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Showing 20 of 49 financial news articles in Economy
Economy
cnbc.com • 2 minutes ago

McDonald's earnings beat, but traffic to chain's U.S. restaurants falls

McDonald's stock has fallen about 11% over the last year.

Economy
feeds.bloomberg.com • 12 minutes ago

San Francisco’s BART Gets Lifeline as Voters Approve New Tax

The struggling public-transit system in the San Francisco Bay Area received a financial lifeline Tuesday, with voters passing a proposed sales tax to fund the region’s trains, buses and ferries.

Economy
cnbc.com • 23 minutes ago

CVS to split off drugstore business in major breakup of healthcare giant

The move would reverse the company's $78 billion acquisition of Aetna, and dismantle the vertically integrated healthcare conglomerate it created in 2018.

Economy
feeds.bloomberg.com • 30 minutes ago

Democrats Sweep House and Senate in Midterm Rebuke of Trump

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Emmanuel Cau, Barc

Economy
cnbc.com • 34 minutes ago

SpaceX, Tesla fall over 4% on Democrats' big win; AI stocks mixed

AI fortunes were mixed as premarket trading opened on Wednesday.

Economy
feeds.bloomberg.com • 43 minutes ago

European Defense Stocks Slide as Democrats’ Sweep Dents Optimism

European defense stocks slid as the Democrats’ landslide midterm-elections win dented expectations of a further ramp-up in US military spending.

Economy
feeds.bloomberg.com • 50 minutes ago

Stock Bulls Are Glad This Election Is Finally Over

Equities, bonds rally now that the political countours are clear.

Economy
feeds.bloomberg.com • 51 minutes ago

India Approves Plan to Absorb More Short-Term Military Recruits

India overhauled a short-term military recruitment plan by extending conscripts’ tenure and offering a path to permanent employment as border tensions with China and Pakistan continue to pressure the country’s defense establishment.

Economy
feeds.bloomberg.com • 1 hour ago

India Coffee Output to Miss Forecast After Below-Normal Rains

India’s coffee output is likely to fall short of an earlier forecast as below-normal rains during the four-month monsoon season took a toll on crops, according to the Coffee Board.

Economy
cnbc.com • 1 hour ago

Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire

Elon Musk's $474 million election gamble falters as Democrats threaten his Texas empire.

Economy
cnbc.com • 1 hour ago

Euro zone inflation hits 4% for first time in three years as interest rate hike looms

It was driven by energy inflation, which surged above 20% in October.

Economy
cnbc.com • 1 hour ago

U.S. midterm elections in pictures: Democrats' sweeping victories deliver rebuke to Trump

Democrats scored sweeping victories in the U.S. midterm elections on Wednesday, flipping key Republican-held seats in Congress.

Economy
cnbc.com • 1 hour ago

Novo shares jump as Wegovy pill sales impress, drugmaker hikes outlook

Novo posted quarterly earnings ahead of expectations early Wednesday as sales of its Wegovy pill blew past estimates

Economy
cnbc.com • 2 hours ago

Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off

Treasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.

Economy
cnbc.com • 3 hours ago

5 midterm election takeaways: Tech billionaires suffer as Democrats drub Republicans

Elon Musk's spending may have become a liability as voters in exit polls raised concerns about government corruption and the growing influence of billionaires.

Economy
cnbc.com • 5 hours ago

Americans have said 'NO TO WAR,' Iran speaker says as Democrats take Congress

Ghalibaf said that "Conscience or the cost of living, Americans said NO TO WAR, and we endorse this message."

Economy
feeds.bloomberg.com • 6 hours ago

European Stocks Rise After Midterms as Renewables and Banks Jump

European stocks extended gains after Democrats won control of both chambers of Congress in the US midterms, with renewables and banks outperforming.

Economy
feeds.bloomberg.com • 7 hours ago

Musk’s Tesla, SpaceX Slide as Democrats Sweep Congress

Shares of Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday’s US stock-market opening as Democrats swept to control of Congress, sharpening investor concern over the future of the Republican megadonor’s key holdings.

Economy
feeds.bloomberg.com • 7 hours ago

Corn Extends Loss to Hit Four-Month Low on Supply, Peace Hopes

Chicago corn extended losses, hitting its lowest level in four months as prospects of ample US supply and optimism about peace in the Black Sea region weighed on prices.

Economy
feeds.bloomberg.com • 8 hours ago

Asia Stocks Erase Losses on Bets AI Scrutiny Fears Overdone

Asian stocks recovered almost all early losses driven by a Democratic sweep of Congress, as traders wagered that fears of increased US scrutiny of the AI industry were overdone.

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