The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February.
The U.S. economy wasn’t supposed to churn out so many new jobs this year, according to the experts. But lots of businesses have been hiring to underpin a solid economic expansion.
Gold futures looked to post their highest settlement in about a month on Wednesday, while silver prices climbed by nearly 4%, with both precious metals supported by weakness in the U.S. dollar and bond yields following the release of downbeat economic data.
The deal between Shari Redstone and Skydance Media that was scrapped a few weeks ago has been revived
Why mentoring in unretirement is great for you and young adults
For high earners, saving up to your company match isn’t going to be good enough to replace the income you’ll need later on.
The sale comes after Tesla’s stock closed Tuesday at a six-month high after strong second-quarter deliveries data.
Orders for manufactured goods fell 0.5% in May, the Commerce Department said Wednesday. It is the first decline after three straight monthly increases.
Service-oriented companies such as hotels, banks and retailers that dominate the economy contracted in June for the second time in three months in another sign growth in the U.S. is slowing.
Chief market strategist Marko Kolanovic is departing JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a source from within the investment bank who shared details from two internal memos with MarketWatch on Wednesday.
Open Text’s stock rallied Wednesday, after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year.
Even though Hurricane Beryl is predicted to miss most of the offshore oil rigs in the Gulf of Mexico, the U.S. energy industry is on high alert over climate change and the risk of more frequent, more intense storms posing a growing challenge for the market in the future.
Ford reported second-quarter U.S. electric-vehicle sales Wednesday that rose sharply from a year ago, boosted by strength in sales of its F-150 Lightning electric trucks.
Guggenheim is concerned that Tesla price cuts “pulled forward” demand, which could create challenges for the future.
Quest Diagnostics Inc. said Wednesday it has entered a definitive agreement with pension fund OMERS to acquire LifeLabs, a Canadian provider of community laboratory services, for about C$1.35 billion ($985 million), including net debt.
Mortgage rates are hovering just below 7%, but there are ways for home buyers to get much lower rates.
Sales of new cars and trucks in the U.S. fell in June to a five-month low — and criminal computer hackers are largely to blame.
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S.
The U.S. international trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022.
Shares of Koss Corp. were surging 18.4% in premarket trades Wednesday as the headphone maker resumed its rally amid a resurgence of interest in meme stocks.
