Reports Financial News

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates

The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin

Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% more proble...

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government said in an upgrade from its previous estimate

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshir...

NATO member Finland has closed its last remaining border crossing with Russia

The irreverent feminist website Jezebel is making a comeback less than a month after it was shut down

Investing.com-- Oil prices rose sharply Wednesday, shrugging off unexpected increase in U.S crude stockpiles amid further supply disruptions just a day ahead of an OPEC+ meeting to decide on future output policy.

Investing.com — The economic outlook soured on slowing growth in recent weeks as consumers are keeping a closer on spending amid an easing in the labor market as well as in the pace of inflation, according to the Federal Reserve's Beige Book released Wednesday.

Investing.com — Salesforce lifted its annual guidance on Wednesday after reporting third-quarter earnings that topped expectations as margins jumped amid ongoing efforts to improve efficiency boosted performance.  

Investing.com — The Dow gave up some gains to close flat Wednesday, though remained on track to post big November gains amid fresh optimism that the economy will avoid recession and ongoing optimism of Fed rate cuts of early next year.

By Stephen Culp

Christmas at Graceland promises a musical extravaganza this year with a line-up featuring renowned artists. The Graceland property is set to host a festive event that transcends music genres, paying homage to the legendary Elvis Presley.

Layoffs at Granite City, Illinois, mill could be devastating for local families and economy. FOX 2 reports. 

FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.'

Pokémon fans have a reason rejoice as "Pokémon Horizons: The Series" is set to premiere in February 2024 on Netflix. This marks the 26th season of the Pokémon anime and introduces the Pokémon Horizons storyline, a departure from the preceding 25 seasons featuring Ash Ketchum and Pikachu, as per WhatsOnNetflix report. In a significant shift, «Pokémon Horizons: The Series» follows the adventures of Liko and Roy, accompanied by their Pokémon companions Sprigatito and Fuecoco. Notably, it marks the first season without the familiar characters of Ash Ketchum and Pikachu, emblematic figures in the Pokémon franchise. The series initially aired on TV Tokyo in Japan starting from April 14, 2023. Exciting news was officially confirmed via the Pokémon X account, announcing the arrival of «Pokémon Horizons: The Series» on Netflix on February 23, 2023. Get ready for a fresh Pokémon journey with new characters and stories. Netflix had a tough year in 2022. Big rivals such as Disney and Amazon Prime were circling, and viewers seemed to be rethinking their streaming habits amid rising prices in a turbulent global economy. Netflix lost subscribers, and its share value plummeted. Since then though, the company appears to have enjoyed a very swift reboot. According to its latest letter to shareholders, it added 8.8 million new subscribers in the third quarter of 2023, on top of the 5.9 million it gained in the three months before that. The total number of subscribers worldwide is now 247.2 million.

U.S. Deputy Treasury Secretary, Wally Adeyemo, had choice words for “bad actors” in the crypto space while delivering remarks at the Blockchain Association’s Policy Summit in D.C. Wednesday.

US economic activity slowed in recent weeks as consumers pulled back on discretionary spending, the Federal Reserve said in its “Beige Book" survey of regional business contacts. “Sales of discretionary items and durable goods, like furniture and appliances, declined, on average, as consumers showed more price sensitivity," according the report released Wednesday.

Most young financial advisors say artificial intelligence will enable them do their jobs better, but they also say their firms restrict the use of the nascent technology, in part because of regulatory concerns, according to a study released Wednesday.

video game players have witnessed the return of rarest skins. This has puzzled video gamers. Epic Games' popular battle royale title, Fortnite, is renowned for its dynamic gameplay, frequent updates, and an extensive array of cosmetic items. Among these, the Item Shop skins stand out as coveted in-game accessories that add a unique flair to players' avatars. The recent Season OG has brought back a multitude of cosmetic items from previous Fortnite seasons, including weapons, gear, and vehicles. This revival has surprised players, especially with the reappearance of one of the game's rarest Item Shop skins. Players are expressing their excitement at the return of this outfit, underscoring their eagerness to acquire it. The Black Widow outfit has made a comeback in the Fortnite Item Shop after a span of 1,668 days. The last time this outfit was available in the shop was in 2019, coinciding with the release of the Avengers: Infinity War collaboration in the game. Alongside the outfit, the Widow's Pirouette emote has also made a return for players to obtain from the Item Shop. Epic has introduced voice reporting for Fortnite players to curb harassment. Voice chat audio is captured on your device — for example your gaming console or PC — not the Epic Games servers.