CarMax Inc on Thursday paused share buybacks after reporting an 86% fall in quarterly profit, hurt by waning demand for used cars as inflation-hit consumers reined in discretionary spending.
A senior German official said on Thursday Twitter should join other tech firms in being directly monitored by the European Commission, saying the company's erratic behaviour under new owner Elon Musk posed a threat to free speech.
U.S. stock futures were subdued on Thursday after Wall Street's main indexes staged a rally in the previous session, with investors awaiting jobs data to assess the strength of the labor market.
Italy's new right-wing government has shown it is prepared to put sound finances ahead of national pride by revamping plans to sell a stake in the successor of the country's repeatedly bailed-out flagship airline to Germany's Lufthansa .
When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance from the real estate agent that rates weren't going anywhere. After this week, he's not sure.
The Federal Reserve's ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the U.S. central bank charts a more aggressive path of interest rate rises.
FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.
The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official of the regulator told the Wall Street Journal on Thursday.
