Most Read

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates

The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.

Singapore’s banking authority says DBS outage was ‘unacceptable’

Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.

Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more

Lululemon rallied on strong earnings. Foot Locker fell after UBS downgrade.


Recent News

‘Rust’ case district attorney appoints new special prosecutors, recuses herself

The DA’s decision in the Alec Baldwin “Rust” case comes soon after the previous special prosecutor stepped down.

JetBlue is preparing to trim New York flights in response to FAA staffing shortage, CEO says

The Federal Aviation Administration will let airlines reduce schedules at congested airports due to air traffic controller shortages.

YES Network launching streaming service to give non-cable viewers access to Yankees games

The YES Network, which carries Yankess games, is the latest regional sports network to launch a direct-to-consumer streaming service.

Apple announces its big annual conference, where it could reveal its new headset

WWDC also provides a preview of where Apple is heading because the company discusses its goals for software development and reveals new iPhone features.


Trading

Electronic Arts is cutting about 800 jobs, or 6% of workforce, and reducing office space

Video game company Electronic Arts will lay off 6% of its workforce and reduce office space, costing the company around $200 million.

Apple announces its big annual conference, where it could reveal its new headset

WWDC also provides a preview of where Apple is heading because the company discusses its goals for software development and reveals new iPhone features.

Donald Trump is back on social media, and nobody knows what happens next

Now that Donald Trump has his Twitter and Facebook back, the social media platforms have to decide how much they’re willing to take.


World News

Google reshuffles virtual assistant unit with focus on Bard A.I. technology

Google is reorganizing its Assistant team to include more focus on Bard as the company shifts more resources to artificial intelligence.

After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants

Alibaba’s major reorganization is viewed as a sign that the Chinese government could be relaxing its intense scrutiny of the domestic technology sector.

China’s strong demand for commodities to exceed post-2008 crisis, mining giant says

China’s reopening will boost demand for commodities more significantly than it did after the 2008 financial crisis, says Andrew Forrest, executive chairman of Fortescue.


Business

Satellite-imagery venture Planet reports record quarterly revenue to cap strong year

Planet on Wednesday delivered another record quarter of revenue, nearing the top end of its full-year revenue forecast.

‘Rust’ case district attorney appoints new special prosecutors, recuses herself

The DA’s decision in the Alec Baldwin “Rust” case comes soon after the previous special prosecutor stepped down.

JetBlue is preparing to trim New York flights in response to FAA staffing shortage, CEO says

The Federal Aviation Administration will let airlines reduce schedules at congested airports due to air traffic controller shortages.