Stocks seesawed Friday, ending lower as investors digested the release of the monthly US jobs report to provide a steer to the Federal Reserve's next move on interest rates.The S&P 500 (^GSPC) fell around 0.3%, while the Dow Jones...
Key Takeaways Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.The retailer reported average worldwide gas prices were down 24% per gallon year-over-year.The company...
The share of workers robbing from their future selves remains at an all-time high.Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA, according to a survey released...
The Dow Jones Industrial Average tumbled on strong jobs data Thursday even as AI stock Microsoft (MSFT) popped. Meta Platforms (META) was nearly flat amid the launch of Twitter rival Threads, while Tesla (TSLA) CEO Elon Musk launched...
The yuan has plunged against the dollar in 2023 with China's economic revival floundering.Beijing is battling to show it can support the currency as it falls toward a 14-year low.China’s central bank fixed the renminbi at a stronger level...
The major stock market indexes all posted losses, but improved in afternoon trading on Thursday. The June ADP payroll numbers shook investors with the largest monthly increase since July 2022, sending fears of more rate hikes. ...
FedEx Corp. advised shippers on Thursday that they should begin shipping now with the company if they are concerned about service disruptions arising from a possible Teamsters union strike Aug. 1 of UPS Inc.In a communique Thursday, FedEx (NYSE:...
NEW YORK (Reuters) - Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023.BofA, unlike other...
1 hour agoBank of America Plans to Raise Its DividendByDavid Marino-Nachison, EditorBank of America says it
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plans to raise its dividend.The announcement Wednesday makes it the last of the six biggest U.S....
As he campaigns for president, Florida Gov. Ron DeSantis says he wants to “make America Florida.” But homeowners might say, eh, no thanks, since nobody wants the sort of insurance bill Florida property owners have been finding in their...