: Wheat futures eye first gain in 4 sessions after USDA data
Wheat futures were on track Wednesday to post their first gain in four sessions. Wheat’s supply and demand outlook for the 2022/2023 marketing year is...
: JPMorgan’s Chase to hire 500 bankers to expand small-business relationships
Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co JPM., said it plans to hire more than 500 bankers over the...
The Fed: Fed’s Waller says he’s prepared for ‘longer fight’ against inflation
Getty ImagesFederal Reserve Gov. Christopher Waller said he’s “prepared for a longer fight to get inflation down” and said interest rates need to remain high...
: Gold futures end at their highest in nearly a week
Gold futures ended Wednesday at their highest in nearly a week, up a third straight session. Prices for the precious metal “have continued to edge...
: Bayer’s stock rallies after naming Roche exec as new CEO
U.S.-listed shares of Bayer AG BAYRYHU:BAYER rallied about 5% in trading on Wednesday after the German pharmaceutical company said it named Bill Anderson as its...
: Microsoft heads for $2 trillion market cap after ChatGPT bounce
Microsoft Corp. MSFTwas headed for a $2 trillion market capitalization Wednesday, which would make it only the second U.S. equity at that level, along with...
: Google shares dip 7% on AI Bard announcement
Shares of Alphabet Inc.’s Google GOOGLGOOG dropped more than 7% Wednesday following news about its new AI chatbot, Bard — a day after Microsoft Corp....
: Oil futures up a third consecutive session on expectations for higher demand
Oil futures settled higher for a third session in a row on Wednesday. The Energy Information Administration reported weekly increases in U.S. crude, gasoline and...
Fox projects record Super Bowl ad revenue after World Cup, NFL boosted results
Fox said advertising tied to the World Cup, the NFL and the midterm elections drove the company's fiscal second quarter earnings.