A trader works on the floor of the New York Stock Exchange. NYSEStock futures were slightly lower on Wednesday evening as investors grew less wary of eye-watering AI valuations and were encouraged by the tone of a Supreme Court hearing on President Donald Trump’s sweeping tariffs.S&P 500 futures ticked down 0.2%, while Nasdaq 100 futures fell about 0.3%. Futures tied to the Dow Jones Industrial Average slipped 62 points, or 0.1%.Investors increasingly expect the Supreme Court to rule against the Trump administration’s aggressive trade policy after high court justices on Wednesday expressed some skepticism about the trade taxes’ legality at…
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The US Supreme Court in Washington, DC, US, on Monday, Oct. 6, 2025. Graeme Sloan | Bloomberg | Getty Images The U.S. Supreme Court on Wednesday heard a case on the Trump administration’s “reciprocal” tariffs, and both liberal and conservative judges appeared skeptical of the legal basis of those tariffs.Following the hearing, traders on the prediction market Polymarket think there’s only a 26% chance that Trump’s tariffs will hold, down from roughly 50% a day ago.Markets rose after the hearing, with major U.S. indexes rebounding from Tuesday’s losses. Still, the end of tariffs wouldn’t be an unequivocal win for stocks.If…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailStephen Yalof, Tanger president and CEO, joins ‘Fast Money’ to talk consumer trends, the state of retail, what to expect out of the holidays and more. Source link
Dr. Sidrah Nisar was both excited and overwhelmed to land a $125,000 salary right out of veterinary school in 2019.”I had more money than I could handle,” she tells CNBC Make It.Little did she know, she would soon be more than doubling that annual income by switching from full-time positions to contract work as a relief vet. Nisar’s sister, who’s also a vet, introduced her to an app called Roo that connects vets to clinics in need of coverage. Nisar started picking up shifts through Roo in May 2023 and left her full-time job in September of that year.”I love being…
Qatar Airways logo is seen on a plane model.Nurphoto | Nurphoto | Getty ImagesState-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years.Cathay said late on Wednesday that the Doha-based carrier had approached it about selling its entire 9.7% stake, and it would repurchase the shareholding through a buyback at HK$10.8374 per share, roughly a 4% discount to its last closing share price.The Gulf carrier had bought the stake in November 2017 from Hong Kong’s Kingboard Chemical Holdings, making it the third-largest shareholder in Cathay after Swire Pacific and Air China.It was Qatar Airways’ first major investment in an Asian airline and was…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailStephen Yalof, Tanger president and CEO, joins ‘Fast Money’ to talk consumer trends, the state of retail, what to expect out of the holidays and more. Source link
Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new contract in New York City, on October 28, 2025. The Starbucks Workers United is fighting for a new contract that delivers improved staffing hours, take-home pay, and on-the-job protections for baristas. (Photo by TIMOTHY A.CLARY / AFP) (Photo by TIMOTHY A.CLARY/AFP via Getty Images) Timothy A.clary | Afp | Getty ImagesStarbucks Workers United has authorized an open-ended strike that could begin on Red Cup Day, one of the coffee chain’s biggest sales days of the year, the union announced Wednesday.The…
Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025.Soeren Stache | Picture Alliance | Getty ImagesMicrosoft is giving employees a way to raise concerns about the uses of its technology after controversy emerged over the company’s work in the Middle East. An internal portal for Microsoft’s 200,000-plus workers now includes an option to request a “Trusted Technology Review,” Brad Smith, the company’s president, wrote in a memo that was disclosed…
A Pony.ai autonomous car.Pony.aiChina’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong.Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in their initial public offerings.The companies are striving to keep pace with larger competitors such as Baidu’s Apollo Go in China and Alphabet’s Waymo in the U.S. amid growing interest in autonomous technologies. Pony.ai and WeRide, both headquartered in Guangzhou, China, stated that funds would go toward scaling efforts,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyEvan David Seigerman, BMO, joins ‘Fast Money’ to talk bidding wars in the pharma space, Novo Nordisk dropping on earnings, and more.04:302 hours ago Source link
