Dow 30,000 makes history, S&P hits fresh record on Yellen, vaccine optimism
The Dow is on pace for the best month since January 1987.
Dick's Sporting Goods names new CEO as sales hit record
Dick’s Sporting Goods Inc. CEO Edward Stack is stepping down from his role as he takes over as executive chairman.
Optimism over COVID-19 vaccine, GSA's decision on Biden push up stocks
U.S. President Donald Trump gave permission Monday to the General Services Administration to begin sharing information with President-Elect Joe Biden's transition team, leading U.S. markets higher Tuesday.
US economy to shrink as surging coronavirus infections foreshadow 'grim winter'
JPMorgan Chase & Co. economists expect the U.S. economy will contract in the first quarter as state rollback coronavirus reopenings due to the new wave of COVID-19 infections that are sweeping across the country.
Tesla stock to hit $1,000 in bull case as global demand soars
Tesla Inc. shares could double from current levels as global electric vehicle demand ramps up over the next five years, according to one Wall Street analyst.
Las Vegas casino recovery threatened by new California coronavirus lockdowns
A reintroduction of COVID-19 lockdowns in California and other states adjacent to Nevada poses an emerging risk to Las Vegas casinos already battered by the pandemic and efforts to contain it.
737 Max's return benefits this company even more than Boeing
Spirit AeroSystems Inc. is the biggest winner from the Federal Aviation Administration’s decision to allow the Boeing 737 Max aircraft to return to service, according to UBS.
Foot Locker grows quarterly profit, sales
Foot Locker Inc. said its profit and sales rose for the third quarter, even as the back-to-school selling season started later than usual because of the coronavirus pandemic.
Stocks shrug off losses, tech and energy led turnaround
Investors discounted rising COVID-19 restrictions, pushing stocks higher.
Macy's reports 20% fall in comparable sales, eyes surging virus cases
Macy's Inc reported a more than 20% drop in quarterly comparable on Thursday and said it expects that to continue into the fall season, signaling a tough holiday season for the coronavirus-battered department store chain.
Tesla is morphing into more than a car maker
Tesla Inc.’s transformation from an electric-car maker to a software/connected vehicle services provider is the “entry ticket” to a much larger business, according to Morgan Stanley.
Target blows past expectations as digital sales, same-day services boom
Target Corp. reported booming digital sales and same-day services growth helped fuel a 42% year-over-year spike in third-quarter profit.
Record stock rally faces risks from civil unrest, tech bubble
Big money managers are growing concerned that civil unrest could upend the stock market rally, but remain more worried about the impact of the COVID-19 pandemic, according to a Bank of America survey conducted in November.
Walmart earnings surge as coronavirus pandemic boosts grocery, electronics sales
Walmart Inc. said third-quarter profit soared 56% from a year ago as customers stocked up on health and wellness products and electronics amid the COVID-19 pandemic.
Costco's delivers big special dividend
The $4.4 billion payout, which will be made to shareholders of record as of Dec. 2, is the fourth special dividend issued by the board in the past eight years.
US SEC chief Jay Clayton to step down at the end of 2020
Under Clayton, the SEC has pursued changes to regulations that critics saw as burdensome or hindering corporate growth, often in the face of opposition from Democrats and investor advocates.
Southwest Airlines warns coronavirus rebound is fading
Southwest Airlines Co. says a pickup in bookings over the past three months is slowing as a second wave of COVID-19 infections sweeps across the country.
Coronavirus vaccine will topple Big Tech's stock market domination: Goldman Sachs
A coronavirus vaccine would restore economic growth and break up the stock market's yearlong love affair with Big Tech, according to strategists at Goldman Sachs Group.
Bill Ackman just made another massive bet on a new COVID-19 surge
The bet is nearly identical to — albeit only 30 percent as big as — his now-famous hedge in late March, in which he bought $27 million of credit-default swaps that netted him a staggering profit of $2.6 billion.
Coronavirus vaccine trumps divided government in turbocharging markets: Goldman Sachs
Pfizer and German partner BioNTech announced on Monday that their COVID-19 vaccine candidate, which was developed in record time, was found to have a 90% positive efficacy rate and could start being distributed before the end of the year.



















