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Business

Meet Wall Street billionaire Howard Lutnick, Donald Trump’s nominee for commerce secretary
Business

Meet Wall Street billionaire Howard Lutnick, Donald Trump’s nominee for commerce secretary

Howard Lutnick has served as President-elect Donald Trump’s transition team cochair. Howard Lutnick, the CEO of Wall Street investment…

Read More Meet Wall Street billionaire Howard Lutnick, Donald Trump’s nominee for commerce secretaryContinue

‘The most expensive market of all time’: Billionaire investor David Einhorn says it’s probably not the best time to buy — but shares 2 stocks he’s betting on
Business

‘The most expensive market of all time’: Billionaire investor David Einhorn says it’s probably not the best time to buy — but shares 2 stocks he’s betting on

Add David Einhorn to the list of top Wall Streeters pointing out how expensive the stock market is. At…

Read More ‘The most expensive market of all time’: Billionaire investor David Einhorn says it’s probably not the best time to buy — but shares 2 stocks he’s betting onContinue

Morgan Stanley lets employees pitch AI uses. Here’s how the firm puts those ideas into practice.
Business

Morgan Stanley lets employees pitch AI uses. Here’s how the firm puts those ideas into practice.

Jeff McMillan If Jeff McMillan does his job right, it will look very different in three years. “Think about…

Read More Morgan Stanley lets employees pitch AI uses. Here’s how the firm puts those ideas into practice.Continue

Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chips
Business

Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chips

Nvidia will report third-quarter earnings on Wednesday after the closing bell. Top of mind for investors will be customer…

Read More Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chipsContinue

Stock market today: Indexes dip ahead of Nvidia earnings as traders weigh Russia-Ukraine tensions
Business

Stock market today: Indexes dip ahead of Nvidia earnings as traders weigh Russia-Ukraine tensions

US stocks slipped on Wednesday as traders waited for Nvidia to report its latest quarterly results. All three benchmark…

Read More Stock market today: Indexes dip ahead of Nvidia earnings as traders weigh Russia-Ukraine tensionsContinue

Target shares plummet as much as 22% as it posts disappointing earnings and cuts guidance
Business

Target shares plummet as much as 22% as it posts disappointing earnings and cuts guidance

CEO Brian Cornell said Target faces “unique challenges and cost pressures.”  Target shares plunged as much as 22% Wednesday…

Read More Target shares plummet as much as 22% as it posts disappointing earnings and cuts guidanceContinue

Marc Rowan is the visionary behind Apollo’s private-credit boom. Here’s what happens if he leaves for the Trump White House.
Business

Marc Rowan is the visionary behind Apollo’s private-credit boom. Here’s what happens if he leaves for the Trump White House.

Marc Rowan, CEO of Apollo Since Marc Rowan took over Apollo Global Management in 2021, he’s transformed the firm…

Read More Marc Rowan is the visionary behind Apollo’s private-credit boom. Here’s what happens if he leaves for the Trump White House.Continue

Nobel laureate Simon Johnson is skeptical that Trump will be able to follow up on his two biggest campaign promises — here’s why
Business

Nobel laureate Simon Johnson is skeptical that Trump will be able to follow up on his two biggest campaign promises — here’s why

President-elect Donald Trump made tariffs and mass deportations a cornerstone of his winning campaign. But according to Simon Johnson,…

Read More Nobel laureate Simon Johnson is skeptical that Trump will be able to follow up on his two biggest campaign promises — here’s whyContinue

Walmart says prices will ‘probably’ go up if Trump tariffs take effect
Business

Walmart says prices will ‘probably’ go up if Trump tariffs take effect

Trump’s sweeping tariff plan could lead Walmart to raise prices on some of its products, CFO John David Rainey…

Read More Walmart says prices will ‘probably’ go up if Trump tariffs take effectContinue

Government workers who want a new job amid Elon Musk’s efficiency plans may have to tap the ‘hidden job market’
Business

Government workers who want a new job amid Elon Musk’s efficiency plans may have to tap the ‘hidden job market’

Elon Musk (L), Vivek Ramaswamy (R) When Donald Trump won the White House for a second time, Ayanna Jackson…

Read More Government workers who want a new job amid Elon Musk’s efficiency plans may have to tap the ‘hidden job market’Continue

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