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The Latest Breaking News on Business

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.

Mercedes Isn't Retreating From China. Its Doubling Down

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.

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

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.

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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...

Big Lots retail chain ready to file Chapter 11 bankruptcy

Popular discount home goods retail chain plans to file Chapter 11 bankruptcy and sell all of its assets.

Boeing's Troubled Starliner Space Capsule Is Back On Earth — Without Astronauts

Problem-plagued craft's two American astronauts are now stuck in space at least until planned arrival of SpaceX craft next year

International Business Times

Problem with Amazon going water positive

The company’s pledge to conserve water at its data centers doesn’t account for thirsty power plants they rely on

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Gold has beaten stocks. Should the metal be in your portfolio?

Gold has beaten stocks. Should the metal be in your portfolio?

Gold’s spot price sits above the $2,515 mark, down slightly from an all-time high set before Labor Day.

Pennsylvania Battery Plant Workers Vote to Unionize

Pennsylvania Battery Plant Workers Vote to Unionize

Workers at Pittsburgh-area Eos Energy join the United Steelworkers.

DOJ Investigates U.S. Airlines' Frequent Flyer Programs

DOJ Investigates U.S. Airlines' Frequent Flyer Programs

Investigation into U.S. airlines' frequent flyer programs by DOT raises concerns over transparency and fairness.

Major shipping company shuts down; no bankruptcy filing yet

Major shipping company shuts down; no bankruptcy filing yet

U.S. Postal Service mail hauling contractor closes down all operations, but has not yet filed for bankruptcy.

Is Mastercard Stock Underperforming the Dow?

Is Mastercard Stock Underperforming the Dow?

Mastercard has underperformed the Dow this year, but analysts are highly optimistic about the stock’s prospects.

How Is Costco’s Stock Performance Compared to Other Consumer Defensive Stocks?

How Is Costco’s Stock Performance Compared to Other Consumer Defensive Stocks?

Costco has outperformed the consumer defensive sector this year, and analysts are highly optimistic about the stock’s prospects.

US Job Gains Miss Expectations In August As Labor Market Cools

US Job Gains Miss Expectations In August As Labor Market Cools

US hiring bounced back in August but missed expectations while the jobless rate crept down, government data showed Friday, paving the way towards central bank rate cuts in the coming weeks.

International Business Times

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Popular troubled essential retail chain exits Chapter 11 bankruptcy

The operator of a pharmacy chain has freed itself from Chapter 11 bankruptcy.

How Is Walt Disney's Stock Performance Compared to Other Communication Services Stocks?

Walt Disney has recently underperformed in the communication services sector, but Wall Street analysts are optimistic about the stock’s prospects.

Is Mondelez International Stock Underperforming the S&P 500?

Mondelez International has underperformed the S&P 500 over the past year, yet analysts remain bullish on the stock’s prospects.

Jobs report surprise adds to case for bigger Fed interest rate cuts

The labor market is cooling, and the Fed is set to react.

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The Independent UK

Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer

The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada

Investors Business Daily

Jobs Report: Soft Hiring Supports Big Fed Rate Cut, But S&P 500 Is Hit By Doubt

The August jobs report comes as the S&P 500 retreats from highs amid fears that the Federal Reserve waited too long to start cutting rates.

Investors Business Daily

Sorry, Apple And Nvidia. Funds Are Streaming Into This Non-Mag 7 Stock Now.

After getting denied membership to the Mag 7 club, Netflix stock gets revenge on Nvidia, Apple with big demand from the best mutual funds.

Investors Business Daily

Top Wall Street Auto Analyst Predicts Tesla's Robotaxi Event Will Look Like This

Tesla stock reclaimed its 50-day moving average and offered an early entry to aggressive investors on Thursday.

Popular retail product maker files for Chapter 11 bankruptcy

The retail product manufacturer files Chapter 11 bankruptcy to reorganize its business.

The Guardian - US

Boeing faces looming strike threat by 32,000 workers: ‘We are still far apart’

Contract negotiations have hit impasse ahead of expiration of current agreement on 13 September

International Business Times

Major US Airlines Face Federal Probe Over Loyalty Program Practices

The four largest U.S. air carriers — Delta Air Lines Inc., American Airlines Group Inc., United Airlines Holdings Inc. and Southwest Airlines Co.— have to submit detailed reports on their reward programs within 90 days.

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