Month: October 2024
Mark Cuban campaigns with Harris in Wisconsin to kick off three-state swing
Mark Cuban attends the Round 1 Game 2 of the 2024 NBA Playoffs between the Los Angeles Clippers and the Dallas Mavericks game at Crypto.com Arena on April 23, 2024 in Los Angeles, California. Kevork Djansezian | Getty Images Mark Cuban on Thursday is set to campaign alongside Democratic presidential nominee Kamala Harris in Wisconsin, […]
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Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Department reported Thursday. Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones forecast, according to the advance […]
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UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
Sebastien Bozon | AFP | Getty Images LONDON — Technology giants could face “significant” fines if they don’t comply with the U.K.’s internet safety regulations, which are set to enter into force in two months’ time, the British media regulator Ofcom warned Thursday. The Online Safety Act includes sweeping new rules that will force large tech […]
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Robinhood launches platform to go after bigger, more active traders
Key Points Robinhood Legend includes advanced charting tools for users. The brokerage firm also said it will soon add futures trading and index options to its mobile platform. The new additions for Robinhood are another example of the firm looking to expand beyond its roots as a convenient platform for small-dollar traders. Source
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Stocks making the biggest moves premarket: Elevance Health, Taiwan Semiconductor, Expedia, Lucid and more
Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains “confident” amid “unprecedented challenges in the Medicaid business.” Health care stocks Molina Healthcare and Centene also fell nearly 9% […]
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Acquiring Expedia would be a ‘major strategic home run’ for Uber, says Wedbush’s Dan Ives
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Ives, Wedbush Securities managing partner, joins ‘Squawk Box’ to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more. Source
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Latino audience is key for NFL growth in the U.S. and abroad
Isiah Pacheco #10 of the Kansas City Chiefs runs for a one yard touchdown during the third quarter against the Philadelphia Eagles in Super Bowl LVII at State Farm Stadium on February 12, 2023 in Glendale, Arizona. Rob Carr | Getty Images Sport | Getty Images Earlier this month a well-known musician showed up at […]
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Stock futures rise as traders await fresh economic data: Live updates
China property stocks drop after housing ministry briefing; most Asia-Pacific markets slip SINGAPORE 一 Most Asia-Pacific markets fell Thursday after a briefing from China’s housing ministry failed to impress investors, sending the country’s property stocks tumbling. The CSI 300 real estate index — which had gained over 5% on Wednesday — fell nearly 8%, while […]
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Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
Momo Productions | Digitalvision | Getty Images The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers. The latest round of relief is a result of the U.S. Department of Education’s fixes to the popular, but once troubled, Public Service Loan Forgiveness program. President Joe […]
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Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024. Bloomberg | Bloomberg | Getty Images PARIS, France — Several of Europe’s biggest carmakers unveiled low-cost electric vehicles (EVs) at the Paris Motor Show this week, seeking […]
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