U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently has followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group.
The Federal Trade Commission is looking to speed up its inquiry into prescription-drug middlemen while also expanding its scrutiny of drug patents, FTC Chair Lina Khan said Tuesday.
A House-passed bill, which the Senate looks poised to OK this week, gives the app a year to ditch its Chinese ownership — otherwise it’s banned nationwide.
Roughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of the public, more than twice as much as 10 years ago and over six times as much as 20 years ago. This fact may be one the biggest reasons why bond-market…
Amazon.com Inc. said Tuesday it is introducing a $9.99-a-month grocery delivery subscription service for Prime members and a lower-cost $4.99-a-month service for customers using electronic benefits transfer, or EBT.
Shares of GE Aerospace got a boost premarket Tuesday as quarterly profit and revenue — including results before the spinoff of GE Vernova was completed — rose above expectations.
UPS’s stock rallied Tuesday, after the package delivery giant beat first-quarter profit expectations, even as it once again reported revenue that fell below forecasts.
Kimberly-Clark Corp.’s stock rose 5.7% early Tuesday, after the parent to consumer brands including Huggies diapers and Scott and Kleenex tissues beat profit and sales estimates for the first quarter.
Oil prices were edging lower on Tuesday morning, with Brent futures retreating below $87 a barrel after posting its lowest finish in nearly a month in the previous session.
Elon Musk’s SpaceX is preparing to launch 23 Starlink satellites atop a Falcon 9 rocket from Florida Tuesday in what will be an important milestone for the private space company.
The U.S. economy lost some momentum in April, a pair of S&P surveys found, as businesses experienced a decline in new orders and reduced employment for the first time since the pandemic.
Yields on U.S. government debt slipped Tuesday morning after data showed that weaker demand weighed on the pace of expansion in business activity this month.
Investors who wish to make above market average returns should not rely on macro forecasting because “it can be worse than neutral” and “damaging in its effect” to portfolios, according to Howard Marks.
In a letter to shareholders, Chief Executive Mary Barra said the car maker is seeing “good early sales momentum” for EVs such the Cadillac Lyriq as it benefits from “scale, material cost and mix improvements.”
Crypto activist Yves Bennaïm is seeking 100,000 signatures to trigger a referendum that could amend Switzerland’s constitution and force the country’s central bank to invest in bitcoin
Philip Morris’ stock pulled back premarket Tuesday, after the seller of cigarettes and heated tobacco units beat first-quarter profit expectations but provided a downbeat second-quarter outlook.
Shares of recruitment firm Randstad fell as much as 7% as the company said it experienced softer than expected conditions in North America and Northern Europe and that tough conditions continued in April.