Category: Top Story

A U.S. federal judge on Wednesday ruled in favor of the Federal Trade Commission in its lawsuit against Amazon (NASDAQ:AMZN), finding that the e-commerce giant violated consumer protection laws in the enrollment of customers for its Prime subscription service. Judge John Chun determined that Amazon breached the Restore Online Shoppers’ Confidence Act by collecting payment…

Novo Nordisk (NYSE:NVO) reported that its experimental Wegovy oral tablet produced substantial weight loss in a late-stage clinical trial, delivering results comparable to its injectable counterpart. The findings were published Wednesday in The New England Journal of Medicine. Shares of Novo Nordisk rose 3% in early trading in Copenhagen on Thursday. The 64-week study involved…

The U.S. dollar moved higher Thursday following volatile trading in the aftermath of the Federal Reserve’s interest rate reduction, while the British pound slipped as investors awaited the Bank of England’s policy announcement. By 04:05 ET (08:05 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, had gained 0.1%…

Gold prices retreated in Thursday’s Asian session, stepping back from recent record levels as the U.S. dollar strengthened following the Federal Reserve’s widely anticipated interest rate cut and its cautious outlook for future policy moves. Spot gold dropped 0.7% to $3,635.55 per ounce by 02:24 ET (06:24 GMT), extending losses of nearly 1% from the…

Oil prices softened in Asian trading on Thursday, retreating after earlier climbs to two-week highs as markets reacted to the Federal Reserve’s interest rate cut and mixed signals from U.S. crude inventory data. Crude had been trending upward this week, driven by ongoing military tensions between Russia and Ukraine, which raised concerns about potential disruptions…

Lyft Inc. (NASDAQ:LYFT) and Waymo have joined forces to introduce autonomous ride-hailing in Nashville in 2026, the companies announced in a press release. The partnership will leverage Lyft’s Flexdrive subsidiary to manage Waymo’s autonomous fleet, covering vehicle maintenance, infrastructure, and depot operations. Initially, passengers will book rides through the Waymo app, with plans to integrate…

Silver has jumped to $42 an ounce, its highest level in 14 years, fueled by record-breaking gold prices and strong investment demand. Following this surge, UBS has upgraded its forecasts for the metal, projecting that silver could reach all-time highs within the next year. The bank now expects silver to trade at $44 an ounce…

Manchester United (NYSE:MANU) on Wednesday revealed its sixth straight annual net loss, coupled with expectations of lower revenue in the current fiscal year, sending shares tumbling nearly 8% in premarket trading. The Premier League club reported a net loss of £33 million ($45 million) for the year ending June 30, an improvement from the £113.2…