Day: October 8, 2024
Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5% Source
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Brazil lifts ban on X after Elon Musk complies with court orders
The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system. Cris Faga | Nurphoto | Getty Images Elon Musk’s X is getting back up and running in Brazil after […]
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Stock futures are little changed after major averages post winning session Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures hovered near the flatline Tuesday night following a winning session for the major averages. Dow Jones Industrial Average futures rose 11 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures dipped 0.01% and 0.01%, respectively. Wall Street is coming […]
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SpaceX may receive FAA license for next Starship launch in time for Sunday attempt
SpaceX’s next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 14, 2024. Cheney Orr | Reuters The Federal Aviation Administration may issue SpaceX its next Starship license in time for a Sunday launch […]
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GM expects 2025 earnings to be similar to this year despite industry headwinds
Brand new GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC on July 02, 2024 in Richmond, California. Justin Sullivan | Getty Images DETROIT — General Motors expects its 2025 adjusted earnings to be in a “similar range” to the company’s results this year, CFO Paul Jacobson said Tuesday during the company’s […]
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White House ‘in touch’ with airlines as Helene, Milton spark price gouging fears
US Transportation Secretary Pete Buttigieg attends a Cabinet meeting with US President Joe Biden in the Cabinet Room of the White House in Washington, DC, on September 20, 2024. Samuel Corum | AFP | Getty Images The Department of Transportation said Tuesday it is in contact with airlines about the affordability of their flights in […]
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Harris says Iran is America’s ‘greatest adversary,’ as Mideast War weighs on US priorities
Democratic presidential nominee and U.S. Vice President Kamala Harris walks to board Air Force Two as she departs for New York, at Joint Base Andrews, Maryland, U.S., October 7, 2024. Evelyn Hockstein | Reuters Vice President Kamala Harris said she considers Iran to be America’s “greatest adversary,” in a new interview on the CBS show […]
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Healthy Returns: What activist Starboard’s $1 billion stake means for Pfizer
Jakub Porzycki | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! Pfizer‘s troubles may finally be coming to a head. Former executives of the pharmaceutical giant are backing a […]
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Hard Rock chairman opens the door to a FanDuel or DraftKings partnership in Florida
Florida’s sports betting market may be about to get a lot more interesting, with Hard Rock’s chairman opening the door to partnerships with commercial sportsbooks. Hard Rock has the monopoly on sports betting in the state, winning the exclusive tribal gaming compact following a hard-fought battle against Flutter-owned FanDuel, DraftKings and Penn Entertainment. The sportsbooks […]
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