business news
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Finance
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
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Finance
Stocks making the biggest moves midday: Applied Materials, Novo Nordisk, Cava, Vistra and more
Check out the companies making headlines in midday trading. Applied Materials — Shares of the semiconductor manufacturer dropped 6% after…
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Finance
How to trade gold and bitcoin after the big stock market rebound
Gold has cooled after a year-long rally that sent the commodity to a gain of 35%, but even with stocks…
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Economy
The low-end consumer is about to feel the pinch as Trump restarts student loan collections
Andersen Ross Photography Inc | Digitalvision | Getty Images Wall Street is warning that the U.S. Department of Education’s crack…
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Economy
Consumer sentiment falls in May as Americans’ inflation expectations jump after tariffs
A woman walks in an aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt |…
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Finance
Stocks making the biggest moves premarket: Charter Communications, Doximity, Novo Nordisk and more
Check out the companies making headlines before the bell. Charter Communications — The cable stock rose 7% after Charter agreed…
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Finance
Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost
Downtown Beijing on May 2, 2025. Greg Baker | Afp | Getty Images BEIJING — Alibaba, Tencent and JD.com reported…
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Finance
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S.…
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Finance
Stocks making the biggest moves after hours: Applied Materials, Take-Two Interactive, Cava and more
Check out the companies making headlines in after-hours trading: Applied Materials — Shares fell nearly 5% in extended trading. The…
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