Big-money managers worry President Biden’s ambitious spending plans could derail the momentum seen in markets and the economy, according to a new Bank of America survey.
U.S. equity markets ended mixed after the U.S. Food and Drug Administration recommended Johnson & Johnson’s COVID-19 vaccine be paused amid blood-clotting concerns and consumer prices rose at the fastest pace in over eight years.
Consumer prices rose in March by the fastest monthly pace in 8.5 years as the reopening of the economy picked up steam.
Blockbuster earnings results may not power the stock market to new highs like many investors are hoping, says one Wall Street bank.
Microsoft Corp. has agreed to acquire healthcare artificial intelligence software provider Nuance Communications in a deal valued at $19.7 billion, including debt.
U.S. stocks pulled back as investors readied for the start of earnings season.
The Retail, Wholesale and Department Store Union says Amazon interfered with the right of its employees at an Alabama facility to vote in a free election on unionization.
U.S. equity markets climbed to record highs Friday after producer prices spiked by the most in more than nine years.
Producer prices rose in March by the fastest annual pace in 9 ½ years as the reopening of the U.S. economy forged ahead with more Americans receiving the COVID-19 vaccine.
A federal judge will hear arguments Friday about whether the Dakota Access oil pipeline should be allowed to continue operating without a permit while the U.S. Army Corps of Engineers conducts an environmental review.