Consumer companies rose as fuel-cost fears abated somewhat. Shares of Kroger rose even after the grocery-store chain cut its same-store sales growth projection for the year, and said a recent ...
HP, Nokia, and Cloudflare were among the week’s best performers.
Some of last month’s major inflation drivers could be one-offs, but economists say energy price spillover remains a risk.
Against that backdrop, the odds of a quarter-point hike are now hovering around 85%, according to CME FedWatch. Traders bet ...
Still, "it's never been more obvious that wealth begets wealth," economic commentator Kyla Scanlon, who is herself a member of Gen Z, recently wrote, noting that since 1990, median pay has increased ...
Economists note that the Fed historically has not been content to raise rates only once. Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets, said he assumes that a quarter-point hike this ...
Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI. BMO, Sun Life Pledge C$75 Billion Private Capital for ...
U.S. stocks snapped a four-session losing streak as an interruption to the torrid run in oil prices offset a reading of higher consumer inflation. The annual U.S. inflation rate held steady at 3.4% in ...
Oracle's head count shrunk by roughly 13% in its latest fiscal year, which ended in May, according to its latest annual report. The company began the process of reducing its workforce in March, The ...
Scholar Rock said the Food and Drug Administration approved Isembyld, or apitegromab, for the treatment of spinal muscular atrophy. The drug was approved for adults and for children two years of age ...
OTTAWA--Stellantis is in talks to sell its idled Toronto-area factory to a local defense firm, prompting the union representing more than 9,000 of the automaker's Canadian employees to declare an ...
This finding may be good news for investors in countries whose populations are set to decline in coming decades. China's population in 2100 is projected to be more than 50% lower than today, for ...
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