All news by author: Reuters

The hit an intraday record high, but technology stocks weighed on the S&P 500 and the Nasdaq on Monday ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week.

Republican presidential candidate Donald Trump is not selling his shares of the company that owns Truth Social and will not leave the social media platform that he created, he told reporters on Friday.

Wall Street's main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, with interest rate sensitive small cap stocks outperforming.

Former cryptocurrency executive Caroline Ellison urged a federal judge not to send her to prison after she pleaded guilty over her role in the theft of $8 billion from customers of Sam Bankman-Fried's bankrupt FTX exchange.

China's Huawei Technologies introduced a $2,800 phone with a tri-fold design as it aims to strengthen its dominance in the largest smartphone market globally

Campbell Soup is dropping "soup" from its name to become "The Campbell's Company," CEO Mark Clouse said on Tuesday, a pivot symbolizing the company's shift to other packaged food such as jarred sauces like Rao's and Goldfish snacks.

JPMorgan Chase is focused on succession planning and has a cadre of "extremely" qualified people who are prepared to run the bank eventually, CEO Jamie Dimon said Tuesday.

U.S. prosecutors unveiled criminal charges on Monday against two alleged leaders of a white supremacist gang, saying they used the Telegram social media site to solicit attacks on Black, Jewish, LGBTQ people and immigrants aiming to incite a race war.

In a proposed class action filed in Manhattan federal court, the plaintiff Matthew Goodman said Church & Dwight's products, advertised as "America's #1 Condom," are unfit for their intended purpose because they contain per- and polyfluoroalkyl substances, or PFAS.

Wall Street's three main stock indexes jumped on Monday after a week of losses as investors looked for bargains while they waited for inflation reports in coming days and the Federal Reserve's next policy decision next week.

A preliminary report into the August crash of an airliner in Brazil found signs of ice buildup on the plane but no definite cause for the accident, the country's Center for Research and Prevention of Aeronautical Accidents (Cenipa) said on Friday.

Paul Belloisi, who used to work as an aircraft mechanic for American Airlines, was sentenced to nine years in prison on Friday after being found guilty of attempting to smuggle cocaine concealed beneath the cockpit of a plane traveling from Jamaica to New York

A fire killed 17 boys when it tore through the dormitory in which they were sleeping at a boarding school in central Kenya in the early hours of Friday, police said.

On Friday, stocks suffered their most significant decline in more than a year, burdened by a jobs report indicating a persistent slowdown in the labor market, which left traders unsure about the extent of the Federal Reserve's potential interest rate cuts

Nick Pickles, who was in charge of global affairs at X, announced on Thursday that he is leaving the social media company, previously known as Twitter, after ten years

Paramount Global's chair, Shari Redstone, is set to receive $180 million in severance and additional benefits, in addition to millions from her sale of stock in National Amusements to Skydance Media, according to Bloomberg News on Thursday

Safe Superintelligence (SSI), recently co-founded by former OpenAI chief scientist Ilya Sutskever, has secured $1 billion in funding aimed at creating advanced artificial intelligence systems with safety measures, executives of the company informed Reuters

Six credit rating agencies agreed to pay a total of more than $49 million in civil penalties to settle U.S. Securities and Exchange Commission charges they broke recordkeeping rules.

Powerful blasts shook the capital of Ukraine, Kyiv, early Monday when Russia fired a series of missiles, causing fires and damaging residences and infrastructure, officials reported

Thousands of U.S. hotel workers in several cities are on a multi-day strike after contract talks with hotel operators Marriott International MAR.O, Hilton Worldwide HLT.N, and Hyatt Hotels H.N reached an impasse, the Unite Here union said on Sunday.

One of the most notorious drug chiefs in Mexico's history, Osiel Cardenas, was released from a US prison on Friday into the custody of immigration officials who may deport him.

The Dow jumped more than 200 points to close at 41,563.08. It was the blue-chip index's fourth record close this week and 26th this year.

An ongoing feud between a Brazil Supreme Court justice and Elon Musk left social media platform X on the brink of being blocked in the country, as President Luiz Inacio Lula da Silva demanded that the billionaire comply with local laws.

A nonprofit organization whose members advocate for eco-friendly policies filed a lawsuit against Texas on Thursday, aiming to prevent the enforcement of a state law targeting companies that endorse a diminished dependence on fossil fuels

Dollar General's shares dropped 32% to their lowest point in over six years on Thursday after the discount retailer cut its yearly sales and profit projections. This comes as competition for price-sensitive consumers grows in the United States