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Business
Warren Buffett’s fans plot their own course for when he leaves
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Warren Buffett mulled his future in telling shareholders that if he were lucky, he would have another six or seven years.
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Drugmaker Amneal agrees to $270 million U.S. opioid settlement
Amneal said on Friday it had reached a deal valued at more than $270 million to resolve claims it helped fuel the deadly U.S. opioid epidemic.
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US labor market still tight; productivity falters in first quarter
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
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Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
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McDonald’s posts rare profit miss as customers turn picky
McDonald's missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
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Wall St edges up as Tesla and Apple gain; Fed decision awaited
Wall Street's main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
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Wall St rises as Big Tech charges higher
Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
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US economic growth slows in first quarter; inflation surges
he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.
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Boeing reports first revenue drop in 7 quarters as deliveries decline
The U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door.
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PepsiCo’s results beat as international demand, higher prices drive growth
International business accounted for about 40% of PepsiCo's fiscal 2023 revenue, while its North America businesses accounted for the remaining.
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Wall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
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GM and Ford count on gas-powered trucks as EV growth slows
GM and Ford face a challenge in common when explaining to investors where profit growth will come from.
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What to expect in 2024: Forecasts for GDP, inflation and other assets
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
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Wall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street's main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
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Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley's first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
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Tesla to lay off more than 10% of staff globally as sales fall
Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
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Wall St slips after big bank earnings
Wall Street's main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded...
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S&P, Nasdaq rise as fresh inflation data allays rate fears
A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.
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US consumer prices accelerate; seen delaying Fed rate cut
U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.
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US small-business sentiment slides to lowest level in more than 11 years
NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.
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S&P 500, Nasdaq choppy as higher bond yields weigh
U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.
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US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
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Multibillionaire Joe Lewis to face US sentencing for insider trading
Prosecutors in Manhattan and his attorneys have urged leniency for the 87-year-old, given the investment firm founder's health and his admission of gu...
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