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CNBC axes Shepard Smith's nightly newscast after two years

By DAVID BAUDER
Nov 03, 2022 7:00 am - NEW YORK (AP) - CNBC is canceling Shepard Smith's nightly newscast after two years, with its new president saying he wanted to focus on the network's core strength of bu...
On Wall Street, extreme punishments for weak profit reports

By STAN CHOE
Nov 03, 2022 7:00 am - NEW YORK (AP) - When it comes to meeting Wall Street's expectations for profit and sales, it's put-up-or-get-beat-up time for CEOs. It hasn't happened very often, but w...
Bank of England makes biggest interest rate hike in 30 years

By DANICA KIRKA
Nov 03, 2022 7:00 am - LONDON (AP) - The Bank of England made its biggest interest rate increase in three decades Thursday, joining the U.S. Federal Reserve and other central banks worldwide i...
Closing prices for crude oil, gold and other commodities

The Associated Press
Nov 03, 2022 7:00 am - Benchmark U.S. crude oil for December delivery fell $1.83 to $88.17 a barrel Thursday. Brent crude for January delivery fell $1.49 to $94.67 a barrel. Wholesale gasoline...
Slightly fewer Americans apply for jobless aid last week

By MATT OTT
Nov 03, 2022 7:00 am - WASHINGTON (AP) - Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persist...
Grains lower, Livestock mixed

The Associated Press
Nov 03, 2022 7:00 am - Wheat for Dec. declined 5.50 cents at $8.4050 a bushel; Dec. corn fell 8.25 cents at $6.7925 a bushel, Dec. oats was off 6.50 cents at $3.9450 a bushel; while Nov. soybe...
General Mills, Audi pause Twitter ads, will evaluate site

By MAE ANDERSON
Nov 03, 2022 7:00 am - NEW YORK (AP) - General Mills and Audi are the latest big advertisers to pause ads on Twitter as questions swirl about how the social media platform will operate under n...
US average long-term mortgage rates back under 7%, for now

By MATT OTT
Nov 03, 2022 7:00 am - WASHINGTON (AP) - The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal Reserve raised its benchmark borrowing rate to its h...
Microsoft extends aid for Ukraine's wartime tech innovation

By BARRY HATTON
Nov 03, 2022 7:00 am - LISBON, Portugal (AP) - Ukraine is counting on more Western technological support as its war against Russia drags on, with Microsoft pledging Thursday to extend its back...
Qualcomm, Altice fall; Booking Holdings, Crocs rise

The Associated Press
Nov 03, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Qualcomm Inc., down $8.62 to $103.88. The chipmaker gave investors a weak profit a...

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