Business

Here’s what’s driving Iren’s stock higher after a brutal selloff

In the heart of New York City, a small business owner named Maria Hernandez watched her computer screen with a mixture of hope and skepticism. Just weeks ago, her company’s stock took a nosedive amid broader market fears. Now, Iren’s recent announcement has sparked a cautious optimism among...

Worst US Stock Rout Since 2020 Leaves Virtually Nowhere to Hide

On a grim Monday morning in Manhattan, traders watched the screens with sinking hearts as the Dow Jones Industrial Average plummeted by over 1,200 points before noon. The chaos was palpable; brokers shouted orders, and screens flashed red as investors scrambled to exit what had become a sea of red....

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Trading Day: A November 5 market bonfire 

Analysis:Japanese savers have rediscovered interest rates and banks are feeling it

Is Lula’s upset win also a victory for Chinese firms in Brazil?

With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment...

‘Free to roam the world’: Why some families choose to scatter their loved ones' ashes at sea

Funeral providers expect private arrangements for sea scattering to still appeal to families, even as a government-led ferry service begins next year.

Why pollsters underestimated the size of the Democrats’ US midterm ‘blue wave’

On election night in November, as the results poured in, many Democrats in New York and across the nation felt a cautious optimism. The polls had suggested a tighter race, but the actual vote count revealed a sweeping wave of Democratic victories—one that surprised many analysts and voters alike....

DraftKings Plunges on 2027 Forecast That Misses Estimates

On a brisk autumn evening in New York City, a group of investors gathered around their screens, their faces illuminated by the flickering glow of financial charts. Among them was Sarah Martinez, a longtime community advocate and mother of three, who had just checked her portfolio. Her heart sank as...

Buy the dip or wait it out? Young investors react as retail stock selling hits one of its highest levels since COVID crash.

On a crisp autumn morning in Manhattan, Julia Ramirez, a 28-year-old software engineer, stares intently at her laptop screen as the New York Stock Exchange dips sharply. Her fingers hover over her keyboard, caught between the impulse to buy the recent market dip and the cautious voice of experience...

Italy must be unpredictable against Erasmus’s Springboks, says Quesada

California governor says commuting all death sentences in state

California Governor Gavin Newsom has commuted the death sentences of 548 prisoners to life imprisonment, saying capital punishment is "incompatible" with the state's values.