China's industrial profits post faster gains in June despite faltering economy
A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5% compared with a 3.4% rise in the January-May period. ...
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Abbott must pay $95 million in premature infant formula trial, jury finds
A jury on Friday found that Abbott Laboratories' specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease. ...
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Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website. ...
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Sales of $100 million homes set to double this year as trophy properties recover
The comeback marks a stark contrast with the national housing market, which is still feeling the pressure of high mortgage rates and lack of supply. ...
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Damages to college athletes to range from a few dollars to more than a million under settlement
The deal covers three antitrust cases — including the class-action lawsuit known as House vs. the NCAA — that challenged NCAA compensation rules dating back to 2016. ...
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What Kamala Harris' latest financial disclosure reveals about her investment portfolio
Financial experts sum up Vice President Kamala Harris' latest financial disclosure of her personal assets in one word: Boring. But that's not a bad thing. ...
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Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago. ...
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Trump to hold rally in Butler, Pennsylvania, where he survived assassination attempt
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Dexcom shares plunge more than 40% for worst day on record
Dexcom, which had its stock market debut in 2005, had its worst day ever after lowering its full-year guidance. ...
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Stocks soar, Dow closes 650 points higher buoyed by bullish inflation report: Live updates
The three major averages climbed on Friday. ...
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Apple and Microsoft are among the 'Magnificent Seven' stocks set to report next week. Here's what that means
Wall Street could be in for a volatile bout of trading next week if this one was anything to go by. ...
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Trump running mate JD Vance doubles down on 'childless cat ladies' comment about Harris, Democrats
Donald Trump's GOP running mate Sen. JD Vance has been under fire for criticizing Democrats like Vice President Kamala Harris for not having children. ...
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Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners. ...
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Two billionaire Harris donors hope she will fire FTC Chair Lina Khan
Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace FTC Chair Lina Khan if she becomes U.S. president. ...
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Treasury yields slip after release of key inflation data for June
Investors assessed the release of June inflation numbers that are closely watched by policymakers ahead of next week's Federal Reserve meeting. ...
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Cryptocurrencies rebound with risk assets, but ether still lower for the week
Crypto prices rose on Friday following two down days in which investors rotated out of risk assets. ...
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Student loan payments are on pause for millions. Here's what borrowers need to know
Federal student loan payments are on pause for millions of people while the Biden administration defends its new relief program in court. Here's what to know. ...
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Dow surges nearly 700 points, fueled by latest earnings and inflation data: Live updates
Stocks jumped Friday as Wall Street looked to cap off a turbulent week on a positive note and investors weighed fresh U.S. inflation data. ...
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FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure. ...
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