Day: July 24, 2025
Top Europe banks warn of euro strength, ‘wait-and-see’ market amid U.S. tariffs
Some of Europe’s top banks have sounded alarm bells over the strength of the euro and outlined how U.S. tariffs have reshaped the investment landscape in the second quarter. Germany’s largest lender Deutsche Bank on Thursday reported a second-quarter profit beat but noted, across the board, the effects of the relative strength of the euro […]
Read More
Stock futures are little changed after S&P 500, Nasdaq score another record close: Live updates
A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | Reuters Stock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high. S&P 500 futures traded up 0.1%, along with Nasdaq 100 futures. Futures […]
Read More
FCC approves $8 billion Paramount-Skydance merger
The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount […]
Read More
Astronomer HR chief Kristin Cabot resigns following Coldplay ‘kiss cam’ incident
Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017. Mairo Cinquetti | NurPhoto | Getty Images Days after Astronomer CEO Andy Byron resigned from the tech startup, the HR exec who was with him at the infamous Coldplay concert has left as well. “Kristin Cabot is no longer with […]
Read More
Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats
President Donald Trump and Federal Reserve Chairman Jerome Powell went back and forth in front of the press Thursday over Trump’s claims about cost overruns at the Fed headquarters in Washington. The stunning side-by-side took place as Trump began a rare tour of the Fed building, in what was widely seen as the latest chapter […]
Read More
Stocks making the biggest moves after hours: Intel, Deckers, Boston Beer and more
Check out the companies making headlines in after-hours trading. Intel – Shares of the chipmaker inched up less than 1% in extended trading. That’s after the company’s second-quarter revenue of $12.86 billion topped the $11.92 billion that analysts surveyed by LSEG were expecting for the period. The company’s third-quarter revenue guidance also surpassed analyst estimates. […]
Read More
Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions
Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck. The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market […]
Read More
French President Macron says France will recognize Palestine as a state
French President Emmanuel Macron holds a press conference, at the Elysee Palace, in Paris, Friday, June 13, 2025. Michel Euler | Via Reuters French President Emmanuel Macron announced Thursday that France will recognize Palestine as a state, amid snowballing global anger over people starving in Gaza. Macron said in a post on X that he will formalize the decision at the United Nations […]
Read More
Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service
Jakub Porzycki | Nurphoto | Getty Images Elon Musk’s satellite internet service Starlink said it had a “network outage” on Thursday. The company said it was working on a solution. There were more than 60,000 reports of an outage on Downdetector, a site that logs issues. Starlink is owned and operated by SpaceX, which is […]
Read More
Inside the renovations of the Federal Reserve headquarters: Slideshow
The front facade of the Marriner S. Eccles Federal Reserve Board Building is visible as a massive renovation continues on the building and the 1951 Constitution Avenue Building on July 24, 2025 in Washington, DC. Andrew Harnik | Getty Images After months of President Donald Trump criticizing Federal Reserve Chairman Jerome Powell for his refusal […]
Read More