Category: United States

It was a magnificent day for the stock market Tuesday, highlighted by a strong performance by the Magnificent Seven technology giants, led by Tesla Inc. and Apple Inc. shares. The S&P 500 index SPX powered up 1.9%, with 466 components gaining ground, while the tech-friendly Nasdaq-100 Index NDX bulled 2.1% higher with 94 components rising. […]

U.S. technology stocks hit an all-time high Tuesday, surpassing an earlier record from July. The Technology Select Sector SPDR Fund XLK, which tracks the S&P 500 Information Technology sector, was up 1.8% in recent trade, leaving it on track to finish at $ 181.47 a share, what would be its highest closing level ever recorded, […]

Business Insider is reverting to its original name and Founder Henry Blodget is stepping down as chief executive, the company said Tuesday. Blodget will be replaced by Barbara Peng, who was previously president of the news site, which shortened its name to Insider less than three years ago. Peng told staffers in a memo that […]

A United Airlines UAL, +0.32% plane made an emergency landing in San Francisco on Monday night after a bomb threat was made. United Airlines Flight 1909 took off from Los Angeles and was originally scheduled to land in Vancouver, Canada. But the bomb threat from a passenger forced the landing in the Bay Area around […]

Fisker Inc. shares plunged around 14% in the after-hours session Monday after the electric-vehicle maker widened its quarterly loss and reported sales that missed the mark, underscoring the difficulties of turning a profit in the EV world. Fisker FSR, +7.03% lost $ 91 million, or 27 cents a share, in the third quarter, compared with […]

SYDNEY — Australian businesses reported the slowest pace of prices growth in October since July 2020, sending a positive signal that inflation is in retreat. According to the latest monthly survey of business by the National Australia Bank, overall price growth was just 1.0% in quarterly terms, the slowest pace since the early months of […]

Donald Trump’s social-media platform, Truth Social, has lost $ 73 million since its launch nearly two years ago, according to a regulatory filing Monday, raising doubts about its viability. An SEC filing by Digital World Acquisition Corp. DWAC, +0.26%, the blank-check company that is in the process of acquiring Truth Social parent Trump Media & […]

“Market timing can appear to be a fool’s game. But that’s only half the story.” The S&P 500 SPX would be up more than 30% this year as of November 8, but for eight particularly bad days for the U.S. market. That’s more than double the benchmark index’s actual return of 14.1% over that time. […]

The Dow Jones Industrial Average notched its first “death cross” since March 2022 on Monday, in what some have described as the latest ominous development for stocks as the market looks to extend its November rebound rally. This time around, two straight sessions in the green weren’t enough to keep the Dow out of death-cross […]

Looks like 2023 is the year that videogame sequels and remakes dominated.  The Game Awards nominees were announced on Monday, and the Dungeons & Dragons-inspired “Baldur’s Gate 3” and survival-horror sequel “Alan Wake 2” tied with the most nods at eight apiece — including the game-of-the-year prize.  Many of the other game-of-the-year nominees were also […]

Shares of Boeing Co. climbed on Monday following a flurry of deal news and a report that the Chinese government may be close to lifting a commercial freeze on its 737 Max jetliner. Long-haul carrier Emirates announced at the Dubai Airshow a $ 52 billion deal for Boeing planes, while SunExpress, a joint venture between […]

A rout in shares of The Trade Desk has drawn some buyers from the woodwork, specifically Cathie Wood’s flagship ARK Innovation Fund that has dropped money on the ad-technology group for the first time. The ARKK ARKK fund spent $ 34 million on 543,000 shares in Trade Desk TTD, -16.66%, according to a trading update […]

Novo Nordisk’s popular weight-loss drug Wegovy significantly cut the risk of heart attack, stroke or death due to cardiovascular disease in people who do not have diabetes, according to new data from a large international clinical trial.  Patients taking semaglutide, the active ingredient in Wegovy and Ozempic, for more than three years had 20% lower risk […]

Amazon’s AMZN, +2.11% announcement that it would be building a second headquarters in Northern Virginia boosted home prices and sales, albeit temporarily, according to a new report. The finding is based on an analysis by Bright MLS, a real-estate database company. In “Five Years Later: Amazon’s Impact on the Local Housing Market,” Bright MLS analyzed […]

SK Hynix 000660, +0.61% has started shipping new advanced mobile chips to Chinese smartphone maker Vivo–the latest sign of recovery in global demand for memory chips. The South Korean memory-chip maker said Monday that its up-to-date 16-gigabyte packages of low-power-double-data-rate 5 turbo chips would equip and power Vivo’s latest smartphones, the X100 and X100 Pro. […]

Considering three years of economic upheaval that have driven up prices and consumer resentment, consumer spending could be worse. When the nation’s biggest retail chains report this week — Walmart Inc., Target Corp. and Macy’s Inc. M, -1.08% are among them — executives could help further dissect what has been called the “bad vibes” economy, […]

Inflation data, a Fed speech and a government-shutdown deadline are on the calendar this week. MarketWatch photo illustration/iStock U.S. inflation data for October is clearly the economic highlight for markets, economists and policymakers this coming week. That’s because if price pressures continue their cooling trend from the summer, the Fed might be able to refrain […]

It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did in 2022, but that doesn’t mean Tuesday’s consumer price index for October is destined to be a snooze-fest for markets. To the contrary, some Wall Street analysts believe it is possible, even likely, that the […]

The bottle Eagle Rare 25 bourbon, $ 10,000 The back story Yes, you read that right: This is a bottle of bourbon that costs…Ten. Thousand. Dollars. But it’s probably a bargain if you can find it at that price.  That’s because it’s an extremely rare bourbon, with just 200 bottles being released. And it comes from […]

This article is reprinted by permission from NextAvenue.org. Many of us know friends and family who were recently laid off, denied their bonus, or had their raise postponed. You may have already survived a round of layoffs at work. The entire workforce, which shifted away from the office during the COVID pandemic, has now been ordered […]