Inflation cools but stays near a 40-year high
Inflation data arrived after the Fed's fourth straight jumbo-sized rate hike Consumer prices are up 7.7% over the year ending...
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Republicans close in on U.S. House majority, Senate still up for grabs
Republicans were edging closer to securing a majority in the U.S. House of Representatives early on Thursday, while control of...
Little sign of relief expected in October US inflation data
The nation’s punishing inflation rate likely kept simmering in October, giving the Federal Reserve little cause to ease up in...
Wall Street rises ahead of election results and inflation data
Election Day brought another tick higher for stocks, as Wall Street braces for the results from the day’s midterm elections...
Metaverse flop behind the social media giants’ dismal results
Social media behemoth Meta's big bet on the virtual world metaverse has been a flop - a costly one so...
Facebook parent Meta is preparing large-scale layoffs this week
Meta Platforms Inc (META.O, follow the share value in newshub charts) is planning to begin large-scale layoffs this week that will affect...
Twitter 50% layoffs start today, read the email to the staff
Twitter will tell employees by email on Friday about whether they have been laid off, temporarily closing its offices and...
US pharmacy companies reach $10bn settlement over opioid claims
The deals mean CVS and Walgreens will pay more than $10bn for their roles in the opioid crisis that continues...
Fed delivers big rate hike, highest since early 2008
The Federal Reserve pumped up its benchmark interest rate by three-quarters of a point for a fourth straight time but...
What Elon Musk’s Twitter acquisition means for the midterm elections
Elon Musk, who spent months alternately courting and criticizing Twitter, ultimately acquired one of the world’s largest social media platforms days before...
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