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Finance
Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers
Oscar Wong | Moment | Getty ImagesThere may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months.Banks…
U.S. cities are sinking. Here’s what that means for homeowners
The land below many U.S. cities is sinking, including New Orleans, New York City, Miami and south San Francisco.This phenomenon, known as land subsidence, can severely affect the…
Stocks making the biggest moves premarket: Delta Air Lines, Costco Wholesale, Pfizer and more
Check out the companies making headlines before the bell. Delta Air Lines — Shares tumbled 9% after the airline issued a lower-than-expected sales growth forecast in the current…
PepsiCo earnings beat estimates, but U.S. demand weakens
Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo reported…
Pfizer moves forward with once-daily version of weight loss pill after setbacks
Sopa Images | Lightrocket | Getty ImagesPfizer on Thursday said it will move forward with a once-daily version of its weight loss pill, danuglipron, after it saw "encouraging" data…
Apple reaches deal with EU regulators to open up mobile payments system to rivals
The European Union flag displayed on a mobile phone screen in front of the Apple logo on July 2, 2024.Anadolu | Anadolu | Getty ImagesLONDON — EU antitrust regulators on Thursday…
China’s robotaxi push sparks concerns about job security for drivers
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to be completely autonomous in…
5 things to know before the stock market opens
Here are five key things investors need to know to start the trading day:1. Thirty-sixth highIt's yet another record close for the S&P 500. The broad market index advanced…
Watch Fed Chair Jerome Powell testify live before the House financial services panel
Federal Reserve Chair Jerome Powell is set to testify on Capitol Hill before the U.S. House Financial Services Committee on Wednesday.The appearance comes after Powell appeared…
Japan’s Nikkei smashes past 42,000 mark to all-time high; Asia-Pacific markets climb on tech rally and rate cut…
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9…