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New York CNN — Shares of ride-hailing app Uber reached a new 52-week high last week as the San Francisco-based firm prepares to make its S&P 500 debut in Monday trading. “Super proud of the Uber team for S&P 500 inclusion,”...
New York CNN — US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record high of 36,799.65,...
New York CNN — Titans of finance have been warning for months that looming geopolitical dangers are the biggest threat by and large to the US economy. But even as wars rage on in the Middle East and Eastern Europe, markets have...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
New York CNN — Shares of Macy’s soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year old retailer closely associated with the holiday season might itself be bought. The report said the...
New York CNN — US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The prolonged drop comes as analysts worry about increased production around the globe...
New York CNN — Startups are not having a good 2023. And the investors who handed out billions of dollars to fund them aren’t very happy about it. During more flush years, venture capitalists, angel investors and billionaire...
New York CNN — This year’s stock rally is back on course, but not everyone is on board. The S&P 500 index in November notched its best monthly performance this year, snapping a three-month streak of steep losses as Wall Street...
London CNN — Germany’s benchmark stock index opened at an all-time high Wednesday as investors’ growing confidence that interest rates will soon be cut outweighs worries that the country may be suffering a recession....
New York CNN — The presidents of Harvard, MIT and the University of Pennsylvania faced intense scrutiny on Wednesday from business leaders, donors and politicians following their testimony at a House hearing on antisemitism...
New York CNN — Calling the remarkable past few weeks on Wall Street a Santa Claus rally or an end-of-year winning streak would be an understatement. The Dow has been soaring to record highs for multiple days in a row. The...
New York CNN — US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the iconic 122-year old company, which was once the...
