Wall Street has been lurching down and up for weeks as traders tear up their forecasts for what the Fed will do with interest rates in 2025. A further easing would boost the U.S. economy and prices for investments, but it could also give inflation more fuel.
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
SEATTLE — SEATTLE — Accolade, Inc. (ACCD) on Friday reported a loss of $121.3 million in its fiscal third quarter. On a per-share basis, the Seattle-based company said it had a loss of $1.50. Losses, adjusted for asset impairment costs, were 30 cents per share.
Phil Condit, Boeing's CEO from 1996 to 2003, told The Wall Street Journal that the company should start designing a new plane as soon as possible.
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.
Cuántas ciudades santuario hay en Estados Unidos y cuáles iniciarán con las redadas para la deportación masiva de migrantes?
NEW YORK — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
UnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization surprised Wall Street
But the grand machinery keeping Wall Street moving is just picking up steam. That's because, deterred by regulatory uncertainty and higher borrowing costs, U.S. corporations have mostly sat on the sidelines in recent years when it came to buying competitors or selling themselves.
With the latest presidential inauguration set to take place in Washington on Monday, Eyewitness News takes a look at where the first one took place: the heart of New York City, more than two centuries ago.
Will Trump take the opportunity this time, in his second inaugural speech, to talk of unity? Or will it be more 'American carnage'?