Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s key shareholder
Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the…
JPMorgan Chase cut about 500 jobs this week, including technology and operations roles
JPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of…
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…
Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more
Check out the companies making some of the biggest moves in premarket trading. ChargePoint — Shares of the electric vehicle…
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…
Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker and artificial intelligence beneficiary popped…
Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well…
Goldman Sachs is cutting jobs again amid Wall Street deals slump
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…
Debt ceiling bill clears key hurdle, teeing up final House vote before it goes to Senate
WASHINGTON — The compromise bill to raise the debt ceiling passed its first major test Tuesday night in the House…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
