The Latest Breaking News on Business

Billionaire hedge fund manager Kenneth Griffin is warning that a combination of persistent inflation and rising concerns over U.S. sovereign risk is driving investors to seek shelter in alternative assets like gold and cryptocurrencies.

DTE Energy is expected to announce its third-quarter results in the upcoming weeks, and analysts expect a low single-digit drop in earnings.

AMD and OpenAI have announced a multibillion-dollar partnership to collaborate on AI data centers powered by AMD chips.

Lucid delivered a record 4,078 vehicles in the third quarter, helped by expiring EV tax credits and the new Gravity SUV.

The right travel credit card can save money and reduce stress while traveling. Here are five must-know benefits to use if the need arises.

Middle-class Americans are becoming millionaires via home equity and retirement savings, but rising costs mean $1M no longer guarantees financial security.

After a challenging period marked by shifting consumer behaviors and supply chain disruptions, the sportswear industry is witnessing a resurgence in demand, offering a glimpse of optimism for major players. This renewed momentum sets the stage for a closer examination of Nike, Inc.'s (NYSE:NKE) recent financial performance and strategic decisions.

Plus, cotton futures are languishing and what the U.S. government shutdown means for grains futures traders.

Shifting consumer habits are reshaping the retail landscape, as spending patterns reveal unexpected winners and laggards in the marketplace. JPMorgan analyst Matthew R. Boss downgraded Abercrombie Fitch Company (NYSE:ANF) and Bath Body Works, Inc. (NYSE:BBWI) following its recent fieldwork and intra-quarter management access.