Business News
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. “There is progress on inflation,” Claudia Sahm, chief economist at New Century Advisors, told Yahoo Finance following the data’s release. “We are pointed in the right direction, but it … Read more
aprott Hims & Hers (NYSE:HIMS) has launched an online GLP-1 supply tracker where people can share information about where the popular weight-loss drugs are in short supply. The company said around 80,000 users of the tracker have reported they were unable
Check out whats clicking on FoxBusiness.com. DirecTV says it is walking away from its planned acquisition of EchoStar’s video distribution service, DISH DBS, after Dish bondholders rejected a debt exchange offer from the satellite TV provider. “A successful exchange was a condition for acquiring the DISH video business,” a DirecTV spokesperson said in a statement … Read more
By Lisa Baertlein (Reuters) – Amazon.com (NASDAQ:) and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in January to move their cargo on vessels powered by near-zero emissions e-fuels like e-methanol. The group known as the … Read more
Pete Hegseth has carved out a lucrative career as a rightwing television personality revealing what he says is the secret flaw behind the US military’s stumbles in Iraq and Afghanistan: wokeness. Now, as Donald Trump’s nominee for secretary of defence, the Princeton-educated Fox News host and military veteran is a vote away from managing the … Read more
MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could worsen if the sector is hit by tariffs promised by Donald Trump. “This could be a nightmare if implemented,’’ Claudia D’Arpizio, co-author of the … Read more
Star India, owned by Walt Disney and soon to be merged with Mukesh Ambani’s Viacom18 under Reliance Industries, reported a standalone net loss of Rs 12,548 crore for the financial year that ended on March 31. This was a significant decline from the company’s standalone net profit of Rs 1,465 crore in the last financial … Read more
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Robert Way/iStock Editorial via Getty Images Cybersecurity stocks got a boost on Wednesday as industry stalwart CyberArk (NASDAQ:CYBR) reported stronger-than-expected third-quarter results and guidance. CyberArk shares jumped 7% on the back of its results, while others, such as Fortinet (FTNT), Palo Alto Networks (PANW
Economist and Harvard Business alumnus Harry Dent speaks to Fox News Digital about the market’s post-election rally and why a second Trump administration won’t be able to prevent a still-expected ‘crash of a lifetime.’ The Trump victory-fueled, post-election market rally has investors cheering for now. However, outspoken economist Harry Dent is still bearish about America’s … Read more