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The Business section of 1 NEWS DAY provides a comprehensive look at the forces driving the global economy. From the boardrooms of multinational corporations to the agile offices of emerging startups, we track the strategies, leadership, and market shifts that define success in the modern commercial landscape. Our goal is to provide actionable insights for professionals, investors, and entrepreneurs alike.
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HONG KONG — Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerabilities…
Medicaid coverage will end for millions of Americans in the coming months, and it will push many into unfamiliar territory: the health insurance marketplace. States will start cutting people from the government-funded plans when they no longer qualify based on…
Wall Street fell again, part of a worldwide swoon for stocks as worries about the economy pile higher. The S&P 500 fell 0.7% Wednesday after House Speaker Kevin McCarthy said Republicans and Democrats remain far apart in efforts to prevent…
Stocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 closed with a decline of 0.7%. The Dow posted a slightly steeper drop, while the Nasdaq…
Stocks ended mixed on Wall Street after drifting between gains and losses as more big U.S. companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading…
Wall Street’s building mania around artificial intelligence helped lift the market, even as worries worsen about political rancor in Washington. The S&P 500 rose 0.9% Thursday after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from…
Stocks drifted to a mixed close as Wall Street waited to see whether a pivotal meeting later in the day will help the U.S. government avoid a potentially disastrous default on its debt. The S&P 500 closed little changed Monday.…
Stocks closed higher on Wall Street as investors grow more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepare to report their latest results. This week Microsoft, Tesla and Boeing…
Stocks rose on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence. The S&P 500 rose 1.3% Friday, and the Nasdaq rose 2.2%. The Dow added 1%. Marvell Technology jumped…
Stocks closed higher on Wall Street following a batch of mixed news on the economy. The S&P 500 rose 0.6% Friday. The benchmark index still wound up with its third weekly loss in a row. A key measure of inflation…