Dow closes higher by more than 400 points as April jobs report bolsters Fed rate cut hopes: Live updates
Stocks jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon.
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.
First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett
The absence of Charlie Munger will be on everyone’s mind when Berkshire Hathaway’s annual shareholder meeting kicks off Saturday in Omaha.
China’s ‘unprecedented’ space mission blasts off to the far side of the moon to collect samples
China on Friday launched a space probe to collect samples from the far side of the moon as the global space race heats up.
Wegovy maker Novo Nordisk extends losses following first-quarter results
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.
‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat.”
34-year-old pays $4,150/month for a 1-bedroom apartment above a mall in Miami—take a look inside
Rachel Koggan moved from NYC to Miami in 2021 and lives in a 1,200-square-foot apartment above the Brickell City Centre.
India’s markets regulator puts seven Adani companies on notice for violations
India’s markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani Enterprises, the group said in stock exchange filings.
AI engineers report burnout and rushed rollouts as ‘rat race’ to stay competitive hits tech industry
AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
