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Finance
Microsoft announces custom AI chip that could compete with Nvidia
Microsoft unveiled two chips at its Ignite conference in Seattle on Wednesday.The first, its Maia 100 artificial intelligence chip, could compete with Nvidia's highly sought-after…
GM union workers appear poised to vote down record UAW deal
United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker's full-size sport utility vehicles, in another expansion of the strike in…
5 things to know before the stock market opens Wednesday
Here are the most important news items that investors need to start their trading day:1. Cool inflation, hot marketBoom. Softer-than-expected inflation data juiced stock markets…
Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more
Check out the companies making the biggest moves in premarket trading: Target — Shares surged nearly 14% after the retail giant beat earnings and revenue expectations for its third…
UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’
Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019.Arnd WIegmann | ReutersUBS Group CEO…
Top court upholds ruling that UK’s Rwanda migrant plan is unlawful
Britain's Prime Minister Rishi Sunak speaks during the London Defense Conference, at King's College, in central London, on May 23, 2023.Ben Stansall | Afp | Getty ImagesBritain's…
Latest news on Russia and the war in Ukraine
Russia taking bigger losses in Avdiivka than in Bakhmut, Ukraine saysAVDIIVKA, UKRAINE - OCTOBER 30: Police officer Gennady convinces a local resident who lives in a dilapidated…
German court rules budget maneuver unconstitutional
Germany's constitutional court ruled on Wednesday that the coalition government's decision to re-allocate 60 billion euros ($65.21 billion) of unused debt from the pandemic era to…
UK inflation falls by more than expected in October to 4.6%, lowest in two years
Shoppers pass along the main high street in Whitstable, UK.Bloomberg | Bloomberg | Getty ImagesLONDON — U.K. inflation fell sharply in October to 4.6% from 6.7% the previous month,…
Cooler monthly inflation report pushes mortgage rates even lower
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty…