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Latest News: Markets

Ridesharing giants Uber and Lyft are stepping in after Tesla's “toothless taxi” fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland on January 6, 2024. Klaudia Radecka | Photo only | Getty Images TeslaThe hyped robotaxi reveal posed a threat AboveThe company's ride-sharing ambitions have instead turned into a boon…

Berkshire reduces Bank of America stake to less than 10%

Warren Buffett takes the floor before Berkshire Hathaway's annual shareholder meeting on May 3, 2024 in Omaha, Nebraska. David A. Grogen | CNBC Warren Buffett's Berkshire Hathaway has cut its stake in Bank of America to below 10% in a…

Tesla (TSLA) stock falls premarket after unveiling its Cybercab robotaxis

Tesla will unveil its “Cybercab” on October 10, 2024 in Burbank, California. Shares of the electric vehicle manufacturer Tesla fell after the company's long-awaited robotaxi event, where CEO Elon Musk unveiled the company's Cybercab self-driving concept car, failed to impress…

Stock market today: live updates

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Shares fell on Thursday, with the S&P 500 and the Dow Jones Industrial Average fell from…

Prices are falling as the recent rally takes a breather

Crude oil futures fell more than 4% on Tuesday as the rally sparked by heightened geopolitical risk paused as the market waited for Israel to strike back against Iran. “Oil prices can only continue to rise for so long, based…

Japanese wage data, Chinese markets

A customer watches the stock market at an exchange in Hangzhou, China, on September 27, 2024. Cost photo | Photo only | Getty Images SINGAPORE – The rally in Chinese markets lost steam on Tuesday after a briefing by the…

Oil prices rise as the market waits for an Israeli attack on Iran

U.S. crude oil rose more than 3% on Monday as the market waited for Israel to attack Iran. Oil prices surged last week on fears that Israel could attack Iran's oil industry in retaliation for the ballistic missile attack in…

Stock market today: live updates

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images U.S. stocks rallied on Friday after key jobs data came in much stronger than economists expected….

The workers agree to a preliminary agreement on wages and contract extensions

An aerial view of the Dundalk Marine Terminal on October 3, 2024 in Baltimore, Maryland. Anna Moneymaker | Getty Images A major U.S. longshoremen union and the United States Maritime Alliance have agreed to a tentative wage agreement and extended…

WTI rises as Biden comments on Middle East risk

U.S. crude oil prices rose more than 4% on Thursday, posting gains for the third straight day, on fears that Israel could attack Iran's oil industry in retaliation for this week's ballistic missile attack in Tehran. President Joe Biden was…