European Central Bank set to cut interest rates just days before the Fed’s big decision
Traders are widely anticipating an interest rate cut at the Federal Reserve's Sept. 17-18 meeting, as well as at the…
Economy
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday,…
Putin would ‘eat you for lunch,’ Harris tells Trump in bitter clash over Russia and Ukraine
Republican presidential nominee Donald Trump and Democratic rival Kamala Harris clashed repeatedly over Russia in the Presidential Debate. ...
Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday. ...
Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering ‘extreme bargains’
Discount home goods retailer Big Lots filed for bankruptcy protection as low-income shoppers slow spending on new furniture and home…
RFK Jr. back on Michigan presidential ballot after state Supreme Court ruling
The 5-2 ruling overturned an appeals court decision that had removed Kennedy from Michigan's ballot over the objections of Secretary…
Palantir soars 14% on software vendor’s inclusion in S&P 500
Palantir and Dell are joining the S&P 500, the latest tech companies to get added to the benchmark index. ...
Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO
Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. ...
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to…