Bond yields retreated from their highest levels since July, as traders awaited the U.S. consumer prices report.
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago
President-elect Donald Trump late Tuesday announced Elon Musk and Vivek Ramaswamy will lead the “Department of Government Efficiency” in an effort to “dismantle government bureaucracy.”
Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.
The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.
Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its outlook for the year.
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.
Republicans appear on track to maintain their control of the U.S. House of Representatives in the new year, though yet again a narrow majority looks likely to cause headaches for GOP leaders.
Inflation took center stage during the 2024 presidential election. It isn’t gone, yet.
The recent surge in stocks on the U.S. election has so far coincided with a drop in Wall Street’s fear gauge, as investors watch market volatility for signs as to whether the rally will hold up.
Stocks have been on such a spectacular run lately. It’s easy to forget that it wasn’t always this way.
The outperformance of Wells Fargo & Co.’s stock over other big bank stocks continued Tuesday, as its touched an all-time high for the second straight day and a BofA analyst hiked his price target for the San Francisco-based financial giant.
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.
The yield on the benchmark 10-year Treasury note was within spitting distance of breaking through another key resistance level on Tuesday, which could put a 5% mark within reach and would likely spell trouble for stock investors.
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.
A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.
Rising vehicle expenses have turned cars into a financial trap for many Americans.
“Gift cards are a good idea for everybody but the person who receives them.”
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.
