COVID-19 is reopening a rift between economies in the world’s richest and poorest nations, driven by growth rates that are moving firmly in opposite directions.
Take-Two Interactive Software Inc. shares rose in the extended session following an initial dip Tuesday as the videogame publisher reported a big beat for the quarter.
Long-dated U.S. Treasury rates edge higher Tuesday, with appetite for bonds cooling even amid a round of weaker-than-expected housing data, which undercut the positive tone in equities.
GameStop and AMC overcame rocky starts to the trading day as comments on social media surged and retail traders mused once again about “squeeze”s on both stocks.
Major U.S. stock benchmarks closed lower Tuesday as enthusiasm centered on a strong round of earnings from major retailers, including Dow components Home Depot Inc. and Walmart Inc., appeared to wane late in the session.
AbbVie Inc.’s pricing practices for some of its top-selling medicines faced fresh scrutiny from federal lawmakers Tuesday, the latest effort by members of Congress probing the cost of prescription drugs.
After months of small incremental steps towards reopening, New York is seeing the rapid-fire lifting of pandemic related restrictions this week, and the end of staunch safety regulations that have come to define the “new normal” since March 2020.
Amid the slump sweeping across crypto assets Tuesday, investors were turning their attention to a meme asset, SafeMoon, that has garnered increased attention was recently drawing fresh looks after comments made by Barstool Sports founder Dave Portnoy on Twitter.
Gold inches higher on Tuesday to mark a fourth-straight session climb, with a weaker U.S. dollar and concerns surrounding inflation and market valuations lifting prices to their highest finish since January.
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 headed closer to 164 million on Tuesday, as the Red Cross called on wealthier countries and drug companies to move faster to get vaccines all around the world and end the “glaring inequity” in access.