business news

Russia was ridiculed at the start of the war. Two years on, it has reasons to be confident

When Russia invaded Ukraine two years ago, the stout resistance mounted by the country’s armed forces and overwhelming Western support…

Fed’s Waller wants more evidence inflation is cooling before cutting interest rates

Federal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he…

Block shares surge 16% after company announces surprise profit

Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on…

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

Check out the companies making headlines in extended trading. Intuit — Shares pulled back roughly 1% after the financial software…

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with…

Biden fundraising ‘dream team’ creates $140 million war chest to take on Donald Trump

President Joe Biden’s $140 million campaign war chest has been bolstered by a group of loyal advisers and fundraisers that…

Trump clemency recipient Philip Esformes pleads guilty in Medicare fraud case

Philip Esformes on Thursday pleaded guilty to health care fraud, resolving the Justice Department’s years-long effort to prosecute the convicted…

Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkey’s central bank held its key interest rate on Thursday, keeping it at 45% despite soaring inflation after eight consecutive…