KLA Corp., one of the largest makers of semiconductor manufacturing equipment, gave a strong revenue forecast for the current period, signaling that the chip industry may be nearing a recovery.
The factory-building boom under way across the US played a key part in driving an unexpected acceleration of the economy in the second quarter.
A sweeping overhaul of bank capital rules proposed by regulators includes changes to requirements for residential mortgages that will likely inflame criticism that the measures push home-ownership beyond the reach of first-time or minority borrowers.
As Donald Trump’s lawyers were bracing for the former president to be indicted over attempts to overturn the result of the 2020 election, a court official announced there will be no new indictments on Thursday from a federal grand jury in Washington hearing evidence on the case.
While ads for Wanda are lighting up the perimeter of soccer matches at the FIFA Women’s World Cup in Australia and New Zealand, creditors for the Chinese conglomerate are grappling with the firm’s financial troubles off the pitch.
Ukraine kicked off a long-awaited armored assault on Russian fortifications in a counteroffensive thrust potentially aimed at severing Moscow’s land link to occupied Crimea. President Volodymyr Zelenskiy posted a video on Telegram saying that Ukrainian troops reclaimed the village of Staromaiorske in the Donetsk region.
Oil rose to the highest since April as signs of economic strength in the US improved the outlook for demand, outweighing concerns about a price correction based on technical factors.
Foreign-exchange traders are tuning out calls that the Mexican peso is overvalued, leaving the currency poised to test whether it can push past this year’s high as the surprising resilience of the US economy eases concerns about a recession.
White House Press Secretary Karine Jean-Pierre ruled out any possibility that President Joe Biden will pardon his son Hunter Biden, who is facing tax and gun charges.
DoorDash Inc., the US food-delivery service that competes with Uber Technologies Inc. and GrubHub, is looking to speed up ordering and help customers find food options with an artificial intelligence-based chatbot.
