Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:54
Defense firm Leidos raises annual revenue outlook on weapons demand
Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons
2023-08-01 19:24
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:28
Takeaways from presidential super PACs' mid-year financial disclosures
Super PACs backing presidential candidates released their semi-annual financial disclosures on Monday, with the group supporting Florida Gov. Ron DeSantis' bid for president leading the pack with a $130 million haul.
2023-08-01 13:26
Hong Kong removes requirement to flag China risk in listing applications
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong's stock exchange will no longer require companies to spell
2023-08-01 08:22
Ford recalls 870,000 F-150 trucks for unexpected parking brake application
Ford has recalled more than 870,000 of its full-sized F-150 trucks because the electronic parking brake could engage unexpectedly at any time, including while the vehicle is being driven. That could cause a loss of control and possibly a crash.
2023-08-01 06:29
Yellow Corp demise seen boosting rates for rival US truckers
By Lisa Baertlein LOS ANGELES The operational shutdown of Yellow Corp, a major U.S. trucking firm, should help
2023-08-01 04:21
Coinbase CEO says complying with SEC request would have been the 'end of the crypto industry in the US'
The Securities and Exchange Commission asked Coinbase to halt trading on all cryptocurrencies except for bitcoin before it sued the company in June, Coinbase's chief executive told the Financial Times.
2023-08-01 02:28
Long/short hedge funds get crushed by bearish bets in July
By Carolina Mandl NEW YORK Global long/short hedge funds, those that bet stocks will fall or rise, were
2023-08-01 02:26
America's oldest craft brewer has shut down after 127 years. Here's how it could be saved
Anchor Brewing, which has been America's oldest craft brewer with 127 years in business, closed its taprooms for good on Sunday. But there's a chance the brand could live on.
2023-08-01 00:51
Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:54
Clock on the Fed's 'soft landing' may already be ticking
By Howard Schneider WASHINGTON Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the
2023-07-31 18:21