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1 min read

Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs

Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and c…

Tom Carter   


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3 mins read

Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…

Dominick Reuter   


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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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2 mins read

The Fed gives the US its first jumbo interest-rate cut in 4 years

The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…

Ayelet Sheffey   


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6 mins read

SIMPLY PUT: What’s with all “Unbossing” talks? Are Indian companies also embracing this global trend?

The corporate trend of 'Unbossing' is gaining traction globally, including in India. Major companie…

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3 mins read

RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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5 mins read

I use an AI assistant as a doctor and cut hours off my workload. But, I'm still cautious about AI's future.

A doctor said an AI assistant has cut her workload and she can spend more time with her family. But…

Charissa Cheong   


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1 min read

Stock market today: Indexes slide and yields rise as rate-cut outlook dims

US stocks added to Monday's losses as investors pared back rate cut expectations. Markets are geari…

Filip De Mott   


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2 mins read

Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a ne…

Matthew Fox   


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2 mins read

The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas

Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…

Huileng Tan   


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5 mins read

Why the interest-rate cut isn't delivering the relief consumers were hoping for

The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…

Dan DeFrancesco   


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2 mins read

Warren Buffett showed his cards days before the election — and he's been sweeping chips off the table

Warren Buffett's Berkshire Hathaway built a record cash pile, reduced its Apple and Bank of America…

Theron Mohamed   


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2 mins read

The Fed finally cut interest rates. Here's what comes next.

Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…

Dan DeFrancesco   


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3 mins read

Obama botched the first hand-off. Now, he's hoping Harris can avoid Hillary Clinton's fate against Trump.

Obama briefly praised Joe Biden, but he spent most of his speech was focused on uplifting Kamala Ha…

Brent D. Griffiths   


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3 mins read

The 3 biggest themes investors are watching for as earnings season kicks off

"We'll need to see EPS expectations exceeded by high single digits in the aggregate to keep the str…

Matthew Fox   


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1 min read

US interest rate cut in June seems off the table: Moody's

Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely …

ANI   


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3 mins read

3 reasons rate cuts won't stimulate the economy like they have in the past: Morgan Stanley Wealth Management CIO

Rate cuts aren't going to be effective in boosting the economy for these 3 reasons, says Lisa Shale…

Christine Ji   


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4 mins read

Dropbox lays off 20% of employees and joins Big Tech's flattening trend. Read CEO Drew Houston's memo.

Dropbox's CEO cited external factors and "excess layers of management slowing us down" when announc…

Jaures Yip   


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3 mins read

Heartbreak for Manu Bhaker as she misses out on grand treble at Paris Olympics

The elimination round was topsy-turvy to say the least. Bhaker's chances waxed and waned until she …

PTI   


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7 mins read

Credit card companies are ripping you off like never before

Sky-high credit card interest rates are making it hard for many Americans to pay off their growing …

Ayelet Sheffey