Stocks

Federal Reserve Chairman Jerome Powell was confirmed by the Senate on Thursday for a second term heading the central bank and guiding U.S. monetary policy.

The note comes just one day after the Labor Department reported inflation surged higher than expected in April, with prices rising 8.3%, close to a 40-year high.

GameStop, which has surged more than 30%, has been halted for volatility at least four times since the market open. Meanwhile, AMC Entertainment has jumped more than 20% during the session.

Lordstown Motors has closed a deal to sell its 6.2 million-square-foot Ohio factory to Foxconn for $230 million plus the reimbursement of approximately $27 million in operating and expansion costs.

Online grocery delivery platform Instacart has taken a major step toward becoming a publicly traded company saying it has confidentially filed documents for an initial public offering with U.S. securities regulators.

Stifel analyst Scott Devitt has downgraded the used car dealer's stock from "buy" to "hold" and slashed the firm's price target from $115 to $40 per share.

If you want to track a specific index — like the housing sector — you may want to consider purchasing an ETF or “exchange-traded fund,” which is an investment product that’s a bundle of bonds, stocks or other assets, similar to a mutual fund.

The deal will be comprised of $50 million in Chicken Soup for the Soul Entertainment stock and the assumption of $325 million of Redbox's debt.

Wednesday's announcement comes after Gomez's former employer, Dentsply Sirona Inc., disclosed an ongoing internal investigation related to financial reporting.

A federal judge has found that Tesla Inc. CEO Elon Musk's 2018 tweets that funding was secured to take the automaker private were reckless.

Toyota Motor Corp. said Wednesday that its fourth-quarter net profit fell 31% compared with the same period a year earlier and projected a drop in earnings for new fiscal year due to higher costs.

It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.

Volatility remains for U.S. stocks after all three of the benchmark averages tumbled to lows not seen in over a year.

Three big-name tech billionaires have been hit with sizable blows to their net worth as the technology sector has soured in recent days.

Liquidity is important regarding an emergency fund should you experience a setback like a sudden job layoff, a medical emergency or an unexpected issue like a car repair.

Inflation and recession jitters sent the Dow, S&P 500 and Nasdaq to the lowerst in more than a year.

Shares of Richard Branson's Virgin Galactic have tumbled after the aerospace giant's stock was downgraded from a buy to a hold rating by Truist Securities analyst Michale Ciarmoli.

Beef, chicken and pork prices are climbing, and Tyson is passing along those costs to consumers.

Investors are bracing for another week of US stock volatility.

Uber reported a net loss of $5.9 billion during the first quarter of 2022 on revenue of $6.9 billion.