Business News

The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however,...
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Nike (NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, and cleaning up the messes of its outgoing tech-focused c-suite chief....
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Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates. U.S. futures and oil prices...
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FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies after the company announces CEO John Donahoe will be retiring....
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After three and a half years in Dallas, police chief Eddie Garcia is retiring from the department to become an assistant city manager in Austin where he will oversee that city’s public safety...
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Oil prices eased on Friday, but were on track to register gains for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures were down 32...
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The Group of Seven nations originally promised at least $50 billion in funding using frozen Russian assets, but there were differences between the United States and the E.U. over implementation....
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A Philippine senator leading an investigation into a former mayor's alleged links to Chinese criminal syndicates said on Friday she would not rule out her possible involvement in espionage. Alice Guo,...
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That's because the market is forward-looking and had already started pricing in the rate cut before the announcement. It's also not necessarily a bad thing. The 10-year US Treasur...
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High earning parents will lose out on more than £20,000 of childcare support each year under new government changes, data shows. Fresh measures to support parents of children as young as nine months...
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