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Traders work on the floor of the New York Stock Exchange. NYSEStock futures were hovering near the flatline night ahead of crucial inflation data.Futures tied to the Dow Jones Industrial Average added 18 points, or 0.04%. S&P futures rose 0.06%, while the Nasdaq 100 futures ticked up 0.05%.Investors are awaiting the release of August’s personal consumption expenditures price index out Friday, as the release is widely known to be the Federal Reserve’s preferred inflation measure. Economists expect the print to reflect an uptick in inflation and markets continue to price in two quarter-point rate cuts at the Fed’s upcoming meetings,…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | Getty ImagesA federal judge on Thursday preliminarily approved Anthropic’s offer to pay $1.5 billion to settle a class action lawsuit with a group of authors, in what will be the largest publicly reported copyright recovery in history.The lawsuit, filed in the U.S. District Court for the Northern District of California, was brought last year by authors Andrea Bartz, Charles Graeber and Kirk Wallace Johnson. It alleged that Anthropic illegally downloaded books from pirated databases like Library Genesis and Pirate Library…
U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City.Chip Somodevilla | Getty ImagesShale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the future of the industry that turned the U.S. into the largest crude producer in the world.The executives’ anonymous comments were published in a quarterly survey of oil and gas companies by the Federal Reserve Bank of Dallas this week. The 139 companies that responded operate predominantly in…
The US and Turkey have signed an agreement to begin cooperation on strategic civil nuclear energy development, Turkish Energy Minister Alparslan Bayraktar announced after leaving the White House on Thursday. US President Donald Trump had earlier teased a “major announcement” after meeting with his Turkish counterpart. The move is a win for Ankara, given President Recep Tayyip Erdogan was not a popular figure in Washington under the previous Democratic administration. Two former US officials told Middle East Eye earlier this week that Trump planned to discuss nuclear power and mineral deals with Erdogan. “We have started a new process that will…
Our football betting expert and top tipster Jones Knows provides his insight across the Premier League, sharing his best bets and predictions. Brentford vs Manchester United, Saturday 12.30pmFootball loves a storyline and sometimes spotting a potential one can lead to some profitable betting decisions. This fixture has it written all over it. I’m looking straight at the Bryan Mbeumo to score price and getting involved at 2/1 with Sky Bet. It’s a selection where football’s emotion meets football’s logic. A case of the ex. Football fans have seen it before. A player goes back to his old stomping ground, a…
Jack Antonoff speaks on stage at “Up Close & Personal” In My Studio With…Jack Antonoff at The Village Recording Studio on Aug. 11, 2025 in Los Angeles, California.Unique Nicole | Getty ImagesAcclaimed music producer Jack Antonoff is rejecting claims by Live Nation Entertainment CEO Michael Rapino that concert tickets are still “underpriced.”The CEO’s comments came at the CNBC Sport and Boardroom Game Plan conference last week, when he said, “In sports, I joke it’s like a badge of honor to spend [$70,000] for Knicks courtside. … When you read about the ticket prices going up, it’s still an average concert…
Famous for its inflation-proof hot dog and soda combo, Costco is known on Wall Street as a reliable stock with steady growth.Fueled by solid sales, a successful business model built on paid memberships and regular dividends, Costco share prices have nearly tripled over the past five years, for a total return on investment of 188%, including reinvested dividends. In comparison, the S&P 500 index, which is a measure of the broad U.S. stock market, has seen a total return of 100% over the same time period.Its popularity may come with a cost, however. Costco shares trade at a premium compared…
Muhammed Selim Korkutata | Anadolu | Getty ImagesPresident Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion.The deal satisfies the requirements of a national security law requiring China-based ByteDance to sell TikTok’s U.S. operations or face an effective ban in the country, according to the executive order. Under the terms, which China must still approve, a new joint-venture company will oversee TikTok’s U.S. business, with ByteDance retaining less than a 20% stake.Enterprise tech giant Oracle,…
Costco on Thursday topped Wall Street’s expectations for quarterly earnings and revenue as the warehouse club posted double-digit gains in both membership income and its e-commerce business.Unlike many other retailers, the company does not share an annual outlook.On the company’s earnings call, CFO Gary Millerchip said the retailer has worked hard to offset higher tariff costs. In some cases, it has introduced new items from its Kirkland Signature private-label brand as alternatives to goods hit by tariffs, he said. About a third of Costco’s U.S. sales come from imported goods.Costco is also changing its merchandise assortment in some cases, he…
Earlier this week, several European countries – including Britain and its settler colonies Canada and Australia, though with the notable exception of the United States – recognised a non-existent “State of Palestine”, to be ruled by the unelected, collaborationist quisling regime of the Palestinian Authority (PA) and its head, Mahmoud Abbas. This was not the first time Britain recognised Palestinian collaborators to speak for the people. That practice began as soon as it conquered and colonised Palestine at the end of 1917.Following the issuance of the Balfour Declaration in November and the British military conquest of Palestine in December of…