This illustration photo taken on August 5, 2022 shows a cellphone displaying a photo of Elon Musk placed on a computer monitor filled with Twitter logos in Washington, DC. Samuel Corum | AFP | Getty Images A Delaware court denied Elon Musk’s request to delay the trial over his attempt …

Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Federal Reserve enacts its third consecutive 0.75 percentage point interest rate increase when it meets later this …

Outgoing Starbucks CEO Howard Schultz says that he’ll never return to the top job after the coffee giant announced a new succession plan last week. “I’m never coming back again, because we found the right person,” he said on CNBC’s “Squawk Box” on Wednesday. Laxman Naramsimhan, who is currently the …

Check out the companies making headlines before the bell: Coupa Software — Shares surged 11.6% after the business management software company surpassed earnings estimates in its recent quarter, and issued strong full-year earnings and revenue guidance. Coupa earned 20 cents per share compared with estimates of 9 cents per share, …

GP: Homes for sale Brittany Murray Via Getty Images | Medianews Group | Getty Images In June the average rate on the 30-year fixed shot over 6% briefly, and that was enough to turn the once-hot housing market on its heels. Rates pulled back in July and August, but the …

Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio lost $409.8 million in the second quarter, representing significantly widening losses, despite deliveries that surpassed year-ago levels and …

Russian President Vladimir Putin said the West has been reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and production capacities. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Putin on Wednesday accused …

Christian Sewing, Chief Executive Officer of Deutsche Bank, has acknowledged that a recession in Germany is inevitable, and urged leaders to accelerate its decoupling from China. Denis Balibouse | Reuters Deutsche Bank CEO Christian Sewing warned Wednesday that a recession in Germany is inevitable, and urged the country’s leaders to …

Bitcoin continues to trade in a tight range of $18,000 to $24,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images Bitcoin traded below $19,000 on Wednesday …

With inflation in the euro zone projected to rise to at least 10% in the coming months, a “jumbo” rate hike of 75 basis points on is certainly a possibility. Bloomberg | Bloomberg | Getty Images FRANKFURT, Germany — The European Central Bank is expected to frontload a series of …