Stock futures trade mixed ahead of bank earnings, Fed testimony
U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.
Apple's potential 'buy now, pay later' plan sends sector tumbling
Apple Inc is working on a service that will let users pay for purchases in installments, Bloomberg News reported on Tuesday, sending shares of Afterpay Ltd and other "buy now, pay later" (BNPL) companies sharply lower.
Goldman Sachs 2Q profits beat forecasts; boosts dividend
Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong performance in its investment banking division that more than made up for a decline in trading revenues.
Pepsico warns inflation will lead to higher prices
To combat inflation, Pepsico Inc. became the latest U.S. company to warn that it will need to raise prices.
Stocks slip off records as hot inflation overshadows strong bank earnings
U.S. stock markets closed modestly lower Tuesday as investors weighed the hottest inflation reading in over a decade against strong earnings from Wall Street banks.
Dow, S&P, Nasdaq hit records ahead of bank earnings Tuesday
Investors are preparing for a busy week as earnings season kicks off with reports from JPMorgan and Wells Fargo as well as Delta.
After Richard Branson’s spaceflight, Virgin Galactic floats $500M stock sale
Investors are pushing up Virgin Galactic shares following the aerospace company's successful Unity 22 mission on Sunday, in which Virgin Group founder Richard Branson and five other crewmates flew to suborbital space and back.
Apple stock hits record joins big tech party
Apple's stock return has laggard its large-cap tech peers which are on fire.
Stocks rally to records as Biden takes aim at Big Tech, banks for anti-competitive practices
U.S. stock markets surged to record highs Friday as investors looked past promises from the Biden administration to crack down on what it deems as anti-competitive practices by banks, Big Tech and other industries.
Robinhood gives founders second chance at $1.4 billion windfall
Robinhood tweaked the terms of the stock awards in late May so the founders will get a second chance to receive the shares if the IPO price does not meet the thresholds under the plan, according to the filing and the executive compensation experts.
Stamps.com to be taken private in $6.6B deal
Stamps.com is being taken private by in a $6.6 billion transaction, the company said on Friday.
Index of US-listed Chinese companies falls to lowest point in over a year
U.S. traded Chinese stocks have faced trouble in recent days as a new cybersecurity probe has been launched in an effort to tighten rules for companies looking to trade Didi both abroad and overseas.
Stock futures gain as bond yields rise
U.S. equity futures are trading higher following a day that saw stocks pull back from their recent record highs as bond yields fell and investors turned cautious.
Earnings boom is expected a year after pandemic-driven skid
Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results for the April-June quarter.
Mexico asks US retailer to stop copying Indigenous design
Mexico’s National Institute of Indigenous Peoples called on the U.S. retailer Anthropologie on Wednesday to stop copying a design used by the Mixe Indigenous community.
US set to add more Chinese companies to blacklist over Xinjiang
The Biden administration is set as early as Friday to add at least 10 more Chinese companies and other entities to its economic blacklist over alleged human rights abuses and high-tech surveillance in Xinjiang, two sources told Reuters.
Nike has no sympathy for Avenatti after extortion sentence
Nike offered no sympathy to disgraced attorney Michael Avenatti after he was sentenced to prison Thursday for attempting to extort the sports apparel giant for as much as $25 million.
China’s cyber watchdog to police Chinese overseas listings
A powerful agency that China’s President Xi Jinping set up during his first term to police the internet is taking on a new role: regulating U.S.-listed Chinese companies.
Walmart's Black senior managers give retailer poor grades on career growth: report
A group of Walmart’s Black senior managers were critical of the company during a recent internal survey assessing career advancement opportunities, according to a report published Thursday.
Stocks tumble as flight to safety drops 10-year yield to lowest since February
U.S. stock markets were under pressure Thursday as the spreading of COVID-19 variants sparked concerns over global growth.



















