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.
Major U.S. stock benchmarks struggle for direction Tuesday, with support tied to a strong round of earnings from major retailers, including Dow components Home Depot Inc. and Walmart Inc., offset by weaker-than-expected housing data.
President Joe Biden is scheduled to visit a Ford Motor Co. plant in Michigan on Tuesday in a push for his electric-vehicle plan, as the White House and lawmakers continue to wrangle over an infrastructure deal.
Not all companies are changing their policies in light of new CDC guidelines on masks. Kroger said Friday it ‘continues to require everyone in our stores to wear masks’