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Breaking News: Markets

Nvidia shares fall despite earnings beating estimates

A binary code is displayed on a laptop screen in the background, while the Nvidia logo is showcased on a phone on April 28,...

These Asian firms in Buffett’s Berkshire Hathaway portfolio have surged, with one soaring 30%

Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesThe five trading firms in Warren Buffett-backed Berkshire Hathaway's portfolio — Itochu Corp,...

U.S. crude oil jumps more than 3% on Libya production halt for best day in two weeks

U.S. crude oil futures gained 3% on Monday for the best day in two weeks, amid reports of a production halt in Libya and...

Bank of England’s Bailey: ‘More restrictive policy’ could still be needed due to labor market shocks

Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday,...

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or...

Is Nvidia’s earnings report really make or break? Here’s why we don’t think so

Nvidia is set to report earnings next week, and investors are understandably on edge given the swings in shares of the artificial intelligence chipmaker...

Treasury yields rally as Federal Reserve signals readiness for September rate cut

The U.S. 10-year Treasury rose on Thursday as dovish minutes from the latest Federal Reserve meeting and a large revision lower in preliminary payrolls...

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.As part of...

‘Britain’s Bill Gates’: Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a...

Dow jumps 400 points as strong retail sales soothe recession fears: Live updates

A trader works on the floor of the New York Stock Exchange. NYSEStocks rallied on Thursday as investors regained confidence in the economy following encouraging...

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an...

Texas sues GM for allegedly violating drivers’ privacy

General Motors has been sued by the state of Texas, which accused the automaker of installing technology on more than 14 million vehicles to...

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