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The Latest Breaking News on Business

Strong US Economic Reports Support the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

Barchart

Is the New Starbucks CEO Failing? He Just Axed 900 Workers While Splurging on 'Cozier Chairs'

Starbucks CEO Brian Niccol is under scrutiny after axing 900 jobs and closing stores while pouring $1bn into café renovations, sparking union backlash and investor questions about the company's strategy.

International Business Times UK

This Blue-Chip Stock Could Be a Secret Winner from Trump’s Bid to Invest in Lithium Americas

Here's why General Motors stock rose more than 2% after the U.S. government disclosed plans to acquire a 10% stake in Lithium Americas.

Barchart

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Soybeans Showing Steady Trade on Thursday

Soybeans are showing steady trade on Thursday, with contracts with fractionally mixed trade. The cmdtyView national average Cash Bean price is ¼ cent higher at $9.33. Soymeal futures are down $2.50 to $3.70 on the day, with Soy Oil futures 35 points higher. Argentina’s suspension of export taxes was lifted...

Barchart

As Lithium Americas Stock Doubles on Trump Stake Bid, Is It Too Late to Buy LAC?

Lithium Americas' stock almost doubled after the White House expressed interest in acquiring an equity stake in the company, which is based in Vancouver, British Columbia.

Barchart

Coffee van with ‘offensive’ name and logo banned from Phoenix hospital: ‘We’re trying to portray how the workers feel’

Graveyard Shift Coffee served at Mayo clinic for years before someone complained about its name

The Independent UK

Is Texas Pacific Stock Underperforming the Dow?

TPL has underperformed the broader market, and analysts remain bearish about the stock’s long-term outlook.

Barchart

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As The Tax Credit Ends, EVs Are Still Getting Better And Cheaper

Today on Critical Materials: The EV tax credit is ending, China's door handle rules make sense and BMW says sedans are

InsideEVs

Faced With A Stagnant Job Market, These Gen Xers Chose Self-Employment

The job market is tough for employees of all ages and experience levels right now. According to the Bureau of Labor Statistics, the unemployment rate in August was 4.3%, the highest it's been since late 2021.

Benzinga

What's Going On With Intel Stock Today?

Intel Corp (NASDAQ: INTC) shares are trading higher Thursday following reports that the company is seeking an investment from Apple Inc (NASDAQ: AAPL) as part of a comeback bid.

Benzinga

Starbucks to close stores and lay off hundreds of staff in $1 billion restructure

Starbucks CEO Brian Niccol said employees affected by the latest layoffs will receive ‘generous’ severance packages

The Independent UK

US GDP shows 3.8% growth in second quarter in dramatic upgrade

Imports fell and consumer spending jumped, resulting in a much better economic performance than previously estimated in the world's biggest economy.

Euronews

6 Things Boomers Shouldn’t Buy in Retirement If They Live Alone

Retiring alone? Learn which expenses can drain your savings and how to cut costs smartly -- especially on things like cars, insurance and subscriptions.

GOBankingRates

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth

The Independent UK

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Huntington Ingalls Industries Stock: Is HII Outperforming the Industrials Sector?

Huntington Ingalls Industries’ stock has outpaced the broader sector this year, but analysts remain moderately bullish about its prospects.

Barchart

Is Expand Energy Stock Underperforming the Nasdaq?

Expand Energy has underperformed the Nasdaq Composite. Nonetheless, analysts retain a favorable outlook on the stock's growth prospects.

InsideEVs

‘So Many Orders’: The Lucid Gravity SUV Gets A $7,500 Cut Even As The Tax Credit Ends

The $7,500 federal tax credit is going away at the end of September, but Lucid is giving Gravity customers some breathing room.

Reason

The Forced Sale of TikTok Is Crony Capitalist at the Core

Forcing the sale of a social media company for political reasons was always going to be a power grab for the White House—whether its occupant was Democratic or Republican.

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news in one place.

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The Guardian - US

AI investors are in for a rude awakening

There is a huge gap between investment and revenue from LLMs. Investors wrongly assume everyone will be a winner

Reason

Trump's Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning

The OECD just published its projections for American growth, and they're grim.

Benzinga

Cintas Raises Outlook As CEO Points To Strong Cash Flow

Cintas Corporation (NASDAQ:CTAS) posted stronger-than-expected first-quarter sales and expanding margins on Wednesday, prompting the uniform rental giant to lift its full-year revenue and earnings outlook despite profit coming in line with forecasts.

Benzinga

Tesla Launches Ad Blitz Across Facebook, Instagram, Google And X Urging Shareholders To Back Elon Musk's Massive Pay Package And Board Proposals

Elon Musk’s Tesla Inc. (NASDAQ: TSLA) is reportedly running ads on multiple social media platforms, urging investors to vote in favor of Board recommendations ahead of November's shareholder meeting.

Benzinga

Nvidia's Josh Parker Sounds Alarm On AI Power Demand But Hints At This Unexpected Silver Lining

On Wednesday, Nvidia Corporation's (NASDAQ:NVDA) head of sustainability said that the artificial intelligence boom is straining the energy grid, but he believes cleaner power and smarter applications could make the long-term impact positive.

Barchart

Caesars Entertainment Stock: Is CZR Underperforming the Consumer Cyclical Sector?

Caesars has significantly underperformed the broader consumer cyclical sector over the past year, yet analysts remain strongly bullish on the stock’s prospects.

TechRadar

Disney+ hikes prices, despite already facing a cancellation storm

Disney plans to raise streaming subscription prices in the US – and it might not stop there with reports that the UK is set to see an increase, too.

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