Stock market news live updates: Stock futures move lower after relief rally falters

  U.S. stock futures slumped Thursday morning as recession jitters returned to Wall Street spurred by the Bank of England’s bond-buying move. Futures tied to the S&P 500 plummeted 1.1% in the early trade, while those on the Dow Jones Industrial erased 250 points, or around 0.9%. Contracts on the technology-focused Nasdaq Composite barreled down … Read more

Craig Kimbrel falters again in Dodgers’ loss to Padres, leaving his playoff roster prospects in doubt

Even after being demoted from the closer role last week, blew another game for on Tuesday night. The embattled right-hander was far from the only culprit in the at Petco Park, in which shaky defense contributed to the Padres’ first three runs and the Dodgers lineup went one for 17 with runners in scoring position. … Read more

Apple Ditches iPhone Production Increase After Demand Falters

(Bloomberg) — Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter. Most Read from Bloomberg The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the … Read more

Stock market news live updates: Stock resume slide after rebound rally falters

U.S. stocks sank Thursday following a that helped all three major averages log gains of well above 1%. The S&P 500 tumbled 0.8% at the start of trading, while the Dow Jones Industrial Average slid 220 points, or about 0.7%. The technology-heavy Nasdaq Composite led the way down — declining about 0.8%. On Wednesday, the … Read more

FOREX-Aussie, kiwi fall as China’s recovery falters; yuan eases on surprise PBOC rate cut

By Kevin Buckland TOKYO, Aug 15 (Reuters) – The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data from China, a key trading partner, while the Chinese yuan weakened after a surprise cut in interest rates. The greenback edged higher as traders continued to … Read more

Aussie, kiwi fall as China’s recovery falters; yuan eases on surprise PBOC rate cut

By Kevin Buckland TOKYO (Reuters) – The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data from China, a key trading partner, while the Chinese yuan weakened after a surprise cut in interest rates. The greenback edged higher as traders continued to weigh data … Read more

In control early on the mound, Shohei Ohtani falters late as Angels lose to Braves

looked unhittable. Then, with a stunning outburst, the Atlanta Braves showed why they are the and one of the hottest teams in baseball. Ohtani threw six dominant innings, only to surrender homers to Matt Olson and Orlando Arcia in a seven-run seventh that carried the Braves to an over on Friday night. Atlanta resumed its … Read more

As Coinbase falters, Binance.US is waiting in the wings

As the largest publicly traded crypto exchange in the United States, Coinbase has become something of a household name. But as the going gets tough in the crypto markets, the company seems to be fumbling the bag, leaving it vulnerable to competition. Coinbase’s stock price is down nearly 80% from where it started the year … Read more

Stock Market Faces Earnings Shock as Economy Falters

(Bloomberg) — Don’t let optimism among equity analysts fool you: Earnings forecasts are likely to be slashed as spiraling inflation and rising interest rates put the brakes on spending. Most Read from Bloomberg That’s the view from the latest Bloomberg MLIV Pulse survey, with 65% of 629 respondents saying analysts are “behind the curve” factoring … Read more

Dodgers learn Daniel Hudson is out for year, then bullpen falters in loss to Braves

On Saturday afternoon, learned they’d be without set-up man for the rest of the season because of a torn anterior cruciate ligament. Later that night, they were reminded just how much they’ll miss him. After coming back from a three-run deficit earlier in their game against the Atlanta Braves, the Dodgers’ was cemented during a … Read more