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CME Group Inc. (NASDAQ: CME), which operates derivatives exchanges, on Wednesday reported financial results for the third quarter of fiscal 2025. The company reported Q3 revenue of $1.54 billion, vs. $1.58 billion in the year-ago quarter Clearing and Transaction Fees revenue totaled $1.2 billion in Q3; Market Data revenue totaled a record $203 million Operating income was … Read more
CEOs aren’t shying away from what labor market experts have been saying for months: AI is transforming the workforce. From bankers to consulting firms, business leaders are restructuring rapidly as AI adoption becomes mission critical. CEOs of global companies expect AI investments to more than double in two years, and 61% are actively adopting AI … Read more
Meta CEO Mark Zuckerberg said the structure of his core Superintelligence team looks very different from the rest of corporate America’s. Instead of operating with byzantine org charts and layers of bureaucracy, the AI experts at TBD Lab, the core team at Meta Superintelligence Labs, has a “very flat” leadership structure. It’s actually more of … Read more
U.S. stocks opened largely flat on Friday after surging to a new all-time high in the previous session, with Wall Street’s attention now firmly on the upcoming Federal Reserve meeting. Summary Stocks were little changed on Friday after outperforming on Thursday to extend weekly gains. Investors are now awaiting the highly-anticipated Federal Reserve interest rates … Read more
Smart watches and other gizmos that track your health and fitness were all the rage. Now, their popularity has cooled off and sales are flat or even declining—except for one category, which has doubled. That’s according to Tom Hale, who leads the smart ring firm Oura, whose flagship $349 Ring 4 device is enjoying a … Read more
The U.S. job market has gone from healthy to lethargic during President Donald Trump’s first seven months back in the White House, as hiring has collapsed and inflation has started to climb once again as his tariffs take hold. Friday’s jobs report showed employers added a mere 22,000 jobs in August, as the unemployment rate ticked … Read more
Italy — a perennial favorite of the rich and famous — is attracting a new wave of ultra-wealthy arrivals looking to take advantage of its investor friendly environment, thriving real estate market and low tax regime. As many other countries clamp down on the super-rich, Italy has been bucking the trend; its accommodative flat-tax regime … Read more
NEWYou can now listen to Fox News articles! Firefighters battling the Oregon Flat Fire, which has so far torched nearly 22,000 acres, could face setbacks if the latest weather conditions shift, officials cautioned Monday. The raging blaze, which is only 5% contained, has destroyed homes and buildings. Thousands of families have been forced to evacuate. … Read more
Robomart, a startup that builds self-driving deliver robots, is unveiling its latest robot with an ambitious goal of using it to make on-demand delivery profitable. The Los Angeles-based company announced its patented Robomart RM5 on Monday. The level-four autonomous vehicle can carry up to 500 pounds and is made up of 10 individual lockers that … Read more
Starbucks will provide a flat 2% pay bump to all salaried employees in North America this year as the coffee chain looks to minimize costs as part of CEO Brian Niccol’s turnaround efforts. Under Niccol’s leadership, Starbucks has required some remote workers to relocate to its headquarters and tightened return-to-office policies for corporate employees. The … Read more
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