The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
CEOs from major U.S. corporations know they've "got to tell the story differently" about capitalism, said John Engler, the former president of the pro-business coalition.Marketsread more
European stocks ended relatively mixed Thursday, as investors digested corporate earnings and reacted to a sharp fall in sterling.
The pan-European Stoxx 600 came off its session lows to close provisionally down 0.46 percent, with most sectors closing in the red.
Looking to bourses, France's CAC 40 slipped 0.07 percent by the close, while Germany's DAX fell 0.18 percent. The U.K.'s FTSE 100 pushed higher however, closing up 0.9 percent after the Bank of England made a change to its monetary policy strategy.
The U.K. central bank (BOE) raised interest rates for the first time in more than a decade, but signaled only gradual easing in the future. This "dovish" hike sent sterling lower and caused a rally in U.K. stocks with some major corporates earning most of their revenues in the U.S. dollar. At the market close, sterling was trading sharply down, last standing against the dollar at $1.306.
Aside from the big economic news coming out of the U.K., earnings continues to shake up sentiment in Europe on Thursday. British kitchen supplier Howden Joinery was crowned Europe's best performer, closing up over 10 percent, after posting a 8.2 percent increase in total U.K. depots revenue in its last quarter.
Credit Suisse shares meantime rose 4.5 percent after posting a near six-fold year-on-year rise in third-quarter net profit on Thursday, beating analyst expectations amid an ongoing restructuring plan.
On the other end of the spectrum, Randgold dropped 7.2 percent after a decline in production hit its third-quarter profits.
Travel and leisure stocks were the worst performers in trade, closing 1.4 percent down, with Playtech slipping to the bottom of both the sector and STOXX 600. The online poker firm sank over 22 percent by the close, after saying that its full-year performance will miss market expectations.
Health care slipped 1 percent as a sector following disappointing earnings news. Sanofi dropped 1.23 percent after saying that sales at its diabetes arm fell. Its third-quarter results were also slightly lower than expectations but the company confirmed its 2017 outlook.
Investors are anxiously awaiting news of who's going to be the next chair of the Federal Reserve. President Donald Trump is expected to make his decision on Thursday.
Fed Governor Jay Powell has been a recent favorite to take on the position from current Chair Janet Yellen — who's also a key candidate — in early 2018. Around the market close, U.S., equities traded flat to mostly lower, as investors on Wall Street were left somewhat disappointed by a few details already released about the Republicans' tax-reform plan.
Elsewhere, in late European trade, a Spanish judge issued a European arrest warrant for Catalan leader Carles Puigdemont and four members of his ousted cabinet, according to Spanish newspaper La Vanguardia.
Eight former Catalan ministers were remanded in custody as part of the ongoing investigation into the Catalonia region's independence bid. A ninth was released on bail. The nine leaders had appeared for questioning at the court, according to Reuters.