Author: News Room
The economy pumped out a surprisingly strong 216,000 new jobs in December, the Department of Labor said Friday, suggesting lots of residual strength in a cooling U.S. labor market. But…
Wells Fargo & Co.’s stock dropped Friday, after the California-based bank reported a big jump in fourth-quarter credit-loss provisions, and profit that rose just in line with forecasts. “We are…
U.S. oil production has touched its highest level on record, and exports of the commodity are on the rise, but a hit to prices from a potential slowdown in demand…
Citigroup Inc. (NYSE:C) Q4 2023 Earnings Conference Call January 12, 2024 12:00 PM ET Company Participants Jennifer Landis – Head of Investor Relations Jane Fraser – Chief Executive Officer Mark…
After a period of bullish momentum leading Bitcoin to surpass the $49,000 threshold, the digital currency faced a setback, with prices tumbling to the vicinity of $43,150 subsequent to the…
Bud Light brewer Anheuser-Busch InBev is becoming the first-ever beer sponsor for the next three Olympics and Paralympic Games — with a non-alcoholic brand taking the torch. Rather than using…
Wholesale retailer Costco has a high-quality problem on its hands, CNBC’s Jim Cramer said Friday in response to the “shopping frenzy” at its new China store. Bloomberg reported that tens…
A New York judge on Friday ordered Donald Trump to pay The New York Times and three of its reporters nearly $400,000 to cover their legal costs for a lawsuit…
A key measure of home-purchase applications surged at the start of the new year despite a slight uptick in mortgage rates. The Mortgage Bankers Association’s (MBA’s) index of mortgage applications…
(Reuters) – The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement’s attacks on ships in the…