Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction.
Trump says he should get a say on Federal Reserve interest rate decisions
The comments seem to reinforce reporting earlier this year that advisors close to Trump are looking at a host of changes for the Fed.
Delta says chaos after CrowdStrike outage cost it $380 million in revenue
Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million
Trump and Harris agree to Sept. 10 debate on ABC, two more dates in the works
Republican presidential nominee Donald Trump held a news conference at Mar-a-Lago as he tries to slow the momentum of Democratic rival Kamala Harris.
Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
Palantir shares were up about 6% on Thursday morning after the company announced a partnership with Microsoft.
Average consumer now carries $6,329 in credit card debt. ‘People are stretched,’ expert says
Americans are racking up credit card debt and increasingly falling behind on their payments, recent reports show.
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance were expected to total 240,000 for the week ended Aug. 3.
Navigating a wild market: What to buy on the dip
Investors are trying to get a handle on where the market — and the economy — could go next.
Trump, Harris deploy running mates to wage class warfare over ‘what Middle America is’
Gov. Tim Walz, Democratic presidential nominee Kamala Harris’ running mate, criticized the GOP ticket of Donald Trump and JD Vance as out of touch.
Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar
The success of Eli Lilly’s weight loss and diabetes drugs Zepbound and Mounjaro caused the company to hike its guidance.
