91% of CEOs see tougher recession: KPMG
Recessionary fears are top of mind for the nation's CEOs, many of whom are positioning their businesses for a sharper downturn.
Viasat to sell military communications unit to L3Harris for nearly $2B
Viasat's Link 16 Tactical Data Links product line consists of 450 employees and generates approximately $400M in annual sales. The deal is expected to close in the first half of 2023.
Market strategist Brian Belski predicts 'massively bearish' investors can expect a market rebound in 2023
Market strategist Brian Belski shared his market predictions for the upcoming two years on 'Varney & Co.' Monday, saying the market will rebound in 2023.
Jobs data, Elon Musk's rescheduled Twitter deposition, Levi Strauss earnings top week ahead
FOX Business takes a look at the upcoming events likely to shake financial markets in the coming days, including earnings reports from Conagra and Levi's.
Moderna turns down China request for vaccine technology: report
Moderna has so far refused to make a deal for its COVID-19 vaccine with China, due to Beijing wanting the intellectual property behind it.
October's record of market crashes makes it most feared month on financial calendar: 'October effect'
The "October effect" has historically garnered fears that fall's first full month will be bad for markets, having historically seen some of the country's largest crashes.
Cruise stocks sink as Carnival misses Wall Street earnings expectations, warns of Q4 loss
During the third quarter, cruise line operator Carnival narrowed its net loss to $770 million from more than $2.8 billion. Revenue sailed to $4.305 billion.from $546 million.
Rite Aid exec: Impossible to stop NYC store thefts
Rite Aid's chief retail officer addressed the difficulty facing the chain's NYC stories concerning shoplifting.
Nike shares fall, ALS drug approved and more: Friday's 5 things to know
Traders will be watching how Nike shares move after following quarterly results. They'll also be eyeing the latest income and spending numbers from the Commerce Department on Friday.
House passes antitrust bill targeting Big Tech
The House passed a bipartisan antitrust measure giving states greater power concerning tech company issues.
US stock market is tanking, but some experts say it's time to buy the dip
Wells Fargo strategists said this week that the stock market has dropped enough to price in bad news, making it an opportune time for investors to buy.
Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum
Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.
Growing homebuyer reluctance could bring down real estate prices: Robert Shiller
Yale University Sterling professor of economics Robert Shiller provides expert analysis of the volatile real estate market as mortgage rates skyrocket.
Bed Bath & Beyond touts turnaround as losses widen
Bed Bath & Beyond provides a key update on sales, liquidity and how it plans to accelerate its turnaround.
House unlikely to vote on congressional stock trade ban before midterms
House Majority Leader Steny Hoyer told Punchbowl News that a vote on a congressional stock ban bill is not likely to happen this week, the last chance before the midterms.
Amazon to raise average hourly pay in October
Amazon is preparing for a busy October and holiday shopping season, boosting hourly pay in order to attract more workers.
Hurricane Ian impact: Major cell phone carriers working to provide service to Florida customers
Communication is crucial during hurricanes and major disasters. AT&T, Verizon and T-Mobile are aiding people in Florida impacted by Hurricane Ian by helping them maintain service.
Biogen shares soar on Alzheimer's drug developments
A study found that Biogen's Alzheimer's drug lecanemab reduced cognitive and functional decline by 27% compared to a placebo over an 18-month period.
House Democrats introduce bill to ban lawmakers and their families from trading stock
House Democrats are trying to crack down on conflicts of interest. They introduced a bill to ban members of Congress, Supreme Court justices, the president and more from trading stocks.
Larry Summers slams UK tax cuts as 'utterly irresponsible,' warns of global crisis
The British government's sweeping package of tax cuts has damaged the nation's credibility as an economic superpower, Treasury Secretary Larry Summers said.



















