Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:21
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:59
Fed should do more to encourage discount window use: ex-Fed staffer
By Ann Saphir Regulatory guidelines issued in late July encouraging banks to incorporate the Federal Reserve's so-called discount
2023-08-08 01:24
U.S. consumers saying 'bad time to buy' a house hits 13-year high in July
By Safiyah Riddle The share of U.S. consumers who believe it is a bad time to buy a
2023-08-08 01:16
Musk's Neuralink raises $280 million in latest fundraise
(Reuters) -Elon Musk's brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel's Founders
2023-08-08 00:29
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
2023-08-07 22:45
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:47
Lowest-Rated FTSE 100 Stock Defies Gravity With Slew of Buybacks
The FTSE 100 Index’s lowest-rated stock continues to defy gravity. With 12 sell recommendations and no buys, Abrdn
2023-08-07 19:24
Netanyahu Says Bet on Israel and Saudi Arabia Deepening Ties
Israel and Saudi Arabia will deepen economic and business ties even if they don’t formally recognize each other,
2023-08-07 17:45
Global Home Prices Reveal Interest-Rate Pain Ripe for FX Traders
Traders hunting for an edge in the $7.5 trillion a day foreign-exchange market are poring over a crucial
2023-08-07 17:22
Yellow files for bankruptcy after shutting down
Yellow Corp., a US trucking company that was once dominant in its field, has filed for bankruptcy as it winds down the 99-year-old business.
2023-08-07 15:23
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:16