Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile LA mayoral race
Los Angeles Mayor Karen Bass (L) and Los Angeles mayoral candidate Spencer Pratt.Los Angeles Times | Getty ImagesLos Angeles voters...
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Breaking Business News/Latest Business Updates/World Business News Update
Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley's office in Canary Wharf financial district on Jan. 30, 2025 in London, UK.Mike Kemp | In Pictures |...
Eli Lilly's top dealmaker says don't be surprised to see more M&A that pushes Lilly into new areas
Jacob Van Naarden is busy. In addition to running Eli Lilly's oncology business, he's now responsible for finding the drugmaker's next...
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in...
Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays
Goldman Sachs is officially preferring mainland Chinese stocks to those traded in Hong Kong. The investment bank on Wednesday cut...
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the...
Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook
An Ulta Beauty store in Colma, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty...
Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions
Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into "greed" mode as markets are poised to...
Greg Abel channels Buffett's deal-making style in nearly $17 billion spree, expanding into tech
A few months after taking over from Warren Buffett , Greg Abel is making it clear he intends to put...
Job openings in April surged to 7.6 million, the highest in nearly two years
Job openings hit their highest level in nearly two years during April while hiring fell sharply, according to a government...
Polymarket closes its first block trade as prediction markets push for Wall Street adoption
A Polymarket advertisement in a subway station in New York, US, on Thursday, Feb. 5, 2026. Michael Nagle | Bloomberg...
Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria's Secret & more
Check out the companies making headlines before the bell: Marvell Technology — Shares surged 25% after Nvidia CEO Jensen Huang...
Audemars Piguet's watch prices remain stable after controversial Swatch collab
The Royal Pop watches from Audemars Piguet and Swatch. Courtesy: SwatchWhen the famed luxury watch brand Audemars Piguet announced a...
Victoria Secret shares spike 40% after big earnings beat, raised sales outlook
Shoppers may be feeling gloomy about high prices at the pump, but they're still shelling out for new bras and...
Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, official data showed on...
Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up
The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick...
Stocks making the biggest moves midday: MGM Resorts, Zoom Communications, Nvidia, Viasat, IBM & more
These are the stocks posting the largest moves midday. Source link
McDonald's unveils new global growth strategy to win over diners as competition rises
People walk by a McDonald's restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty ImagesMcDonald's on...
UAW union strike threatens General Motors truck production
Members of the United Auto Workers rally for better wages as contract negotiations begin with Dauch Corp. in Three Rivers,...
Nvidia, Meta and SLB rank among top companies in adopting AI, new study says
It seems every company is obsessed with artificial intelligence these days, whether it's how the technology is transforming their industry...
