Prominent Democratic economist Larry Summers has been warning about the effects a second Trump term in the White House could have on the cost of living.
Shares of Lululemon Athletica jumped after hours Wednesday, after the yoga-wear maker and athleisure giant announced a $1 billion increase to its stock-buyback program and raised its full-year profit outlook.
Smartsheet delivered an upbeat earnings outlook, sending shares of the software maker more than 10% higher in Wednesday’s extended session.
The videogame retailer’s shares are in the spotlight once again with the return of influential trader Keith Gill, also known as Roaring Kitty.
Many investors likely tried to buy what appeared to be a more than 99% dip in Berkshire Hathaway Inc. Class A shares during Monday’s New York Stock Exchange trading glitch. Some got more than they bargained for.
House Republicans are making a fresh effort to cut the budget of the Internal Revenue Service, with a key committee proposing a bill that would deliver a reduction of almost 18%.
An extended cycle of corporate restructurings is ahead as companies feel the heat from higher interest rates, says investment banker Ken Moelis.
SpaceX is making final preparations for the latest test flight of the company’s Starship spacecraft.
