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Credit Agricole (OTC:) highlighted an unusual divergence in the financial markets on Wednesday. Despite US 2-year rates and 10-year yields hitting their highest levels since 2006/2007,…
By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration on Wednesday announced $3.5 billion in grants for projects to protect the aging U.S. power grid from…
© Reuters. Microsoft (NASDAQ:), the Xbox owner led by President Brad Smith, has completed its $69 billion acquisition of Activision Blizzard (NASDAQ:), the producer of popular…
The numbers: U.S. mortgage rates rose for the sixth week in a row with the 30-year mortgage rate hitting its highest level since November 2000. The…
Nvidia Corp. NVDA, -3.96% said late Tuesday a widened U.S. ban on AI tech products to China could delay its current rollout, but did not foresee…
Oil prices settled Wednesday at their highest in more than two weeks, following a blast at a hospital in Gaza City that left hundreds dead and ratcheted…
Delta Air Lines is easing off some recent changes to its SkyMiles loyalty program that sparked criticism from frequent flyers. The changes are aimed at the…
Google cut dozens of jobs in its news division this week, CNBC has learned, downsizing at a particularly sensitive time for online platforms and publishers. An…
Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant soared 12% after beating Wall Street’s expectations for profits in…
Technology projects often end in disappointment, and in some cases, they lead to significant financial losses for the companies that undertake them. The statistics are grim:…