Fox Business Flash top headlines for October 15 Check out what’s clicking on FoxBusiness.com. Federal Reserve Chairman Jerome Powell’s chances for a second term leading the central bank so far have been dented but not derailed by a reputational crisis…
Read MoreMorgan Stanley Q3 Profit Rises 36%
Financial services firm Morgan Stanley (MS) reported Thursday a profit for the third quarter that increased 36 percent from last year, reflecting 26 percent revenue growth amidst strength across all business segments and regions. “We had standout performance of our…
Read MoreBillionaire supermarket owner warns higher prices will stick around ‘at least until mid-2022’
Billionaire supermarket owner breaks down why higher oil prices leads to price hikes for food John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, argues higher prices will stick around until at least the middle…
Read MoreStrike looms as John Deere, UAW can't reach deal
Fox Business Flash top headlines for October 12 Check out what’s clicking on FoxBusiness.com. United Auto Workers union members appear to be heading closer to a strike Tuesday after rejecting a contract offer from Deere & Co. over the weekend…
Read MoreLockdown boom for online giants as bricks and mortar stores lag
For our free coronavirus pandemic coverage, learn more here. Consumers in Sydney and Melbourne have ramped up spending at ‘pure play’ digital retailers such as Amazon and eBay during the 2021 lockdowns, leaving traditional bricks and mortar department stores with…
Read MoreNirmala embarks on week-long U.S. visit to attend G-20, World Bank meetings
She will attend the FMCBG which is expected to ratify the global tax deal. Finance Minister Nirmala Sitharaman has embarked on a week-long U.S. trip to attend the annual meet of the World Bank and IMF as well as G20…
Read MoreBeyond Evergrande, China’s property market faces a $5 trillion reckoning
Evergrande ‘scrambling’ to pull together cash it needs: Geopolitical strategist BCA Research geopolitical strategist Matt Gertken reacts to reports that Evergrande is set to sell its $1.5 billion stake in a Chinese bank. China Evergrande Group, the embattled property developer, is…
Read MoreHow Barstool's David Portnoy spends his millions
Barstool’s Portnoy: Bitcoin ‘is not going anywhere’ Barstool Sports founder Dave Portnoy discusses his investments, weighs in on social media and responds to JPMorgan Chase CEO Jamie Dimon reportedly saying bitcoin is ‘a little bit of fool’s gold.’ Barstool Sports…
Read MoreYellen doubles down on need for global minimum tax and eliminating debt ceiling
Nancy Lazar breaks down September jobs report Co-founder and chief economist of Cornerstone Macro Nancy Lazar discusses plunging unemployment rate on ‘Maria Bartiromo’s Wall Street’ Treasury Secretary Janet Yellen has reiterated support for the global minimum tax as Congress continues…
Read MoreChina Service Sector Recovers In September
China’s service sector recovered in September with renewed and strong increases in both new work and output, survey results from IHS Markit showed on Friday. The Caixin services Purchasing Managers’ Index rose to 53.4 in September from 46.7 in August….
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