Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S.
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties
The electric utility replaces Pioneer Natural Resources on the benchmark index after the latter’s acquisition by Exxon Mobil.
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett’s company.
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.
FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing
U.S. stocks closed sharply higher Friday, as Treasury yields fell after a softer-than-anticipated April jobs report. The Dow Jones Industrial Average climbed 450.02 points, or 1.2%, to finish at 38,675.68. The S&P 500 gained 63.59 points, or 1.3%, to end at 5,127.79. The Nasdaq Composite jump
A big surprise in the April jobs report was a paltry 5,000 increase in leisure and hospitality jobs. With Americans traveling a ton and going out to eat more than ever, hotels and restaurants have been hiring throngs of people. Job gains have averaged 55,000 a month in the past two years. Not so i
Wayfair Inc.’s stock rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates.
Justin Kelly, co portfolio manager at the MainStay Winslow Large Cap Growth fund, says there is one big thing Apple could do to make him more confident enough to buy more shares of one of his top holdings. Kelly says Apple needs to roll out a new feature, such as AI technology that would spur consu