updates

Breaking NewsMicrosoft lowers revenue guidanceMicrosoft, ahead of the opening bell, lowered its revenue guidance for the 4Q. "On June 2, 2022, Microsoft Corporation updated our guidance for the quarter ending June 30, 2022 due to…

Jobs front of mind as Fed tightens monetary policyThe healthy finances of U.S. banks, companies and households, trumpeted during the pandemic by Federal Reserve officials as a source of resilience, may be an obstacle to battling…

Deutsche Bank chief executive Christian Sewing and his top team are waiving a fraction of their 2021 bonuses © Bloomberg Deutsche Bank chief executive Christian Sewing and his top team are waiving a…

In an abrupt reversal, markets closed down on Thursday in the penultimate session of 2021 as a thinly-traded last week of the year for Wall Street comes to a close.Investors mulled fresh jobs data out of Washington and rising cases of…

Welcome to independence week. The big one — the celebration of 1776 and all that — kicks off across the US on Monday. But from Algeria to Venezuela, Argentina to South Sudan, disconnecting from former colonial powers is a strong theme —…

Prime minister Boris Johnson’s authority is “draining away”, a former Conservative MP has said, in the wake of the governing party losing two by-elections.“ authority is very significantly diminished,” Gavin Barwell told Sky News on…

Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into the close after the Federal Reserve signaled interest rate hikes could come as…

U.S. stocks oscillated between gains and losses in choppy trading Tuesday following a profit warning from Target that renewed concerns about the economic outlook.The S&P 500, Dow, and Nasdaq each hovered around the flatline.…

U.S. Capitol Police and loved ones of officers who died after the Jan. 6 riot watched graphic video footage of the attack in the hearing room Thursday night with their arms around each other. Officer Harry Dunn, who testified under oath…

U.S. stock futures moved slightly higher Tuesday morning as the major averages steadied following a plunge that sent the S&P 500 into its first bear market since the height of the pandemic.Contracts on the S&P 500 rose by about…