Business

The latest business news, market analysis, and financial advice.

Zaslav, Malone lay groundwork for WBD’s next move

Barbara Terrio

John Malone suggested that regulators may be open to media consolidation it wouldn’t typically allow if one or more of ...

Powell calls Fed policy ‘restrictive,’ cautions on being ‘misled’ by data

Barbara Terrio

Federal Reserve Chair Jay Powell said Thursday that monetary policy is in “restrictive territory” and putting downward pressure on inflation, ...

Mortgage rates plummet by largest amount in a year

Barbara Terrio

David Paul Morris/Bloomberg/Getty Images Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023. Washington, DC CNN  —  Mortgage rates tumbled this ...

Warren Buffett Explains Investors Repeatedly Fall Into The Same Traps – ‘The Big Mistake Is Thinking They Know When To Buy And Sell Stocks’

Barbara Terrio

In an interview with Yahoo! Finance published in 2017, legendary investor Warren Buffett pinpointed a fundamental error many investors make. ...

Shell sues Greenpeace for $2.1 million after activists boarded oil vessel

Barbara Terrio

[1/6]Greenpeace activists stand with a banner on a Shell oil production vessel in the Atlantic Ocean, February 1, 2023. Greenpeace/Handout ...

Dow Jones Rises After Jobless Claims; Nvidia Is Breaking Out Today With Powell Speech Next

Barbara Terrio

The Dow Jones Industrial rose Thursday morning, with the closely watched index gaining ground while markets digested the Labor Department’s ...

Jobless claims dip to 217,000. Layoffs stay low.

Barbara Terrio

The numbers: The number of Americans who applied for unemployment benefits last week fell slightly to 217,000 and stayed at ...

Novavax posts higher-than-expected revenue, says prepared to further cut costs

Barbara Terrio

(Reuters) -COVID-19 vaccine maker Novavax on Thursday reported higher-than-expected revenue for the third quarter, boosted by U.S. government grants to ...

Apple suffers setback in fight against EU’s $14 billion tax order

Barbara Terrio

The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, ...

Oil at $100 a Barrel is Looking Less Likely After All

Barbara Terrio

(Bloomberg) — The big bang expected for oil prices this year is turning into a whimper. Most Read from Bloomberg ...