Business

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, July 26, 2023.Brendan McDermid…

An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc's biggest investors cut its…

A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. Denis Balibouse | ReutersUBS shares climbed on Tuesday morning after the Swiss banking giant resoundingly beat expectations for underlying profit.The bank recorded an…

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022.Scott Morgan |…

People walk through downtown Manhattan in New York City on Dec. 2, 2022.Spencer Platt | Getty Images News | Getty ImagesThe labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the…

Traders work on the floor of the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Spencer Platt | Getty ImagesFriday's market reaction to the jobs report comes down to a simple premise: bad news is good news, as long as…

The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively meager 150,000 jobs overall.A bright spot came in health care and social assistance,…

The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat off the Federal Reserve in its fight against inflation.Nonfarm payrolls increased by 150,000 for the…

Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, as the conflict between Israel and the Palestinian Islamist group Hamas continues, in this handout image released on…

The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020.JONATHAN NACKSTRAND | AFP | Getty ImagesShipping giant Maersk, a bellwether for global trade, on Friday announced plans to reduce its…

Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway and Papa John's often operate via franchise agreements there. Burger King said it demanded the main operator of its franchises suspend…

Michael Cannon-Brookes, co-CEO of Atlassian.Scott Mlyn | CNBCAtlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street's…

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in…

New England Patriots cornerback Stephon Gilmore, #24, stretches during the New England Patriots practice session in Foxborough, Massachusetts, on Oct. 22, 2020.Barry Chin | Boston Globe | Getty ImagesSports betting company DraftKings on…

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.Patrick T. Fallon | AFP | Getty ImagesParamount Global's stock jumped in extended trading Thursday after it reported strong…

(L) Taylor Swift performs onstage during "Taylor Swift | The Eras Tour " at Paycor Stadium on June 30, 2023 in Cincinnati, Ohio. (R) Beyoncé performs onstage during the "RENAISSANCE WORLD TOUR" at the Johan Cruyff Arena on June 17, 2023, in…

Apologies if you've heard this one before, but the jobs market is slowing down. No, really.Aside from the long-standing calls for a recession to hit the U.S., the expectation for a hiring retreat is probably the most oft-heard — and, so…

Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023.Loren Elliott | ReutersApple will report fourth-quarter earnings after the bell…

The Tinder logo displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesMatch Group, the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company…

People pump gas into their vehicles at a Shell petrol station on October 2, 2023 in Alhambra, California. Frederic J. Brown | Afp | Getty ImagesBritish oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly…

A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2.Michael Nagle | Bloomberg | Getty ImagesShares of Peloton sank about 6% in…

Construction workers at a project in the Upper East Side neighborhood of Manhattan, NY on Oct. 6th, 2023. Adam Jeffery | CNBCThe cost of labor unexpectedly declined in the third quarter, providing at least some relief in the inflation…

Alex Karp, co-founder and CEO of Palantir arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023.Stefani Reynolds | Afp | Getty ImagesShares of Palantir…

Moderna on Thursday posted a steep loss for the third quarter as the drugmaker recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product. Moderna's total revenue for the period topped Wall Street's…

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesEli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand…

A Starbucks logo at a location in New York, Aug. 17, 2023.Gabby Jones | Bloomberg | Getty ImagesStarbucks is expected to report its fiscal fourth-quarter earnings before the bell Thursday.Here's what Wall Street analysts surveyed by LSEG,…

E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street's expectations. The cosmetics company, known for its viral TikTok marketing and…

An employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty ImagesShares of Etsy fell more than 4% in extended trading Wednesday after the company released…

Brian Chesky, co-founder and CEO of Airbnb, speaks during an interview with CNBC on the floor of the New York Stock Exchange, May 10, 2023.Brendan McDermid | ReutersAirbnb shares slipped about 3% in after-hours trading Wednesday after the…

Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York, April 28, 2022.Brendan McDermid | ReutersQualcomm reported fiscal…