Business|Economy|Finance|Stock Markets

Coterra Energy misses profit estimates on weak natural gas prices

U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.

Coterra Energy misses profit estimates on weak natural gas prices
Business|Economy|Finance|Technology

Coinbase's second-quarter revenue surges on crypto trading revival

Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.

Coinbase's second-quarter revenue surges on crypto trading revival
Business|Economy|Finance

Block lifts core earnings forecast on consumer spending strength

Payments firm Block raised its forecast for annual adjusted core earnings on Thursday and unveiled a $3 billion buyback plan, betting on resilient consumer spending

Block lifts core earnings forecast on consumer spending strength

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