Bank of England set to hold rates as Europe heads for Fed divergence
Variegated tulips planted in flower beds opposite the Bank of England in the City of London on 7th May 2024 in London, United Kingdom. = Mike Kemp | In Pictures…
Weekly jobless claims jump to 231,000, the highest since August
Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise robust labor market is changing. Jobless claims totaled a seasonally…
Bank of England holds rates, stresses June cut depends on coming data
City of London skyline on 6th March 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Thursday held interest…
Stocks making the biggest moves after hours: ABNB, HOOD, ARM, EQIX
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check…
China’s imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow
Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s customs agency released data Thursday that showed exports rose in-line with…
Appian CEO on Big Tech AI strategy, competition concerns, regulation
Just_super | E+ | Getty Images Big technology companies are consuming as much data as possible to become winners in artificial intelligence — but that’s not necessarily what will define…
Oil prices fall more than 1% as market softens on rising inventories
ENSCO-72 drilling rig working in Poole Bay for Corallian Energy in Poole Bay, England, on Feb. 15, 2019. Finnbarr Webster | Getty Images News | Getty Images Crude oil futures…
Companies from McDonald’s to 3M warn inflation is squeezing consumers
McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices…
How generative, ChatGPT-like AI is accelerating humanoid robots
Shenzhen-based LimX Dynamics shows off one of its humanoid robots. Limx Dynamics BEIJING — ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China,…
RDDT, LYFT, RIVN and more
Check out the companies making headlines in after-hours trading. Reddit — The social media stock popped nearly 18% on the back of a better-than-expected quarterly earnings in its first report…