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Putin announces partial military mobilization

Russian President Vladimir Putin speaks during a meeting on the military-industrial complex at the Kremlin, September 20, 2022, in Moscow, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Wednesday announ…

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The Fed is now expected to keep raising rates then hold them there, CNBC survey shows

Wall Street finally looks to be embracing the idea that the Federal Reserve will hike rates into restrictive territory and stay at that high rate for a substantial period. That is, the Fed will hike and hold, not hike and cut as many in the market…

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Stock futures rise slightly with Fed set to kick off September meeting on Tuesday

Stock futures rose slightly on Tuesday morning as Wall Street looked to build on a modest rebound ahead of another rate hike from the Federal Reserve. Futures tied to the Dow Jones Industrial Average inched up 61 points, or 0.2%. S&P 500 futu…

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Ford warns investors of an extra $1B in supply chain costs during Q3

2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resul…

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Bitcoin briefly drops to its lowest level in 3 months as risk assets continue to get crushed

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called "the merge." Yuriko Nakao | G…

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Impact on Philippines, Indonesia, Thailand: Nomura

Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world's largest rice ex…

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Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

The name of the car manufacturer Porsche is attached to the curved facade of the newly built Porsche Centre in Magdeburg. Stephan Schulz | picture alliance via Getty Images Volkswagen is targeting a valuation of 70 billion to 75 billion euros ($…

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Puerto Rico under hurricane warning as Tropical Storm Fiona approaches

Tropical Storm Fiona headed for Puerto Rico on Saturday, with forecasters warning it likely would grow into a hurricane before hitting on Sunday with extremely heavy rains with the potential to cause landslides, severe flooding and power outages. …

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Tesla Nevada Gigafactory works to cut Mosquito Fire smoke exposure

Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of …

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Here's what's in Biden framework to regulate crypto

U.S. President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S., September 14, 2022.  Tom Brenner | Reuters The Biden White House has just released its first-ever framework on what crypto regu…

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Home Depot’s customers have been resilient despite economic headwinds, CEO says

Home Depot 's business has remained strong even as turbulent economic conditions pinch consumers' wallets, CEO Ted Decker told CNBC's Jim Cramer on Friday. His comments come after Cramer questioned him on whether he has seen the same …

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Figma investors score historic coup with Adobe deal in down year

Adobe is paying 2021 prices. It's 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that's featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe's $20…

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