Dow Jones ends lower as investors await Powell testimony
[ad_1] U.S. stocks ended lower on Monday, pausing a rally after the S&P 500 logged its 16th winning week out of the last 18 and
EU’s record Apple antitrust fine is the start of a Big Tech regulatory crackdown
[ad_1] As Apple Inc. absorbs the regulatory body blow of a record $1.95 billion antitrust fine from the European Union on Monday, its legal team
NYCB’s stock continues its slide even despite one analyst’s vote of confidence
[ad_1] Wall Street’s negative sentiment around New York Community Bancorp continued Monday even as an analyst reiterated a buy rating on the stock and said
Goldman Sachs says this tech stock rally is grounded in reality
[ad_1] There are several key differences between the tech-stock rally of this year and that of 2021, even as the euphoria has similarities with the
February job report, Powell’s visit to Capitol Hill are on investors’ radar this week
[ad_1] It is a crucial week for economists and investors as key economic data will be released, along with two days of testimony from Fed
Investor group raises Macy’s buyout bid by nearly $1 billion
[ad_1] Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $1 billion, in hopes of taking the department-store chain private.
OPEC+ extends oil-production cuts, signaling no rush to restore lost volume
[ad_1] OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia, will extend voluntary production cuts into the second
What to stream in March 2024: Taylor Swift, ‘3 Body Problem,’ ‘Shōgun’ are tops
[ad_1] Big names, big budgets and big events are on tap for March’s streaming calendar. However you look at it — from Kate Winslet’s steely
Stock rally, rate-cut forecasts get tested by Powell’s testimony and jobs report
[ad_1] A four-month-long U.S. stock market rally, partly fueled by investors’ expectations for interest rate cuts in 2024 by the Federal Reserve, faces a test
Dow companies made bigger-than-normal adjustments to profits in Q4
[ad_1] When public companies tell the world how much money they made over a quarter, they have to follow accounting guidelines intended to keep those