ByJoseph AdinolfiFollowPublished: Sept. 21, 2024 at 8:00 a.m. ETSeptember is the cruelest month for stocks — but maybe not this year.Photo: MarketWatch photo illustration/iStockphotoReferenced Symbols
SPX
-0.19%
DJIA
0.09%
COMP
-0.36%
USDJPY
-0.13%
VIX
4.52%
In the U.S., the month of September is associated with a lot of things, including the start of school and, more importantly, football season. It’s also known for being a particularly brutal month for the stock market.
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Illustration: Rob & Robin Sep 22nd 2024
FIVE MILLION DOLLARS were on offer to contestants in “Beast Games”, a new game show being made for Amazon’s Prime Video streaming service. Instead, some participants received physical injuries, emotional distress and sexual harassment, according to a complaint filed in a Los Angeles court on September 16th. Amazon and the show’s creator, Jimmy Donaldson, a 26-year-old YouTuber known as MrBeast, have not commented on the lawsuit. But the fiasco has reassured some Hollywood executives that they have little to fear from social-media upstarts.
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Updated Sept 22, 2024, 6:39 pm EDT / Original Sept 22, 2024, 6:32 pm EDT
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Stocks are poised to fall slightly at the open in New York on Monday. (Michael M. Santiago/Getty Images)
Stocks are poised for a slightly lower open on Monday as investors close out the last full week of September awaiting a key inflation report.
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Cristiano Amon’s Qualcomm has asked executives at chip rival Intel if they would be interested in selling.
Credit…Ann Wang/Reuters
By Lauren Hirsch and Don Clark
Sept. 20, 2024
The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential.
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Amazon’s CEO just called everyone back to the office full time. If you thought your two days a week at home were safe, think again.
By Vanessa Fuhrmans, Katherine Bindley Chip Cutter and Tyler Comrie
Sept. 20, 2024 9:00 pm ET
Amazon AMZN 0.91%increase; green up pointing triangle Chief Executive Andy Jassy set CEOs abuzz with envy—and white-collar workers with fear—this week with a surprise memo calling corporate staffers back to the office full time.
Now, long after hybrid work seemed a settled matter at many companies, suddenly both sides are wondering: Who’s next?
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Second wave of remote-controlled explosions in Lebanon emphasises shift in military focus to tackling Hezbollah, Israel’s enemy to the northRoland Oliphant Senior Foreign Correspondent. Jotam Confino in Tel Aviv
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Israel has declared a new phase of war after it was accused of being behind a second wave of remote-controlled explosions in Lebanon.
Source: Bloomberg
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September 18, 2024 at 4:17 PM PDT
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.
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A trader works on the trading floor at the New York Stock Exchange following the Federal Reserve rate announcement on Sept. 18, 2024.
Andrew Kelly | Reuters
U.S. stock futures rose early Thursday as traders digested the Federal Reserve’s earlier decision to lower interest rates by a half percentage yield.
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Michael Race
Business reporter, BBC News
Interest rates are expected to be held at 5% by the Bank of England on Thursday.
The decision at midday comes after it was revealed inflation, which measures the rate UK consumer prices are rising at, remained at 2.2% last month.
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It leads the world in EV adoption, thanks in part to government incentives funded by oil and gas sales.
Updated September 17, 2024 at 2:10 p.m. EDT|Published September 17, 2024 at 1:42 p.m. EDT
Norway is the first country in the world with more electric vehicles than gas-powered cars on the road, according to vehicle registration data the Norwegian road federation, known as OFV, released Tuesday.
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