GM looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery ...
SEC Chief Economist Wachter to Leave Agency
Wachter, who is also director of the SEC's Division of Economic and Risk Analysis, will depart the agency Friday after overseeing its economists and data scientists since May 2021. She will return to ...
Quantum-Computing Stocks Soar After Microsoft Unveils Training Program
In November, Amazon.com's Amazon Web Services introduced Quantum Embark, a program intended to prepare its customers for quantum computing. Last week, quantum-computing stocks sank after Nvidia Chief ...
Williams says 'it will take more time' to hit Fed's 2% inflation goal, but more rate cuts not ruled out
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
Tempus AI Shares Rise on Launch of Cancer-Profiling Device
Tempus AI shares were up 14%, to $36.42, after the company launched its FDA-approved in vitro diagnostic device, xT CDx. The healthcare technology company said Wednesday that, beginning today, xT CDx ...
European Commission: To Order Lufthansa to Reinstate Condor's Access to Lufthansa's Feed Traffic to and From Frankfurt Airport
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
JPMorgan CFO says recent 'quantum' growth in headcount won't continue
JPMorgan had 317,233 employees at the end of 2024, up by 7,307, or 2.4%, from a year ago. That compares with the 0.7% growth in the U.S. civilian labor force over the same time. Since the end of 2021, ...
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds, according to data released by the ...
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...