Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costs
Treasury Secretary Janet Yellen asserted that the infrastructure spending proposal will lower inflation by reducing costs vital to households.
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Starbucks revenue falls short as Covid hurts China sales, coffee chain offers mixed fiscal 2022 outlook
Starbucks saw same-store sales in China shrink by 7% during its fiscal fourth quarter.
The global chip shortage is continuing to wreak havoc for the car giants
Volkswagen and Stellantis said Thursday that the ongoing semiconductor shortage remains a major problem for them.
Meta shares spike — but it's a Canadian materials company, not the rebranded Facebook
Shares of Canada's Meta Materials rose on Thursday after Facebook CEO Mark Zuckerberg said his company was changing its name to Meta.
Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion
Apple reported earnings after the bell. Here are the results.
Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance
CEO Andy Jassy said Amazon expects to incur "several billion dollars" worth of costs in the fourth quarter tied to investments in supply chain and labor.
Zuckerberg accused other tech firms of stifling innovation with high fees as he laid out plans for metaverse
His comments seemed to allude to mobile operating systems like those created by Apple and Google, though he did not mention any company by name.
Global numbers of Covid cases and deaths rise for the first time in 2 months, WHO says
Global numbers of Covid cases and deaths have risen for the first time in two months as the virus surges across Europe, WHO officials said Thursday.
Sen. Richard Burr, brother-in-law spoke on phone just before stock sales that are under investigation, SEC says
Sen. Richard Burr, R-N.C., said in January the DOJ dropped a criminal probe of his trades after coronavirus briefings. But the SEC is still investigating them.
Amazon Web Services tops analysts' estimates on profit and revenue
Amazon's cloud business posted more operating income than the commerce company as a whole in the third quarter, with growth accelerating.
10-year Treasury yield moves higher despite disappointing GDP update
The 10-year U.S. Treasury yield rose on Thursday, reversing some of Wednesday's slide.
Minnesota man charged with trying to extort MLB, illegally streaming NBA, NFL and NHL games for profit
Joshua Streit is accused of operating a website that illegally sold copyrighted content from major baseball, football, basketball and hockey leagues.
Why Ford's stock is surging while shares of GM are flat after Q3 earnings beats
The differences between the third-quarter earnings reports ranged from outlooks to their autonomous vehicle businesses and stock dividends.
The market is starting to price in more interest rate hikes than the Fed is indicating
As inflation escalates, traders are expecting a more aggressive response from the Federal Reserve than policymakers are currently indicating.
Pending home sales fell unexpectedly in September, likely due to higher mortgage rates
Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors.
Taco Bell parent earnings beat, fueled by strong demand for KFC
KFC's same-store sales climbed 6% after falling 4% a year ago.
Endeavor Content, studio behind 'Killing Eve' and 'Nine Perfect Strangers,' solicits bids for more than $750 million
Endeavor is soliciting second-round bids for Endeavor Content that values it around $750 million, sources said.
Watch live: Biden lays out next steps after unveiling $1.75 trillion social spending framework, meeting with Democrats on Capitol Hill
Biden is scheduled to speak before leaving on an overseas trip to Europe for talks with Pope Francis, other leaders about climate, economy and other issues.
Biden outlines plan to expand U.S. health programs as part of broad domestic spending bill
Biden plans to expand Medicare – the federal health insurance program for the elderly – to cover hearing benefits.
Microsoft announces plan to cut cybersecurity workforce shortage in half by 2025
The company believes it can help train and recruit 250,000 people into the cybersecurity workforce by 2025.
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