The number of homes that sold for $10 million or more in the second quarter jumped 44% in Palm Beach and 16% in New York, according to Knight Frank.
Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
These are the stocks posting the largest moves in the premarket.
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.
Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, according to its website Monday.
China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall
China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.