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Breaking News: Markets

Klarna launches bank-like personal account, cashback ahead of IPO

by Edgar Davis
Klarna launches bank-like personal account, cashback ahead of IPO

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Financial technology firm …

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Retail sales July 2024:

by Walter Watson
Retail sales July 2024:

An H&M store is seen in Herald Square on July 01, 2024 in New York City.  Michael M. Santiago | Getty Images Consumer spending held up even better than expected …

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GEHC gives reasons to look beyond temporary China woes and shares reverse higher

by Akin Smith
GEHC gives reasons to look beyond temporary China woes and shares reverse higher

GE Healthcare on Wednesday morning reported a mixed second quarter and shares initially moved sharply lower. The stock then reversed higher as the post-earnings call got underway. Management made it …

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We’re downgrading Ford after automaker’s old issues cut into earnings

by Horatio Thompson
We’re downgrading Ford after automaker’s old issues cut into earnings

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its …

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Annual inflation rate slows to 2.9%, lowest since 2021

by Walter Watson
Annual inflation rate slows to 2.9%, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table …

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Ford, GM, Stellantis stocks fall after disappointing earnings reports

by Horatio Thompson
Ford, GM, Stellantis stocks fall after disappointing earnings reports

A Ford Bronco on display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT — Ford Motor is leading a decline in major …

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Stock market today: Live updates

by Ron Morgan
Stock market today: Live updates

CPI data expected to show small month-over-month uptick in inflation after June decline Wednesday’s consumer price index data release for July is likely to show a rise of 0.2% month …

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Ford, GM, Stellantis face daunting second half of 2024

by Horatio Thompson
Ford, GM, Stellantis face daunting second half of 2024

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The …

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Video game industry faces sluggish 2024 sales growth, Newzoo says

by Edgar Davis
Video game industry faces sluggish 2024 sales growth, Newzoo says

Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025. Guillaume Payen | Sopa Images | Lightrocket | Getty Images The global …

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RBNZ cuts cash rate by 25 basis points; lowers rate forecasts

by Walter Watson
RBNZ cuts cash rate by 25 basis points; lowers rate forecasts

A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters The Reserve …

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