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News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.

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Rocket Pharma's shares soar after U.S. FDA lets gene therapy trial resume

The drugmaker's shares were up 19% in midday trading after soaring more than 30% earlier Wednesday morning.

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Divided Fed worried about tariffs, inflation and the labor market, minutes show

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.

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Crypto treasury firms whose shares once soared have tumbled in August. Here are the big winners and losers

Crypto accumulators became central players this summer as investors sought bigger returns during a bitcoin price slump.

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Trump has snapped up more than $100 million in bonds since taking office

The U.S. president has purchased hundreds of bonds issued by companies, local governments and school boards.

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Trump housing regulator Pulte says Fed's Cook should resign or be fired, alleging mortgage fraud

Trump has targeted the Federal Reserve and its chairman, Jerome Powell, as he pressures the central bank to slash interest rates.

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Market rotation winners and losers — plus, quantum computing news from one of our industrials

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Israel enters first stage of planned assault on Gaza City

Israel on Wednesday entered the first stages of its planned assault on Gaza City after approving a plan to take over the city that includes calling up 60,000 reservists.

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This biotech stock could see a sharp swing higher after years of struggling, charts suggest

Chart analyst Frank Cappelleri breaks down the technical outlook on the biotech stock.

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Stocks making the biggest moves midday: Target, Intel, Medtronic, Palantir, La-Z-Boy and more

Here are some of the stocks posting the biggest moves in midday trading Wednesday.

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States brace for less disaster relief aid as Trump administration reshapes FEMA

As the Trump administration lays out a new vision for FEMA, funding for western North Carolina's Hurricane Helene recovery hangs in the balance.

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Walmart is due to report earnings on Thursday. Here’s what analysts say to expect

Several analysts are optimistic about Walmart heading into the second-quarter print, even after the stock's outperformance since the start of the year.

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Claire's sells most of its North American business after filing for bankruptcy protection

Claire's announced Wednesday it is selling most of its North American business in an effort to stave off liquidation after filing for bankruptcy protection.

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Target shares tumble as retailer picks new CEO, says sales fell again

Investors are looking for signs that the struggling big-box retailer Target is getting back on track.

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Erasing personal data from the devices you discard is a booming business

End-of-life management of used and discarded smartphones, computers, servers, and hard drives, and the massive amount of data stored on them, is a big business.

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Op-ed: High-value AI conversations will lead to a new, richer era for Google and the open web

While search traffic will decline, potentially hurting Google and publishers in the short term, a new type of "supply" is emerging: LLM conversations.

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Trump slams 'anti-American' pushback after fresh delay to Arizona copper mine

Two of the world's largest mining firms, Rio Tinto and BHP have been trying to develop Resolution Copper for roughly two decades.

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OpenAI logged its first $1 billion month but is still 'constantly under compute,' CFO says

OpenAI has ballooned in size since the launch of ChatGPT in late 2022 and is expected to triple in revenue to $12.7 billion this year.

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Dayforce in advanced talks for $70 per share buyout by Thoma Bravo

The offer represents a premium of 32.4% based on the stock's closing price on August 15 and a deal value of $11.18 billion, according to Reuters calculations.

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Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds

The NEC director firmly led when asked who the president will choose from among 11 names being considered.

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Should I refinance my auto loan?

CNBC Select looks into when refinancing your car loan is a good idea.

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DDH honours the copyright of news publishers and, with respect for the intellectual property of the editorial offices, displays only a small part of the news or the published article. The information here serves the purpose of providing a quick and targeted overview of current trends and developments. If you are interested in individual topics, please click on a news item. We will then forward you to the publishing house and the corresponding article.
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