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The Latest Breaking News on Business

US Fed's Favored Inflation Gauge Ticks Up In October

US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's largest economy.

International Business Times

Dell and HP report revenue rises, but the outlook may not be quite as bright

Poor PC sales cause HP and Dell revenues to drop, and a change in focus could be coming soon

TechRadar

PCE Inflation Rate Ticks Higher, Keeping Fed On The Fence; S&P 500 Slips

The key Federal Reserve inflation rate, the PCE price index, has stopped falling.

Investors Business Daily

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Is Wall Street Bullish or Bearish on Huntington Ingalls Stock?

Huntington Ingalls underperformed the broader market over the past year, and Wall Street analysts remain cautious about the stock’s prospects.

Barchart

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows

The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows

The Independent UK

Welcome to Trump’s trade war – where no one wins because everyone just pays more for things

Tariffs raise prices much like the GST – and like the GST it hurts people on low and middle incomes the most

The Guardian - AU

Microsoft hits back at claims AI data scraping was sneakily turned on in Word, Excel

Microsoft said it does not use customer data to train LLMs, despite allegations from the creative community.

TechRadar

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Do Wall Street Analysts Like Elevance Health Stock?

While Elevance Health has lagged behind the broader market substantially over the past year, Wall Street analysts remain highly optimistic about the stock's future potential.

Barchart

Westinghouse Air Brake Technologies Stock Outlook: Is Wall Street Bullish or Bearish?

Westinghouse Air Brake Technologies has delivered exceptional performance this year, outpacing the broader market, with Wall Street analysts maintaining a cautiously optimistic outlook on its future potential.

Barchart

Dell, HP, CrowdStrike, 3D Systems And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.

Benzinga

Rockwell Automation Stock: Analyst Estimates & Ratings

While Rockwell Automation has faced a challenging year, lagging behind the broader market, analysts are cautious about the stock's future.

Barchart

Do Wall Street Analysts Like Essex Property Trust Stock?

Essex Property Trust has outpaced the broader market over the past year, yet analysts remain cautious about the stock’s prospects.

Barchart

Is Wall Street Bullish or Bearish on FedEx Corporation Stock?

FedEx Corporation has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Jabil Stock?

Jabil has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

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Salon

Don't blow your holiday budget

'Tis the season for spending. Here's how to not overdo it

Fortune

Walmart must pay a truck driver $35 million after firing him and accusing him of fraud after an accident

Plaintiff Jesse Fonseca worked for the retailer as a freight driver for 14 years.

Top News

Senate Report Reveals Airlines Profiting From 'Junk Fees'

Senate report uncovers airlines' revenue-generating 'junk fees' practices and proposed regulations to protect passengers.

International Business Times

Netflix Prevails In Shareholder Lawsuit Over Account Sharing Impact

The proposed class action lawsuit was filed after Netflix revealed in April 2022 that it had lost 200,000 subscribers in the previous quarter.

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Benzinga

'Historic Win For Crypto:' Court Overturns Treasury Sanctions On Tornado Cash, Associated Token Skyrockets 430%

In a big legal win for the cryptocurrency industry, a U.S. appeals court has overturned sanctions imposed by the Treasury Department on popular cryptocurrency mixer, Tornado Cash, causing the price of the associated coin to zoom 430%.

Benzinga

OpenAI's Sora Video Model Leak Exposes Deep Rift With Artists — Unpaid R&D, PR Puppets, And Content Approval Fury: What You Need To Know

OpenAI's unreleased Sora text-to-video AI model was leaked by beta testers accusing the company of exploiting artists for unpaid R&D and lacking transparency.

Benzinga

Disney Reaches $43M Settlement In Gender Pay Discrimination Lawsuit: 'Women Can Expect Equitable Treatment' Moving Forward

Disney agreed to a $43.25 million settlement to resolve a gender pay discrimination lawsuit, addressing allegations of systemic pay disparities between male and female employees before 2018.

International Business Times

Consumer Confidence In US Hits 16-Month High

The finding comes from a monthly survey that ended two weeks after voters decided to return former President Donald Trump to the White House.

Benzinga

Thanksgiving Travel Preview: AAA Expects Record Numbers, TSA Braces For Busiest Day Ever, Arctic Weather Blast

AAA expects record-setting travel numbers for Thanksgiving 2024 with an estimated 79.9 million travelers, up 2% from the previous record set last year.

Crikey

Trump’s tariffs promise chaos — and Australia’s investments are in the firing line

Australia’s Future Fund has more than 40% of its assets invested in the US economy, which means the damage Trump inflicts hurts us too.

InsideEVs

America Finally Got A Great, Cheap EV. Trump May Ruin It.

Americans have been clamoring for an affordable, long-range electric car for years. Elon Musk shelved plans for a $25,000 Tesla—one that isn't a moonshot robotaxi, at least. But General Motors finally made one in 2024.

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