Luxury stocks may be a risky China stimulus bet
Chinese consumer spending once powered luxury companies to all-time highs. With sluggish economic growth, the outlook for the sector might not be the same.
Trump again refuses to release current health records, as Harris questions his fitness
Donald Trump would become the oldest person in U.S. history elected president if he beats Kamala Harris in the Nov. 5 election.
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
Trump calls election case Judge Tanya Chuktan ‘the most evil person’
Donald Trump attacked special counsel Jack Smith and Judge Tanya Chutkan over the public release of documents in his election interference case.
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.
Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision
Tesla faces a new U.S. probe concerning its “Full Self-Driving” systems, and whether they are safe to use in “reduced roadway visibility conditions.”
Amazon cloud boss says employees unhappy with 5-day office mandate can leave
Amazon’s cloud boss on Thursday told employees who are unhappy with the company’s new five-day in-office mandate they can leave for other companies.
Musk pushes debunked Dominion voting conspiracy theory at first Pennsylvania appearance
The billionaire CEO of Tesla and SpaceX and owner of X has ramped up his support of his conservative super PAC and Trump.
Merck says experimental RSV treatment protected infants in trial, paving way for potential approval
Merck is discussing the study data with regulators worldwide, with a goal of making the treatment available for infants as early as the 2025 to 2026 RSV season.
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Shares of Nvidia rose more than 3% on Thursday, briefly tapping a new intraday high of $140.89. It bested a previous record of $140.76, set June 20.
