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Investing
Bank of England downgrades forecasts for UK economic growth
The Bank of England downgraded its forecasts for UK economic growth Thursday and said it would take longer than previously expected for…
Eli Lilly’s stock rises as results beat expectations, Mounjaro sales surge
Eli Lilly & Co. shares
LLY,
+5.35%
gained 1% premarket on Thursday after the drugmaker reported a surprise third-quarter profit…
What to expect from Friday’s jobs report
The September jobs report was somewhat of a shocker, with a surprise 336,000 positions added — nearly double what economists had predicted. It…
How Microsoft’s AI is making a mess of the news
False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the…
ISM factory index drops to lowest level since July
The numbers: A closely-watched index that measures U.S. manufacturing activity fell 2.3 points to 46.7 in October, according to the Institute for Supply…
NY Attorney General announces $328 million in settlement funds from Uber and Lyft for ‘stealing earnings’
Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement…
Japanese yen compared to Turkish lira and Argentine peso, by Deutsche Bank analyst, as yen nears 33-year low
File this one under ‘things you hear at the bottom’. A Deutsche Bank analyst compared the Japanese yen to infamously troubled currencies like the Turkish…
UBS Keeps Advisor Pay Grid Intact, Adds New Bonus to Comp Plan
UBS unveiled its 2024 advisor compensation plan, keeping its pay grid intact while also adding a new bonus, according to an internal memo seen by Barron’s. Jason…