Finance

Retailer Reformation opens flat in NYSE debut as CEO says company is ‘ready to scale’

Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol “REF.”Retailer Reformation made its IPO...

50

UEFA threatens World Cup boycott over FIFA private equity investment plan

FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.FIFA has faced backlash from global soccer...

59

OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs

The company is facing pressure to cater to a more cost-sensitive customer base.The company is facing pressure to cater to a more...

51

AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say

Leopold Aschenbrenner’s hedge fund has sold all of its public stock holdings, according to people familiar with the matter.Leopold Aschenbrenner’s hedge fund...

58

Amazon on deck to report earnings after the bell with cloud, capex in focus

Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging...

48

U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.While the...

53

Here’s what changed in the second Fed statement under Warsh

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June.This is a comparison of Wednesday’s Federal...

53