Markets

Southwest Airlines is looking to trim costs by implementing a hiatus on certain hiring, most summer internships and "rallies" it hosts for employees.

The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau of Labor Statistics said on Tuesday.

Small business owner optimism surged to a 6-year high in December, driven by high hopes for the economy following President-elect Trump's win, according to the NFIB.

Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."

Amazon announced it is pulling the plug on its "Try Before You Buy" service launched in 2017, which allowed customers to order multiple items to try on before purchasing.

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.

Apple's board of directors recommended shareholders reject a proposal for the company to end its diversity, equity and inclusion (DEI) program, calling such a move "unnecessary."

President Biden approved student loan handouts for another 150,000 people on Monday with just days left until his term in office comes to an end.

JPMorgan Chase CEO Jamie Dimon said in an interview with CBS that American voters' frustration with the government and policies it pursued led to President-elect Donald Trump's win.

Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The company published a list of the locations late last week.