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U.S. stocks trade higher, heading for strong January finish, as Fed decision awaits
U.S. stocks shrugged off premarket weakness Tuesday and nudged higher after a mix of corporate earnings reports and data showing…
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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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FDA panel backs plan for annual COVID-19 booster, as new omicron subvariant continues to dominate in new cases
A Food and Drug Administration advisory panel voted unanimously Thursday for Americans to get a once-a-year booster against COVID-19, with…
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Bed Bath & Beyond stock plunges more than 20% after filing shows default on loans
Bed Bath & Beyond Inc. shares plunged more than 20% and were halted Thursday afternoon, after the retailer disclosed in…
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Nordstrom Report Hints at Weaker Spending by Wealthy Shoppers
Nordstrom’s holiday season sales were softer than prepandemic levels, the company said. Craig Barritt/Getty Images for Nordstrom If Nordstrom’s latest…
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Nordstrom slashes outlook as holiday sales drop
Nordstrom Inc. late Thursday slashed its fiscal 2022 outlook as it offered shoppers more markdowns in the holiday season but…
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WHO calls on China to release more information on its COVID case surge to learn more about which variants are circulating
The World Health Organization has called on China to release more information about its current wave of COVID infections after…
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New COVID subvariant is now dominant across the U.S., accounting for 43% of all new cases in latest week, CDC says
The XBB.1.5 omicron subvariant that has been dominant in the Northeast for several weeks is now officially dominant across the…
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China takes first steps to punish countries that imposed testing mandates for Chinese travelers
China on Tuesday suspended visas for South Koreans to enter the country for tourism or business in apparent retaliation for…
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18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last…
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