business News

Wall Street rallies as a cut to interest rates next week looks more certain - AP News

Wall Street rolled to more records after mixed data on the economy cemented expectations for coming cuts to interest rates. The S&P 500 rose 0.8% Thursday and set an all-time high for a third straight day. The Dow Jones Industrial Average rallied 1.4%, and th…

OpenAI Needs Data Centers So Much, It Signed a $300B Deal With Oracle - CNET

The ChatGPT maker has a big appetite for expensive data center capacity.

Popular sandwich shop to be bought by gas station chain in $566M deal - MLive.com

The acquisition is expected to help the fast-causal restaurant quadruple its size.

Opendoor brings back its founders and welcomes a new CEO from Shopify—who could earn $2.8 billion if he sends the stock soaring - Fortune

If Kaz Nejatian can clear all the performance hurdles in his compensation package, he’ll own 11.6% of the tech company.

Grocery prices rise at the fastest pace since 2022 as Trump tariffs bite - Axios

On the campaign trail, Trump promised lower grocery prices.

Adobe Earnings Beat Estimates as AI Demand Grows. The Stock Is Rising. - Barron's

The LIRR could shut down next week as contract negotiations break down, strike looms - Gothamist

S&P 500 Gains & Losses Today: Warner Bros. Discovery Stock Soars; Oracle, Netflix Slip - Investopedia

Talk of a possible buyout helped push a pair of media and entertainment stocks higher on Thursday, Sept. 11, 2025, while a software stalwart gave back some of its recent gains.

Adobe Stock Jumps As Creative Software Firm Beats Estimates - Investor's Business Daily

Adobe beat expectations for its fiscal third quarter and guided slightly above views for the current period. Adobe stock rose on the news.

Figure Stock Surges in Trading Debut. The Blockchain Lending Company Is Another Hot IPO. - Barron's

Inflation Ticks Up to 2.9%, but Fed Rate Cut Seems Assured as New Unemployment Claims Surge - Realtor.com

Stocks and bonds are sending very different messages about recession risks - MarketWatch

Will Boeing End Defense Workers Strike With Friday Vote? - Investor's Business Daily

The roughly 3,200 members of Boeing's defense union have been striking since Aug. 4.

MTA's Long Island Rail Road strike plan released as it braces riders for possible work stoppage - CBS News

The Metropolitan Transportation Authority released its plan for commuters if LIRR service is indeed suspended due to a strike.

Galaxy's Novogratz calls it the 'season of SOL', says Solana is tailor made for financial markets - The Block

Galaxy CEO Mike Novogratz called this the “season of SOL,” saying Solana is fast and tailor-made to be the blockchain for financial markets.

Trump administration requests emergency ruling to remove Cook from Fed board - AP News

The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday t…

Stagflation concerns rise with increased inflation and jobless claims - The Washington Post

The consumer price index rose in August at a 2.9 percent annual rate, up from July. Jobless claims rose to the highest level since 2021, as the labor market weakens.

‘He Was Murdered’: Elon Musk Jumps Into Controversy Over OpenAI Whistleblower - Gizmodo

Sam Altman's appearance on Tucker Carlson prompted Musk to weigh in on a whistleblower who died in Nov. 2024.

Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market - Bloomberg.com

The sudden collapse of a Texas subprime car lender is sending shock waves from border-town dealerships all the way to the upper echelons of Wall Street, ensnaring giants including JPMorgan Chase and BlackRock and raising concern that pain in the multibillion-…

Exclusive | Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery - The Wall Street Journal

The majority of the planned bid for Warner will be made up of cash