Author: News Room
The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still underscores the bumpy process…
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four…
Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.Berkshire Hathaway became the first non-technology company to top a $1…
An inflation measure closely watched by the Federal Reserve inched higher in July as elevated prices continue to weigh on millions of Americans. The Commerce Department reported Friday that the…
NOTE: numbers are in USD unless otherwise stated. 1 EUR = 1.09 USD Volkswagen (OTCPK:VWAGY) is a German automotive giant, encompassing more than 10 vehicle brands, including VW, Audi, Lamborghini,…
Check out the companies making headlines in premarket trading. CrowdStrike — Shares of the cloud security platform ticked up about 2% following an upgrade to buy from HSBC. Analyst Stephen…
China’s economic landscape is undergoing a profound transformation, marked by significant shifts in its growth engines. The evolving composition of China’s economic drivers is likely to have long-term implications for…
Alibaba has completed a three-year regulatory “rectification” process following an antitrust fine it received on charges of monopolistic practices in 2021, China’s market regulator said on Friday.Shares of Alibaba rose…
I initially covered AFC Gamma (NASDAQ:AFCG) in May, rating it a Hold. This decision was informed by a mostly positive view of its role as a real estate lender for…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. The world’s leading AI chip producer, Nvidia, just delivered…