Alibaba hit 80M deliveries in a day, doubling down on $7B in subsidies to battle Meituan and JD.com in China's delivery war. Taobao Shangou daily users rose 15% to ~230M as Alibaba pushes instant commerce and reshapes retail with aggressive promos.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. The S&P 500 is approaching a record high, marking a ...

In 2025, StubHub projects that the second-ticket market will decline approximately 5%, primarily due to the conclusion of Swift’s record-breaking Eras Tour in December 2024 and the implementation of federally mandated all-in pricing in the U.S. in May 2025.

Futures rallied after the stock market closed mixed Tuesday after the Fed rate cut. Nvidia will buy an Intel stake.

The non-institutional investors (NIIs) category was subscribed 37.25 times, while the retail investors' portion was subscribed 18.98 times. The qualified institutional buyers (QIBs) category saw a subscription of 7.

As President Donald Trump has discussed implementing tariffs, the stock market has wavered. In April of this year, the stock market took a dip after President Trump put his tariff policy into effect. This resulted in the Dow Jones index losing over 4,000 ...

NEW YORK (AP) — Wall Street sank on Tuesday as rising pressure from the bond market pulled U.S. stocks further from their records. The S&P 500 fell 0.7% for its worst day in a month after paring a loss that earlier reached 1.5%. The Dow Jones Industrial ...

Stock soars to lead the S&P 500's gainers, and toward a record one-day gain Orlando Bravo, founder and managing partner of Thoma Bravo, pictured at the Milken Institute Global Conference in 2021. Thoma Bravo reportedly has its sights on Dayforce, Bloomberg ...