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Infosys meets earnings estimate as sales edge past consensus

Indian outsourcing giant Infosys reported growing profits as it forecast a slight pickup in sales growth for the year.

Slowdown in U.K. jobs market could pave way for BoE interest rate cut, Deutsche Bank says

The Office for National Statistics data shows a slowdown in the U.K.’s labor market that could see the Bank of England cut interest rates at its upcoming meeting on August 1

Nokia shares slump after sales miss, cautious commentary

Nokia shares slumped on Thursday as the Finnish telecom equipment maker reported challenging conditions in mobile networks as well as cloud and network services.

My daughter died without a will, but her undocumented husband refuses to claim her estate. What can we do?

“How do I collect it as her next of kin if her husband is refusing to collect his inheritance?”

Hedge funds that try to avoid pain just saw their worst day in nearly two years

Managers with long/short strategies — i.e., funds that combine bets that companies will appreciate in value with bets that others will decline — had their worst single day of trade since the fourth quarter of 2022.

Check out this cool surfer beach house in Malibu that actor Jonah Hill just listed $16.7 million

The beach is just steps away from this charming and discreet Malibu escape featuring lush landscaping and ocean breezes.

Treasury yields move higher after better U.S. economic data

Treasury yields nudged higher early Thursday as traders continued to absorb some slightly stronger than expected U.S. economic data and more cautious comments on interest rate cuts from Federal Reserve officials.

Another $1.2 billion in student-debt cancellation approved by Biden administration

Roughly 35,000 borrowers will have $1.2 billion in student debt cancelled, the Biden administration announced Thursday.

TSMC beats forecasts on demand for AI-related chips

TSMC reported a sharp increase in its profits and revenue as its business was bolstered by surging demand for its most advanced microchips

Novartis lifts guidance again as demand climbs for top drugs

Novartis has boosted its 2024 outlook for a second time this year, thanks to strong sales for some of its biggest drugs used to treat heart failure and other ailments.

J.D. Vance blasts ‘Wall Street barons’ and Biden in GOP convention speech

Republican vice presidential nominee J.D. Vance speaks Wednesday night at the GOP convention in Milwaukee.

Japan’s exports rise for seventh straight month in June

Japan’s exports rose for a seventh straight month in June backed by solid demand for chip-making machines, nonferrous metals and plastics, Ministry of Finance data showed Thursday.
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