Tag: business news

WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their ...

Microsoft shares fall after earnings report as analysts process a delayed A.I. ramp

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Microsoft CEO Satya Nadella listen to an audience member question during the company's annual shareholder meeting in Bellevue, Wash., on ...

Deutsche Bank beats expectations despite 27% drop in profit, jump in costs

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A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022.Alex Kraus | Bloomberg ...

SK Hynix posts narrower second-quarter loss amid robust AI demand, sees chip recovery

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SK Hynix reported its earnings for the second quarter of 2023 on Wednesday.Nurphoto | Nurphoto | Getty ImagesSouth Korean chipmaker ...

JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges

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Mary Callahan Erdoes, chief executive officer of asset management at JPMorgan Chase & Co.Simon Dawson | Bloomberg | Getty ImagesJPMorgan ...

Elon Musk’s X rebrand reignites his goal to turn Twitter into an app like China’s WeChat

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In this photo illustration, Elon Musk's photo is displayed on a phone screen in front of a computer screen displaying ...

Wells Fargo announces billion buyback, shares rise

Wells Fargo announces $30 billion buyback, shares rise

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Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said it would buy back $30 ...

Meta’s Threads just got an update that users have been begging for

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The Threads logo is displayed on a smartphone with the Twitter logo in the background. Threads is the new social ...

Spotify shares fall on revenue miss and weak guidance

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Budrul Chukrut | LightRocket | Getty ImagesShares of Spotify fell 7% in premarket trading Tuesday after the company released second-quarter ...

Stocks making the biggest moves midday: AMC Entertainment, Mattel, Chevron, Spotify and more

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