business news

Joe Biden to attend $25,000 per person fundraiser during NYC campaign cash blitz

President Joe Biden is heading to New York City next week for a potentially lucrative campaign fundraising swing as he…

3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’

The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…

Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more

Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped 11.6% after the…

Job openings fell more than expected in March to lowest level in nearly two years

Employment openings pulled back further in March, hitting a nearly two-year low in a sign that the ultra-tight U.S. job…

Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement

WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…

Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more

Check out the companies making the biggest moves in premarket trading: Uber Technologies — Shares gained nearly 8% after reporting…

Chegg shares drop more than 40% after company says ChatGPT is killing its business

Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. “In the first part of the…

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…

Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller

Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn. The Nathan Anderson-led firm took a short…

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…