Month: November 2025
Asia-Pacific shares set to fall, tracking Wall Street declines as tech selloff deepens
Tourists visit the Nanjing Road Scenic Area in Shanghai, China, on October 20, 2025. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets were set to open lower on Friday, tracking losses on Wall Street as technology stocks continued to come under pressure. Japan’s benchmark Nikkei 225 index was set for a lower open, with its […]
Read More
Goldman Sachs stands by top lawyer Kathy Ruemmler after her emails with Jeffrey Epstein exposed
Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey […]
Read More
StubHub beats on revenue in first earnings report since IPO, but stock slides
Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE StubHub shares sank 5% in extended trading on Thursday after the company reported quarterly results for the first time since its initial public offering in September. Here’s how the ticket vendor did in comparison […]
Read More
Google says group behind E-ZPass, USPS text scam has been ‘shut down’ after suit
The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Google said on Thursday said it has disrupted the foreign cybercriminal group behind a massive SMS text phishing operation within 24 hours of filing its lawsuit. “This shut down […]
Read More
Sotheby’s CEO sees ‘very strong demand’ ahead of $1.4 billion art auctions
The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year and a potential rebound for the art market after three years of declines, according to art experts. A star-studded lineup of famous trophy works — from a $150 million Gustav Klimt portrait to […]
Read More
Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
Tesla’s Powerwall 2 Source: Tesla Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells in certain Powerwall 2 systems can cause the unit to stop functioning during normal use, which can result in […]
Read More
MLS games head to Apple TV in 2026 as Season Pass subscription ends
Major League Soccer is stepping onto a bigger stage next year, when all of its matches will find a new home on Apple TV. Beginning in the 2026 season, MLS games will be available on Apple’s flagship streaming platform, which currently includes Major League Baseball games as well as scripted series like “Severance.” The move […]
Read More
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]
Read More
Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’
Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Two months ago, Oracle’s stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure […]
Read More
Government shutdown back pay headed to federal workers in coming days
U.S. White House economic adviser Kevin Hassett speaks in front of a TV camera at the White House in Washington, D.C., U.S., November 13, 2025. Kevin Lamarque | Reuters Back pay owed to federal workers for the time they were furloughed during the government shutdown is expected to land in their bank accounts early next […]
Read More