Don’t count on ‘Magnificent Seven’ stocks repeating their winning streak this year, these Wall Street gurus warn
Only buying last year’s winners may actually come back to haunt you.
Only buying last year’s winners may actually come back to haunt you.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest customer, by more than half.
High mortgage rates have stalled the housing market.
Some analysts see brighter days ahead for the company, with its new Epic Universe theme park on the horizon.
Oil futures traded higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico.
There are some key questions employees should ask about the Trump administration’s deferred resignation offer. ‘Overall and generally speaking, no, I don’t see this a good deal,’ an attorney said.
If you see “1099” on a piece of mail and just shove it into a folder, you’re missing out on valuable information.
The Social Security Fairness Act increased benefits to millions more retirees, including some who never claimed them.
“Illicit products now represent more than 60% of the e-vapor category,” the tobacco company said.
Among the highlights from Mastercard’s report: A pickup in U.S. volumes and an encouraging outlook for the year.
Yields on U.S. government debt were falling slightly Thursday morning as traders focused on data that showed economic growth slowing in the U.S. and stalling in three countries in Europe at the end of last year.
Investors cheered results from Finnish telecom-equipment maker Nokia Corp., which swung to a profit in the final quarter of 2024, driving shares to their best session in months.
Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It’s the lowest level in in three weeks.
A disappointing quarter or even three of sales or earnings is no reason to sell Apple stock, says the CIO from Birinyi Associates.
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump White House.
The European Central Bank on Thursday cut interest rates by a quarter point, saying it expects inflation to fall back to its target later in the year.
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal Reserve won’t ease again until 2026.
The deadly collision between a military helicopter and a passenger plane sent shares of U.S. carrier American Airlines in premarket trade on Thursday.
Democrats said the move was an unconstitutional seizure of power over the federal budget and warned of disruptions in funding to local police, domestic violence shelters, food programs and more.