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(Reuters) – Media conglomerate News Corp (NASDAQ:) on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book publishing business.Inflation and higher interest rates have impacted News Corp’s businesses and dented its…
NEW YORK (Reuters) – Extreme heat and rising electricity demand are expected to drive up power prices in Texas this summer, while the rest of the U.S. power markets are broadly pricing lower, according to analysts and data this week.WHY IT’S IMPORTANT Imbalances in U.S. power supply and demand, along…
Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation, is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed pervasive sexual harassment, discrimination and bullying at the agency. If he heeds the calls, there could be significant ramifications for banks across…
AUD/USD drops 0.26%, pressured by higher US Treasury yields and risk aversion, contributing to a 0.70% two-day decline. RBA keeps rates steady; nuanced inflation comments lead to negative market reaction for AUD/USD. US Fed caution echoed by Boston Fed President Susan Collins, warning against premature rate cuts amid September cut…
Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be…
The former president of the MGM Grand casino in Las Vegas is set to be sentenced Wednesday afternoon on a federal criminal charge related to his failure to report millions of dollars in wagers by an illegal bookmaker at his casino.Scott Sibella, the ex-MGM executive, pleaded guilty in January to…
By Jamie McGeever(Reuters) – A look at the day ahead in Asian…
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ARC Document Solutions, a leading provider of document solutions, has reported a…
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning…
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By James OliphantWASHINGTON (Reuters) – As Donald Trump stewed in a Manhattan courtroom during his hush money trial, voters hundreds of miles away in Indiana showed the Republican presidential candidate he still has work to do to win over some skeptics in his party.The Midwestern state’s primary vote on Tuesday revealed surprising support for Trump’s long-vanished rival, Nikki Haley, with more than 30% of voters in some parts of the state refusing to vote for Trump, the party’s nominee in waiting.Haley left the race in March, and Trump has been unopposed ever since. Yet as has been the pattern throughout…
Civil rights groups urged the US Supreme Court to step into Louisiana’s fraught and potentially far-reaching redistricting battle on Wednesday, asking the justices to rule against some White voters who…
GOP Rep. Scott Perry of Pennsylvania said in a closed door briefing with lawmakers on Tuesday that the Ku Klux Klan is the “the military wing of the Democratic party” and that…
The nervous Democrat in Jade Gray will get to the worrying part soon enough. But graduating college surrounded by demonstrations and protest was a full circle moment worth cherishing. “It…
Markets
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PROVO, Utah – Enterprises Inc. (NYSE: NUS) reported first-quarter earnings that marginally beat analyst estimates, but shares fell 1.7% as…
Finance
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The UAE is boosting ties with China’s air force.It could be a scheme to increase pressure to buy the US F-35 stealth fighter.The UAE is pursuing…
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(Reuters) -Online trading app Robinhood (NASDAQ:) Markets beat estimates for first-quarter profit…
Investing
I recently had a client reach out and say that their car of 12 years is totaled, and they don’t know how to approach getting another car. If your work or lifestyle relies on access to a car, acquiring your next car can be stressful given today’s interest rate landscape…
Economy
By Davide BarbusciaNEW YORK (Reuters) – U.S. bond giant PIMCO said on…
Fintech
Jennifer Pace has been declared the winner of the GOP primary in…
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