Immigration boosts federal tax revenue, but states and localities bear unique costs.
The recent broad unwinding of the artificial-intelligence trade has created an opportunity to buy AI plays, like Vertiv’s stock, on the cheap, Mizuho said.
“By continuing its association with Coca-Cola, the Olympic movement risks being complicit in intensifying a global epidemic of poor nutrition, environmental degradation, and climate change,” a public-health organization says.
Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising interest rates more than two years ago.
Ralph Lauren Corp. shares rose 4.3% premarket Wednesday after the apparel and accessories maker reported better-than-expected first-quarter revenue and earnings, boosted by growth in Europe and Asia.
Consumers are feeling frustrated by the housing market as home prices march to new heights, a new survey says.
Disney’s stock falls as the company notes a “moderation of consumer demand” in its experiences segment.
Hilton Worldwide Holdings Inc.’s stock fell 1.3% in premarket trading on Wednesday after the hotel giant issued a third-quarter outlook for adjusted earnings that fell short of Wall Street analyst estimates.
Analysts note “intensifying” cash burn and “materially softer” margins for the server maker.
Deal offers a 51% premium over the stock’s closing price on Tuesday.
A 39-year-old woman in Parma, Ohio was sentenced to two months working in a fast-food restaurant after throwing a hot bowl in a Chipotle worker’s face.
CVS’s CEO said the company is “taking action” to address its challenges, including making leadership changes in some business segments.
Warner Music Group Corp.’s stock rose 3% premarket Wednesday, after the company matched profit estimates for the second quarter, offsetting a small revenue miss.
News-media provider added 300,000 digital-only subscribers, bringing the number to a total of 10.84 million
The parent of Applebee’s and IHOP had a better-than-expected profit in its latest quarter but revenue fell short.
As recession fears build on Wall Street, Citigroup strategists have put together the sectors that would do best in such an environment.
Oil futures rose Wednesday, finding support as the stock market continued its recovery from a global rout that had served to pull down commodity prices.
Shopify posted a big beat on free cash flow for the second quarter.
Stocks that lose the most often make a strong recovery once market liquidity returns.
Nvidia shares closed at $104.25 on Tuesday, well off their $135.58 closing high and $140.76 intraday high from June.
