IBM cutting thousands of jobs in the fourth quarter
IBM recently delivered stronger earnings than expected, thanks to a 10% jump in revenue from software, meeting consensus.
Government shutdown set to become longest ever after latest Senate vote fails
The latest attempt to end the shutdown, by passing a Republican-backed stopgap resolution through Congress, failed in the Senate for the 14th time.
Wall Street gets another reason to like Eli Lilly stock, and DuPont's spin is going to plan
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Appeals court dubious of FTX founder Bankman-Fried’s conviction challenge
FTX was one of the largest cryptocurrency exchanges in the world when it went bust in 2022. Founder Sam Bankman-Fried is serving a 25-year prison term.
Trump suggests U.S. won't pay any SNAP benefits during shutdown, contradicting court filing
Prior presidential administrations have continued paying SNAP benefits during past shutdowns of the U.S. government.
Bitcoin falls below $100,000 for the first time since late June
Cryptocurrencies retreated Tuesday as investors continued to flee risk-on assets.
Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
Job openings in October slumped to the lowest level since February 2021, Indeed measure shows
Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.
Aramco CEO says Saudi Arabia's cheap energy will turn kingdom into a global AI data center leader
Saudi Aramco CEO Amin Nasser shared details of the kingdom's national AI strategy in an interview with CNBC's Sara Eisen.
AI-washing and the massive layoffs hitting the economy
Amazon, Target and UPS are laying off thousands of employees, but the reasons behind the cuts go a lot deeper than AI.
Small Businesses Gear Up for Tariff Fight at Supreme Court
Companies that sell diamonds, plant sensors and wine all have one thing in common: They are weighing in against tariffs in a consequential case.
Bessent Plans to Attend Tariff Arguments at the Supreme Court
Treasury Secretary Scott Bessent dismissed the idea that his presence could be seen as an attempt to intimidate the court on a case that President Trump considers vital to his economic policy.