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The Latest Breaking News on Business

Tesla posts 2024 high in China car sales last month, but is still losing share to rivals like BYD

Elon Musk claims a report that says Tesla's market share is declining in China is "silly" as his factory runs at full steam.

Fortune

Ram Just Recalled 1.2 Million Pickup Trucks

The recall affects half-ton trucks back to 2019 for problems with the stability control system.

Motor1

Troubled Boeing seeks to avoid fresh nightmare with 25% raises amid strike threat

Boeing and two unions, representing more than 33,000 workers, reached a tentative deal that would see the biggest ever pay raise for union members if it is approved

The Independent UK

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Wall Street Poised For Rebound After Worst Trading Week

Wall Street rebounds after tough week. Boeing shares rise, Big Lots files for bankruptcy, Apple to unveil iPhone 16. Global markets show mixed movements.

Top News

Boeing Nails Landing, Labor Deal; Grounded BA Stock Lifts Dow Jones

Boeing stock, a Dow Jones laggard, is taking off after an encouraging weekend labor deal and the safe touchdown of its Starliner capsule.

Investors Business Daily

Google's lucrative ad business could be on the DOJ's chopping block for anti-competitive business practices: "No one is forced to use our advertising technologies, they use them because they're effective"

The United States Department of Justice (DOJ), along with 17 states, has filed an antitrust case against Google, citing its dominance in digital advertising, which has left competitors with the shorter end of the stick.

Windows Central

DirecTV Files FCC Complaint Against Disney, Alleging Bad Faith Negotiations

If the dispute persists, DirecTV viewers may also miss upcoming events, including the highly-anticipated "Monday Night Football" game between the New York Jets and San Francisco 49ers on Sept. 9 and a presidential debate on Sept. 10, hosted by ABC News.

International Business Times

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Apple reveals iPhone 16 and ‘Apple Intelligence’ AI features

Company executives showcase range of new hardware and promise new colors and ability to create custom emojis

The Guardian - US

Get ready for a massive stock market rally, if history is any guide

According to Bespoke Investment Group, October has historically been the month the biggest stock market surges have begun.

Fortune

Bitcoin ETFs Down To $46B – Not A TradFi Adoption Vehicle After All?

Spot Bitcoin ETFs were a significant victory for the crypto industry as many said the funds will become a driver for broader adoption among traditional finance consumers, but a financial market research expert said they have not delivered.

International Business Times

Out Of 48M Retirement Accounts Analyzed, Only 497K Have $1M—Financial Expert Shares How To Reach That

The number of people with million-dollar retirement accounts is increasing. Consistent contributions and long-term planning are vital to reaching this goal.

International Business Times UK

Presidential Debate, CPI and other Key Things to Watch this Week

The first half of the week looks quiet on the news front, with the US debate on Tuesday the 10th being something not market-related to watch. Later in the week, there are CPI, PPI, and a few other important releases.

Barchart

Apple approves WeChat update ahead of iPhone 16 event, but it still wants to negotiate fees

Apple has approved a version of Tencent's WeChat app, but still wants to get a cut of in-app fees.

iMore

Boeing, Union Reach Preliminary Deal To Avert Seattle-area Strike

Boeing has agreed on a preliminary new contract with union leaders that includes a hefty wage hike that would avert a strike in the Seattle region, the two sides announced Sunday.

International Business Times

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Top News

Boeing And Union Reach Agreement, Avoiding Strike Threat

Boeing and its largest union reach a contract agreement, ensuring pay raises and job security for workers, avoiding a potential strike.

Salon

Buy now, pay later a "ticking time bomb"

The buzz around companies like Klarna and Afterpay has waned but repeat users fuel massive growth

Barchart

Down 45% YTD, Is This Beaten-Down Energy Stock Ready to Bounce Back?

This energy stock is down 45% in 2024, but the second half of this year could be better.

International Business Times

Nearly 1.5 Million Ram Pickup Trucks Being Recalled To Fix Software Glitch Linked To Crash Risk

The problem can disable the electronic stability control system and 'can cause a vehicle crash without prior warning,' federal regulators said.

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Reason

Drive-Thrus Are Booming. Why Are Cities Banning Them?

Despite increasing demand, cities across the U.S. are pushing bans on new drive-thru restaurants in the name of reducing traffic and promoting walkability.

Salon

What vibes? Trump economy was a mess

Trump's outrageous claims must not stand — Democrats have been far better at managing the economy since FDR

The Guardian - US

Elon Musk on pace to become world’s first trillionaire by 2027, report says

In addition to world’s richest person, who has $251bn, report names others on track to receive trillionaire status

Fortune

Roblox boosts developer payouts in new plan to supercharge growth

CEO David Baszucki told creators that Roblox’s “next frontier” hopes to tap into 10% of the $180 billion global gaming market.

InsideEVs

Mercedes Isn't Retreating From China. Its Doubling Down

The brand is investing $2 Billion into cars that are meant to take on China's homegrown EV startups.

The Street

Cash is king: High mortgage rates are changing home-buying trends

Though the Federal Reserve will likely cut rates in September, customers are still facing a challenging market.

Top News

Gas Prices Expected To Drop Below By Thanksgiving

Gas prices are dropping nationwide, with some states already below per gallon. Factors include strong U.S. supply and weak global demand, leading to fal...

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