Author: super@dmin

Bloomberg News reported late Wednesday that about 3,700 jobs could be eliminated, and Twitter’s work-from-anywhere policy rescinded.

Fisker Inc. reported a quarterly loss that was wider than Wall Street expected but kept some of its milestones unchanged, including the start of production of its electric SUV, and gave more details about its expected sales pace.

Apple Inc. shares have held up far better than those of Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined.

Here are five key things we learned from Fed Chairman Jerome Powell’s press conference on Wednesday.

The clock is ticking down to the next U.S. recession as multiple bond market signals flash warnings, according to TS Lombard and Deutsche Bank.

The dramatic shakeout in bonds this year finally is a buying opportunity, says Jeffrey Gundlach, CEO of DoubleLine, in an interview with CNBC on Wednesday.

Tandem Diabetes Care Inc. shares plummeted more than 20% after the company reported earnings Wednesday, continuing a decline that has already cost the company two-thirds of its market value this year.

What’s next for markets after the Federal Reserve delivers its fourth and possibly final jumbo rate increase of 75 basis points? Well, a lot, actually.

Instacart Inc. will pay out its first companywide cash bonuses starting in December, said people familiar with the matter, as the grocery delivery provider aims to motivate staff after delaying its initial public offering.

Bitcoin outperformed major stock indexes on Wednesday, though both assets slid after the Federal Reserve raised its benchmark interest rate by 0.75 percentage point.