Stock market to see more pain before reaching low, BofA warns
Bank of America strategist warns the U.S. stock market is likely to see further losses as the Federal Reserve continues its fight against high inflation.
Twitter says Elon Musk is target of federal investigation: filing
Twitter says Elon Musk's conduct related to the purchase is under investigation, but exact focus is not clear.
Grocery chains Kroger, Albertsons in talks for possible merger: report
A possible agreement could reportedly be reached as soon as this week. In February, Albertsons' board of directors launched a review of potential strategic alternatives.
Consumer prices, jobless claims, Victoria Secret gains and more: Thursday's 5 things to know
Traders will be watching for the latest economic reports covering consumer prices as well as weekly jobless claims.
Toshiba gets $19B buyout bid sending shares surging
The Japanese conglomerate Toshiba, has reportedly received a $19 billion takeover bid from a domestic-led consortium.
Data shows AMC insiders got rich off retail traders
Data reveals that during the "meme stock" craze that took place during the COVID pandemic, insiders at AMC profited from the moves made by retail investors.
Wealthy millennial, Gen Z investors skeptical of traditional stocks, bonds: report
Many high-net-worth millennial and Gen Z investors are skeptical of traditional stocks and bonds, according to a Bank of America report released Tuesday.
Intel to cut thousands of jobs as PC demand slows: report
Intel may cut a large amount of jobs this month as the semiconductor manufacturer deals with PC demand slowdown. The company's third-quarter earnings report is due out this month.
Kevin Bacon says he's recovered 'a portion' of money from Bernie Madoff’s infamous Ponzi scheme
"Footloose" star Kevin Bacon shared that he and his family recovered "a portion" of the money lost in the Bernie Madoff Ponzi scheme that was worth billions.
Government officials invest in companies their agencies oversee
Greater than 20% officials in senior positions, at the 50 U.S. Federal Agencies the Journal reviewed, had a conflict of interest in their stock choices.
Two men charged in $100M New Jersey deli scheme plead not guilty
Peter Coker Sr. and James Patten have been charged in a 12-count indictment with conspiracy to commit securities fraud, securities fraud, and conspiracy to manipulate securities prices.
Peloton co-founder John Foley faced Goldman Sachs margin calls as stock sank: WSJ
Foley pledged about 3.5 million Peloton shares as collateral as of the end of September 2021, or about 20% of his stake at the time, according to the Wall Street Journal.
Trump social media SPAC adjourns meeting over merger extension vote again
The SPAC taking Trump Media & Technology Group public once again adjourned its special shareholder meeting to announce voting results about a deal extension.
Amazon Prime Early Access sale, Consumer Price Index, bank earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Rivian announces major recall of vehicles
The electric vehicle manufacturer Rivian has announced a massive recall of 13,000 of its vehicles due to a safety problem.
CVS in exclusive talks to acquire Cano Health: report
Shares of Cano Health climbed on Friday following a report the value-based primary care provider is in exclusive talks to be bought by CVS Health. The Miami-based healthcare provider went public in June 2021.
Credit Suisse to buy back $3B in debt, sell Hotel Savoy
The Swiss bank's debt buyback plans come in an effort to calm market jitters related to its financial health. Credit Suisse shares jumped more than 10% on Friday.
DraftKings shares jump on ESPN brand partnership reports
DraftKings, which has a "great, long-standing relationship with ESPN", told FOX Business it speaks to a variety of companies on a regular basis and does not comment on those conversations.
Jobs data, AMD shares fall and more: Friday's 5 things to know
All eyes will be on the most anticipated economic report of the month as the September jobs report is released.
Samsung's earnings plunge on big drop-off in chip demand
Samsung's preliminary earnings report put up a red flag for the tech industry as a drop in demand cut into the bottomline.



















