Latest Business News
Australia news live: McCarthy welcomes ‘milestone’ as one Closing the Gap target reached; three dead in Sydney house fire
Early childhood education enrolment for First Nations children reaches 95% across the country. Follow updates liveGet our breaking news email, free app or daily news podcastTrust among Australians drops to...
Todd Blanche attorney general nomination on edge as Cornyn questions Trump-IRS settlement
Sen. John Cornyn says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
Meta misses earnings forecasts after Zuckerberg media push to promote AI
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AIMeta chief executive Mark Zuckerberg’s media spree touting the positive impacts of artificial intelligence did...
Meta's stock plunges almost 10% on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.
Carvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations
Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
Fed holds interest rates steady despite Trump’s renewed calls to lower them
Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up againThe US Federal Reserve held interest rates steady on Wednesday in a divided...
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
Gundlach said the divergent moves across the Treasury curve showed investors' skepticism that the Fed will ultimately follow through.
Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
Microsoft's backlog sat 8% taller than the previous quarter, mainly thanks to contributions from customers other than large artificial intelligence companies.
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
Sam Altman to meet with White House's Wiles this week ahead of AI framework deadline
OpenAI CEO Sam Altman is meeting with a range of senior Trump administration officials, lawmakers and economists.