Dow closes above 37,000 for first time ever as Powell hints at rate cuts
The Dow Jones Industrial Average roared to a new all-time high, surpassing 37,000 after Federal Reserve Chairman Jerome Powell said policymakers have nearly licked inflation.
Etsy will lay off 11% of its workforce, stock falls
Etsy shares fell Wednesday after the global online marketplace announced it is laying off 11% of its employees and shaking up leadership as part of a restructuring plan.
How to give the gift of stocks this Christmas
Stocks can be an extremely valuable gift to your loved ones. While they may not provide immediate gains, they have the potential to massively grow in profit over time.
Hamas possibly reaped massive financial windfall in bets against Israeli stocks: report
Hamas likely reaped massive windfall while betting against Israeli stocks in the days before the Oct. 7 attacks by the terrorist group, a report claims.
JPMorgan predicts a grim outlook for the stock market next year
JPMorgan Chase analysts warned in a new note to clients that the stock market faces more pain in 2024, projecting the S&P 500 will fall 8% by year's end.
Uber shares rally on S&P 500 inclusion
Uber CEO Dara Khosrowshahi and his investors are celebrating the ride-sharing giant's latest milestone: being chosen as one of the S&P 500's newest members.
5 things you need to know about stock options and the potential investment opportunity at your company
Stock options can potentially earn employees a lot of money if a company is successful. Here's all you need to know before making the investment.
GM authorizes $10 billion share repurchase to benefit shareholders following strike
General Motors wants to give its shareholders a bigger return in 2024, announcing a $10 billion accelerated share repurchase program now that the labor strikes have settled.
Oil prices bubble ahead of OPEC meeting
Oil prices are moving higher ahead of the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for Thursday, after the alliance delayed the event last week.
China's Shein files for US IPO in major test for investor appetite - sources
Chinese fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter.
Kraft Heinz authorizes $3B in share repurchase after ‘milestone’ quarter
The Kraft Heinz board of directors has approved up to $3 billion in a share repurchase program, the maker of ketchup and mac and cheese announced Monday.
The biggest delivery business in the U.S. is no longer UPS or FedEx
Amazon.com has taken over the largest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes, postal service remains biggest delivery service.
Money Lessons from 2023
It's been a turbulent year for investors and for everyday savers. FOX Business takes a look a money lessons learned in 2023 and how to prepare for 2024.
Roomba parent shares surge as Amazon deal nears: report
Shares of Roomba-maker iRobot closed up nearly 40% on Friday following a report that Amazon's acquisition of the company is set to be approved by European regulators.
Elon Musk’s social-media comments spark Tesla investor backlash
An X post Tesla CEO Elon Musk made on the social-media platform X last week has been called “Antisemitic" and has company shareholders calling him ‘dangerous’ or going to Rivian.
Thanksgiving week and stock market
The Thanksgiving holiday creates some changes in trading days and hours for both the stock and bond markets heading into the start of the 2024 holiday season.
Best Buy flags weakening consumer demand heading into holiday shopping season
Elevated interest rates, a shift to spending on services from goods and a resumption in student loan repayments have further strained appetite for electronics and home-office products.
Abercrombie & Fitch lifts annual sales forecast after upbeat quarter
Updated inventories and trendy logoless basics and jackets have allowed the company to rein in promotions and markdowns from a year ago, when it was dealing with softer consumer demand.
Lowe's sees steeper drop in annual sales as DIY demand stumbles
Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said.
Kohl's sales miss estimates as shoppers trim spending on non-essentials
The results come after retail bellwether Walmart last week took a cautious stance going into the holiday shopping season, which is expected to grow at the slowest pace in five years.