JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee 'Trump accounts'

JPMorgan Chase, Bank of America and Wells Fargo said Wednesday in separate releases that the firms will match the U.S.

Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

Gold jumps over 3% to fresh highs as Asia markets trade mixed after U.S. Fed holds rates

Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a ...

Samsung profit triples, beating estimates as AI chip demand fuels memory shortage

Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts' ...

Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week

Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office ...

Government shutdown: Republicans consider escape hatch as Congress careens toward deadline

Much of the U.S. government is poised to shut down early Saturday morning unless Congress approves spending measures.

Microsoft stock drops 7% on slowing cloud growth, light margin guidance

Microsoft’s finances look more favorable after OpenAI completed a restructuring. But computing capacity and talent are ...

Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more

Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 7% in extended ...

Thursday's big stock stories: What’s likely to move the market in the next trading session

The S&P 500 briefly surpassed 7,000 for the first time on Wednesday, but ended the day near the flatline after the Federal ...

Tesla tops estimates for quarter, but wraps up first annual revenue drop on record

Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.

Investors will have to wait a bit longer for any rate cuts this year

The Fed's first meeting of the year wrapped up Wednesday, showing a more hawkish consensus taking shape among policymakers.

DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell

DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects the Federal Reserve to stay on hold for the remainder of Jerome Powell 's term as chair with a more balanced outlook for the economy.