Business news

Business news • Aug 07

Prince Harry Reacts to Meta Settlement: “Change Cannot Wait”

Prince Harry is praising a federal judge's decision ordering Meta to pay a fine of $567 million for failing to warn the public about the dangers its...

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Business news • Aug 07

Replimune Wins FDA Skin Cancer Drug Approval on Third Try. Why the Stock Is Tumbling.

Replimune secures FDA approval for Tudriqev on its third attempt, making it the company's first product on the market.

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Business news • Aug 07

Stock market hits records as Fed removes key safety net

The Fed raises the stakes as it keeps things closer to the chest.

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Business news • Aug 07

Fed Split on Rate Hikes Deepens as Five Years of High Inflation Tests Patience

Five years of high inflation is testing the patience of Federal Reserve officials and showcasing a split between those willing to wait before hiking...

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Business news • Aug 07

Why Doximity Stock Is Soaring 38% After an Earnings Miss

Doximity stock surges, even after the medical networking and telehealth company's earnings miss analysts' targets.

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Business news • Aug 07

What the jobs report can’t tell us about the confounding economic moment

Scan the topline numbers of this month's jobs report, and you'll wind up with two wildly different impressions.

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Business news • Aug 07

The Fed was expected to hike interest rates in September. Don't bet on that now, economists say.

A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.

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Business news • Aug 07

Trade Desk Stock Tumbles as Things Go From Bad to Worse. Here Come the Downgrades.

stock sank to the bottom of the S&P 500 on Friday after the advertising technology company reported second-quarter revenue that fell short of expectations.

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Business news • Aug 07

Burger King overtakes Wendy's as the nation's second-largest burger chain

Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.

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Business news • Aug 07

US sanctions Dubai crypto exchange for aiding Iran's IRGC, following a Reuters report

The United States on Friday sanctioned an unlicensed multi-state cryptocurrency exchange, alleging it processed millions of dollars of crypto for Iran's...

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Business news • Aug 07

Fed’s Hawkish Hold Splits Metals: Gold Gains, Silver Falls

Gold and silver are moving in opposite directions after the US Federal Reserve signaled a higher-for-longer interest rate environment, highlighting the...

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Business news • Aug 07

Blackjack losses, a chilling phone call and a diverted flight cap a chaotic Las Vegas vacation

A Las Vegas trip to the Cosmopolitan features high-limit blackjack, a machine gun range, Hogs & Heifers, Golden Tiki and a flight home diverted after a...

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Business news • Aug 07

S&P 500 Earnings Season Update: August 7, 2026

Stay updated on Q2 for the S&P 500 with this FactSet earnings report. View quantitative analysis of EPS, growth rates, sector performance, and revenues.

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Business news • Aug 07

Trump, Warsh Talk About Economy ‘All the Time,’ Hassett Says

(Bloomberg) -- President Donald Trump and Federal Reserve Chairman Kevin Warsh frequently talk about the economy, according to National Economic Council...

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Business news • Aug 07

Don’t get duped this tax-free weekend: What’s worth shopping and what’s not

On Aug. 8 and 9, the state's 6.25% sales tax will be suspended for many popular consumer purchases like furniture, appliances, electronics, books and more.

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Business news • Aug 07

Freedom Fuel, praised by Trump, sells cheap gasoline. But how?

Despite recent price hikes, the mysterious company is still offering a significant discount at 29 stations across Pennsylvania and New Jersey.

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Business news • Aug 07

Why Take-Two Won’t Share ‘Unprecedented’ ‘Grand Theft Auto VI’ Pre-Order Numbers

CEO Strauss Zelnick says he doesn't want to mislead shareholders.

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Business news • Aug 07

Palantir Stock Soars -- Bank of America Sees Massive Upside

Wall Street Sees More Room to Run for Palantir After 9% Rally.

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Business news • Aug 07

What’s behind the Google AI shake-up

Some of the biggest names on Google's AI team got new jobs this week. In some cases, including for legendary Googler Jeff Dean, those jobs are no longer at...

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Business news • Aug 07

Maggots and cockroaches seen at airline catering facility, staff say

Employees at an airline catering facility located next to Los Angeles International Airport have filed a safety complaint alleging exposure to maggots,...

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