Business/Consumer Services
- Stock Market
Could Big Tech layoffs keep growing? Apple, Amazon, Facebook and Google may give hints in biggest week of earnings.
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that…
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Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinks
Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss…
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U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows — but don’t look for a repeat soon
The numbers: The economy grew at a robust 2.9% annual pace in the fourth quarter, but the U.S. faces tough…
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U.S. durable-goods orders jump 5.6% — but the details paint a more dismal picture
The numbers: Orders for manufactured goods jumped 5.6% in December because of a flush of new contracts for Boeing passenger planes,…
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U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in…
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Charles Schwab blasts NYSE over stock-trading glitch
Retail brokerage Charles Schwab late Wednesday publicly criticized the New York Stock Exchange for its handling of a trading glitch…
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Dow, S&P 500 book third straight day of losses as investors digest mixed signals on economy
U.S. stocks ended lower for a third straight session Thursday as investors weighed mixed signals on the strength of the…
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Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling
The stock of a Singapore-based ed-tech and education company called Genius Group Ltd. rallied more than 200% on Thursday, after it…
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United Airlines swings to profit despite ‘worst’ winter storm, issues blue-sky guidance
United Airlines Holdings Inc. late Tuesday reported fourth-quarter earnings that were well above Wall Street expectations, saying it managed well…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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