Warren urges DOJ criminal probe of Bank of America over anti-money-laundering violations
Warren asked the DOJ to disclose by Nov. 12 whether it has launched a criminal investigation into Bank of America after it admitted to violations.
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Kalshi valuation jumps to $40 billion in latest funding round
The prediction market platform one year ago was valued at $5 billion.
AI buildout hits snag as Google and Microsoft put off raising capex forecasts
Microsoft and Alphabet both reported capital expenditures that fell short of estimates, adding to concern over the cost of the AI buildout.
Can the UK afford more help with the cost of living?
Labour party aims to help households and sustain growth as inflation and debt costs limit its options.
Merck tops quarterly estimates, hikes profit outlook as new Keytruda form shows strength
Merck's immunotherapy Keytruda, including a newer injectable form of the drug, showed stronger-than-expected sales.
Restaurant Brands reports mixed results as Burger King's U.S. turnaround shows signs of success
Burger King's U.S. restaurants outperformed, while Popeyes disappointed.
Eli Lilly hikes sales outlook, as CEO says there's room for 'dramatic' obesity market expansion
Eli Lilly reported that sales of obesity drug Zepbound and diabetes treatment Mounjaro surged again in the third quarter.
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Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.
Jim Cramer sees major implications from SK Hynix's home-run quarter
CNBC’s Jim Cramer said SK Hynix’s blockbuster earnings showed that AI stocks can still rally.
Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most powerful tool.
The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.
Weil, Gotshal & Manges, longtime Wall Street law firm, plans wind down
Weil, Gotshal & Manges, a multinational law firm, has represented major corporations over its nearly century-long history.
Putin praises Elon Musk as a ‘genius’ as Russia develops Starlink alternative
Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.
The politics of President Lagarde's European Central Bank early exit — and who could replace her
European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday.
It's a 'socialist' bank — and North Dakota Republicans love it
Democratic socialist candidates have held up North Dakota's state-owned bank as a model to emulate.
Burnham 'ready to support' Poundland staff as retailer faces collapse
Poundland's bosses are filing a notice of intention to appoint administrators to the business.
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Obama and Trump spar at rallies in Georgia and Ohio: Key takeaways
Obama and Trump traded barbs over the Iran war, tariffs and the White House ballroom ahead of the US midterm elections.
Hegseth reportedly fires U.S. top military planner as Trump downplays Iran peace talks
Lieutenant General Brett Sylvia was removed as head of strategy, plans and policy on the Joint Chiefs of Staff.
Alphabet tanks nearly 13% for worst day ever, losing $500 billion in value
Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.
Shell nearly doubles quarterly profit year-on-year as refining margins soar to record high
The oil major hiked its share buyback program as geopolitical volatility and a refined products crunch drove energy and fuel prices sharply higher.