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Finance
Bipartisan support grows for Rep. Patrick McHenry to be temporary House speaker
Representative Patrick McHenry (R-NC), the temporary leader of the House of Representatives and the speaker pro tempore, holds the gavel in the House Chamber as they prepare to…
This is the best university in the U.S, according to global rankings—it isn’t an Ivy League
Ivy League institutions consistently rank at the top of U.S.-based college rankings. Princeton University earned the top spot on both The Wall Street Journal's and U.S. News and…
AirAsia CEO Tony Fernandes criticized for LinkedIn post showing topless massage during meeting
A LinkedIn post by Capital A CEO Tony Fernandes.Tony Fernandes | LinkedInThe head of low-cost airline AirAsia has deleted a social media post apparently showing him taking a…
Stocks making the biggest moves premarket: Procter & Gamble, United Airlines, Nvidia and more
Check out the companies making headlines before the bell. Nvidia — Nvidia fell more than 1% after Morgan Stanley and Citi lowered their price targets on the chipmaker, a day after…
Morgan Stanley tops profit estimates on better-than-expected trading results
James Gorman, Morgan Stanley CEO, July 18, 2023.CNBCMorgan Stanley posted third-quarter results that topped profit estimates on better-than-expected trading revenue.Here's what the…
Adidas shares climb after boost from Yeezy sales, guidance raise
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesAdidas on Tuesday hiked its full-year guidance and posted stronger-than-expected…
Apple supplier Foxconn says it’s ‘way too late’ to chase dominance in cutting-edge chips
Apple iPhone supplier Foxconn, officially known as Hon Hai, said its semiconductor strategy is to focus on producing "specialty chips" — not competing in cutting-edge chips."We do…
UK inflation holds steady for September after Bank of England pauses rate hikes
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK.Bloomberg | Bloomberg | Getty ImagesLONDON — U.K. inflation came in at 6.7% in September,…
Russia’s Putin speaks at China’s Belt and Road forum in rare international appearance
Russia's President Vladimir Putin and Chinese President Xi Jinping walk side by side to a group photo session during the third Belt and Road Forum for International Cooperation at…
This currency is now the world’s top performer, after rebounding from record lows
A roadside money changer handling Pakistani rupee coins in Karachi, Pakistan.Bloomberg | Bloomberg | Getty ImagesThe Pakistani rupee has rebounded from an all-time low to become…