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Democrats running for governor in California have said in recent debates that Gavin Newsom deserves high grades for his performance –– mostly B’s, and even A’s.
NEW YORK — Oil prices shot higher Wednesday on concerns of an extended blockade of the Strait of Hormuz, while Wall Street stocks moved indecisively after a divided Federal Reserve kept interest rates unchanged.
South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.
The yen at one point depreciated to 160.48 per dollar during New York trading on April 29. (Photo by Koji Uema)
Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook
Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook
Samsung Electronics said Thursday its first-quarter operating profit jumped 756.1 percent on-year to 57.23 trillion won ($38.5 billion), hitting a quarterly high as its chip business accounted for the bulk of earnings.
The US Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time, citing "elevated" inflation and a "high level" of economic uncertainty stemming from the ongoing Middle East conflict.
New Delhi has to be wary of any move to challenge the US dollar as it seeks to sign an interim trade deal with Washington, analysts say
New Delhi has to be wary of any move to challenge the US dollar as it seeks to sign an interim trade deal with Washington, analysts say
(ATTN: ADDS more info in paras 4-5, 11)By Kim Han-joo
Asia-Pacific markets were poised to open lower Thursday, tracking overnight losses in key Wall Street benchmarks as oil prices extended gains amid a U.S. blockade of Iranian ports, while the Federal Reserve held interest rates steady.
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(ATTN: ADDS more info from para 2)By Kim Han-joo
Meta Platforms raised its annual capital spending forecast on Wednesday, plowing billions more into artificial intelligence infrastructure even as it grapples with possible losses from a global youth social media backlash.
‘We’re going to have to wait and see,’ Fed chairman Jerome Powell says after hosting his last FOMC meeting
‘We’re going to have to wait and see,’ Fed chairman Jerome Powell says after hosting his last FOMC meeting
When power shifts at the top of some of the world's biggest companies, most people don't notice.
WASHINGTON – Federal Reserve Chair Jerome Powell said on Wednesday he will stay on as a central bank governor for an undetermined period of time when his leadership term ends next month, amid hopes that ongoing political attacks on the institution will start to settle down.
Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies.
SEOUL, April 30 (Yonhap) -- South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.
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Coupang was the most-used commerce application in South Korea in the first quarter of 2026, according to market research firm Wiseapp Retail Goods.
Meta, owner of social media platforms including Facebook and Instagram, announced results for the first quarter on April 29. © Reuters
KPMG, one of the Big Four accounting firms, is winding down its federal government audit business after losing a $64 million-a-year U.S. Army audit contract, a major setback as the Department of War under Defense Secretary Pete Hegseth moves to bring in another accounting firm.
Canada’s Prime Minister Mark Carney, left, and Minister of Finance and National Revenue, Francois-Philippe Champagne, make their way to the House of Commons before the tabling of the spring economic update, on Parliament Hill, in Ottawa, Ontario, Tuesday, April 28, 2026. (Justin Tang/The Canadian Press via AP)
Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern
Property News: Australia's most popular suburbs in every capital city.
Saudi Arabia’s Public Investment Fund plans to stop financial support for LIV Golf after this season, according to a person familiar with the situation.
PocketOS was left scrambling after a rogue AI agent deleted swaths of code underpinning its business
Barclays is out with a report on nuclear and how the industry is progressing from conviction to construction. The report highlights year-to-date regulatory developments, demand and execution signals and market pricing across the industry.
Brady Tkachuk is tired of trade talks.
Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.
Elon Musk said he was a “fool” to trust Sam Altman with the future of OpenAI in his second day of testimony in the bombshell trial over the future of the artificial intelligence giant.
Buckle up, Bel Air. The City of Angels is once again about to rewrite the record books with a jaw-dropping mega mansion that’s hitting the market, with an asking price that resembles that of a big-budget Hollywood blockbuster: $400 million.
Saudi Arabia's Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with the matter told CNBC's Sara Eisen, leaving the controversial golf venture in limbo.
The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.
CHANGWON, South Korea, April 30 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co. (GM), has reaffirmed its commitment to maintaining operations, dismissing persistent market rumors of a potential exit, while also noting that ongoing geopolitical tensions in the Middle East have not disrupted its …
(ATTN: ADDS more info, remarks in paras 15-18)By Song Sang-ho
President and Chief Investment Officer of Alphabet and Google Ruth Porat waits for Britain’s King Charles III to arrive at a UK-U.S. trade event at Rockefeller Center, Wednesday, April 29, 2026, in New York. (Cindy Ord/Pool via AP)
Bill Ackman‘s long-anticipated Wall Street debut flopped on Wednesday, as shares of his new closed-end fund tumbled 18% on the New York Stock Exchange despite the hedge-fund billionaire’s rampant following on social media.
In our preview of Amazon's earnings, we summarized sentiment as "Bullish, But Concerns Remain" with JPM noting that client "conversations were heavily AWS-skewed with investor focus on degree of acceleration and cloud $ re-capture driven by core workloads, AI, & new partnerships. Still, some concerns remain on broad…
Ottawa Senators’ Brady Tkachuk looks on after the team was eliminated by the Carolina Hurricane in Game 4 of a first-round NHL hockey Stanley Cup playoff series against the Carolina Hurricanes in Ottawa, Ontario, Saturday, April 25, 2026. (Justin Tang/The Canadian Press via AP)
(ATTN: RECASTS headline, lead; UPDATES throughout)By Song Sang-ho
Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock.
Authorities announced Wednesday that former Atlanta Hawks finance executive Lester T. Jones Jr. was sentenced to three years and five months in prison for embezzling approximately $3.7 million from the team through fraudulent expense reimbursement requests and misuse of corporate credit cards.
More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon. But fat profit reports from Visa and other big companies helped the U.S. stock market remain resilient Wednesday.
Russian President Vladimir Putin said Wednesday that Moscow is looking to deepen economic cooperation with the Republic of the Congo, as Russia continues efforts to strengthen ties across Africa through trade, investment and debt relief.
Four suspiciously-timed trades on the oil futures market have analysts and traders outraged — calling out corruption in the industry or, even worse, data leaks at the highest level.
Friendster, the once-dominant social media platform of the early 2000s, has officially returned, aiming to recapture the spirit of its original community while adapting to modern digital habits.