How Blackstone celebrated S&P 500 inclusion
Blackstone CEO Steve Schwarzman joined the firm's employees in celebrating a a prestigious milestone for the private equity giant.
President Biden warns UN to 'make sure' AI does not ‘govern us’
President Biden said at the U.N. General Assembly Tuesday that the world needs to work to prevent artificial intelligence from governing us all.
Oil spikes above $91 on supply concerns
The price of WTI and Brent crude oil continues to rise as Wall Street traders eye a deeper supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.
Novo Nordisk shares fall after media report on quality lapses at US plant
Novo Nordisk, a pharmaceutical company, experienced a decline in its stock prices following a report by financial news agency MarketWire.
Recession could hit in October if unemployment rises slightly: mathematical model
If the unemployment rate rises slightly this month, it could mean a recession in October, according to a mathematical model that correctly signaled the 2020 recession. But economists are split about the likelihood of a recession this year. Here’s what you need to know.
US aims to make 100k artillery shells monthly by 2025 amid production challenges
The U.S. is aiming to increase production of 155 mm artillery shells that are in high demand due to the war in Ukraine, which has eaten into U.S. and NATO munitions stockpiles.
Taco Bell employee in hot water after customer makes disturbing find on bank statement: police
Police in Oregon, Ohio, arrested Taco Bell employee Trevell Mosby on allegations that he made fraudulent transactions on fast-food customers' credit cards.
Fed unlikely to raise interest rates in November due to ‘better news on inflation,’ Goldman Sachs predicts
Strategists with Goldman Sachs projected that the Federal Reserve wouldn't raise interest rates at its Oct. 31-Nov. 1 meeting, predicting that inflation would go down.
Planet Fitness ousts CEO, shares slide
Planet Fitness said on Friday it is replacing chief executive Chris Rondeau replacing him with board member and former New Hampshire Gov. Craig Benson.
Workers, leaders want to learn about AI but may exaggerate their knowledge, study finds
A survey from Canva found that more than one in five workers have exaggerated their knowledge of AI while more than one in three senior leaders have done the same in work or personal settings.
Johnson & Johnson ditching script logo after 130 years
Johnson & Johnson announced that it's ditching the classic cursive script it has used for 130 years in favor of a revamped logo that pays homage to the old design.
Exiled Iranian prince criticizes Biden admin's prisoner swap deal: A 'slap' in the face
Reza Pahlavi, son of Iran's last shah, argues the Biden administration's negotiation will "further finance the regime's proxies," and does not serve the interests of Iranians.
Taiwan lashes out at Elon Musk over claim that self-governed island is an ‘integral part of China’
Taiwan's minister of foreign affairs lashed out at billionaire Elon Musk on Wednesday after the X owner described Taiwan as an "integral part of China."
Luxury cruise ship freed in Greenland after 3 on board test positive for COVID-19
A luxury cruise ship that ran aground in Greenland on Monday has been freed with the assistance of a fishing vessel after three people aboard tested positive for COVID-19.
British soccer legend Harry Kane joins Fanatics as first-ever UK memorabilia partner
England's soccer captain, Harry Kane, who is the all-time goalscorer for the Tottenham Hotspurs, has signed on with Fanatics as its first-ever United Kingdom memorabilia partner.
JPMorgan says S&P 500 is overvalued
Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.
Luxury cruise ship with 206 passengers runs aground in Greenland
A luxury cruise ship ran aground in a national park in Greenland on Monday, stranding 206 passengers and crew, with the nearest Danish navy vessel days away.
American Airlines, Spirit lower guidance on higher fuel costs
U.S. air carriers like and American Airlines and Spirit Airlines are cutting their third-quarter profit forecasts due to rising fuel costs and other expenses.
FDA advisory panel says widely used decongestant considered ineffective
An advisory panel for the U.S. Food and Drug Administration decided Tuesday an ingredient widely used in nasal decongestants doesn't work any better than a placebo pill.
China risks should get disclosed by large US companies, says former SEC chair
Former SEC chair Jay Clayton told the House Select Committee on the Chinese Communist Party that U.S. businesses should start disclosing their exposure to China for investors' benefit.



















