Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker bumped its full-year profit forecast higher, helped by cost cuts and optimism from executives on demand for new as well as older products in the U.S. and abroad.
Federal Reserve Gov. Adriana Kugler said she expects inflation to slow gradually this year and pave the way for the central bank to reduce interest rates.
What’s old is new again, at least from Wall Street’s perspective.
The Federal Trade Commission is sending checks to nearly 55,000 sellers who sold their homes to Opendoor after the iBuyer settled a lawsuit alleging deceptive practices.
A global economic recovery is fueling a blistering commodities rally in 2024 — threatening to derail the Federal Reserve’s efforts to curb inflation and potentially clouding its path to cutting interest rates by mid-year, according to market strategists.
Amazon.com Inc. is trimming hundreds of jobs from its AWS cloud-computing business in its latest round of layoffs aimed at slashing costs.
Home prices continue to climb nationally, but some markets — particularly in the South — are slowing down.
A combination of healthy economic data and a rally in oil is renewing the risk of what one major Wall Street bank calls a “hawkish negative surprise” by the Federal Reserve and other central banks.
The insider trading move that nearly scotched the recent multi-billion dollar merger of Donald Trump’s media business with a blank check company, began coming unwound following an ill-conceived phone call.
Shares of Trump Media & Technology Group Corp. have fallen since they began trading last week with former President Donald Trump’s initials as the ticker — but don’t blame short sellers for any further weakness.
Some asset managers may decide it’s worth their while to bow to Fidelity Investments’ support agreement and hand over some of the revenue that their exchange-traded funds collect via its brokerage platform — that is, if they haven’t decided to do so already.
Walt Disney Co. on Wednesday won enough shareholder votes to retain its slate of a dozen board members and stave off challenges from hedge funds Trian Fund Management and Blackwells Capital.
Shares of chip maker GSI Technology Inc., an increasingly popular artificial-intelligence play, were climbing 8.8% Wednesday — continuing a rally fueled by the launch of new server products this week.
Aurora Cannabis Inc. led gains among Canadian cannabis stocks on Wednesday after an industry executive was named president of the Cannabis Council of Canada trade group.
The slowdown had occurred “a bit earlier” and was “a bit bigger than we thought,” the company’s CEO says.
Meme coins are back in the spotlight. Be aware of the risks.
While Amazon’s valuation is on pace to notch a new record, the shares themselves aren’t yet on track to notch a new high.
An ever-expanding assault on Big Tech by the European Union has U.S. companies scrambling to adhere to rules there while trying to not slow their dash to embrace generative artificial intelligence.
Former President Donald Trump’s 2024 campaign plans to hold a big fundraising event Saturday featuring major Wall Street figures, with billionaires from other industries also slated to attend.