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Meta shares fall as frustration grows over AI spending plans
Business

Meta shares fall as frustration grows over AI spending plans

Image source, ReutersImage caption, Meta CEO Mark Zuckerberg has turned the company into a major spender on AI.ByKali Ha...

CitrixNews Staff · 2 months ago
Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision
Business

Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision

The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.

CitrixNews Staff · 2 months ago
Fed Holds Rates Steady but Three Officials Back Increase
Business

Fed Holds Rates Steady but Three Officials Back Increase

Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forwa...

CitrixNews Staff · 2 months ago
Carvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations
Business

Carvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations

Shares of Carvana fell drastically during after-hours trading Wednesday after the company reported full-year guidance th...

CitrixNews Staff · 2 months ago
4 Takeaways From the Federal Reserve Meeting
Business

4 Takeaways From the Federal Reserve Meeting

Fed officials held interest rates steady, but they have splintered over how to fight inflation.

CitrixNews Staff · 2 months ago
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Business

Chipotle Mexican Grill is about to report earnings. Here's what to expect

Chipotle Mexican Grill is expected to report its second-quarter earnings after the bell on Wednesday. Here's what W...

CitrixNews Staff · 2 months ago
Starbucks is about to report earnings. Here's what to expect
Business

Starbucks is about to report earnings. Here's what to expect

Starbucks is expected to report its quarterly earnings after the bell on Wednesday. Here's what Wall Street analyst...

CitrixNews Staff · 2 months ago
US interest rates held for fifth time in a row
Business

US interest rates held for fifth time in a row

Image source, Getty ImagesImage caption, Chairman of the Federal Reserve Kevin WarshByMichael RaceBusiness reporter, Rep...

CitrixNews Staff · 2 months ago
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Business

Hims and Hers shares fall 10% as FTC sues company over data, billing practices

Shares of telehealth company Hims & Hers Health fell sharply Wednesday after the Federal Trade Commission sued the c...

CitrixNews Staff · 2 months ago
'We are rescuing unpicked blackberries'
Business

'We are rescuing unpicked blackberries'

'We are rescuing unpicked blackberries'To play this video you need to enable JavaScript in your browser.This v...

CitrixNews Staff · 2 months ago
Charities unable to pay staff after fraud alert
Business

Charities unable to pay staff after fraud alert

Image source, PA MediaImage caption, Many good causes have been left feeling powerless as payday looms ByNathan BevanSou...

CitrixNews Staff · 2 months ago
Investors Are Bracing for Uncertain Fed Announcement
Business

Investors Are Bracing for Uncertain Fed Announcement

The central bank is expected to leave interest rates unchanged, but investors are preparing for a possible surprise.

CitrixNews Staff · 2 months ago
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