Boston Fed President Eric Rosengren said Wednesday that higher U.S. inflation over the next few months should be temporary -- just as the shortage of toilet paper last year
Cathie Wood's ARK Innovation exchange-traded fund is significantly oversold and due for a bounce, but if it doesn't come the popular fund risks suffering a “waterfall” decline, says one chart watcher.
PayPal Holdings Inc. saw a record amount of volume flow through its platform in the first quarter as the e-commerce wave continued even amid the gradual reopening of the in-person economy.
Booking Holdings Inc. continued to struggle with the decline of the travel industry in the first three months of 2021, as revenue was cut in half from a year ago.
Costco Wholesale Corp. said late Wednesday its April sales rose 34% to $15.21 billion, with online sales slowing down from the early months of pandemic-fueled stockpiling.