Today's Top Story
General Motors overcomes US sales drop and China losses to post 3rd quarter profit of $3 billion
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 billion in net profits last quarter Read More
Business News
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Stock market today: Global shares mostly fall ahead of earnings reports
Global shares are mostly lower in cautious trading ahead of earnings reports around the globe
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Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order
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Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026
The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year
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Economic News
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Stock market today: Global shares mostly fall ahead of earnings reports
Global shares are mostly lower in cautious trading ahead of earnings reports around the globe
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Harris and Trump highlight their economic policies in outreach to Latino voters
Both Kamala Harris and Donald Trump are highlighting their economic policies in their outreach to Latino voters with Election Day just two weeks away
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Kaiser mental health workers go on strike in Southern California over staffing, workloads
More than 2,400 Kaiser Permanente psychologists, therapists, social workers and other mental health workers in Southern California have begun an open-ended strike over increased workloads and staffing shortages
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Money News
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Wealthier Americans are driving retail spending and powering US economy
It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace
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Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike
An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said
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Why you shouldn't store your money in payment apps
More and more people are using payment apps to send and receive money
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