U.S. targets Russian tech sector in latest round of sanctions over Ukraine invasion
The U.S. is targeting Russia's technology sector in the latest round of sanctions aimed at punishing Moscow over its invasion of Ukraine. The Treasury's Office...
Rail Vision’s stock opens well below IPO price, and keeps falling
Rail Vision Ltd. received a very cool reception on Wall Street, as the Israel-based railway-safety technology company's shares opened 24% below the initial public offering...
Macy’s to add 2,800 jobs with $584 million North Carolina fulfillment center
Macy's Inc. said Thursday that it will open a fulfillment center in China Grove, N.C. in 2024 that will employ 2,800 workers. The facility, which...
Gold futures post gains for the session, month and quarter
Gold futures settled higher Thursday, posting a gain for the month as well as the quarter. "Gold will remain headline driven and seems poised to...
Oil futures mark lowest finish in over 2 weeks as U.S. announces biggest-ever release from crude reserves
Oil futures dropped on Thursday as the U.S. announced its biggest-ever release from the nation's Strategic Petroleum Reserve. President Joe Biden authorized the release of...
Dow ends 550 points lower as investors close books on losing quarter
Stocks closed sharply lower Thursday, capping a volatile and losing quarter for major U.S. equity indexes. The Dow Jones Industrial Average fell around 550 points,...
Gas tax holiday not off table, White House says
A gasoline tax holiday remains an option under consideration as the Biden administration seeks to give Americans relief from high prices, a White House spokeswoman...
Biden to invoke Defense Production Act for electric vehicle battery materials
President Biden's order could help companies receive government money for studies on projects that extract materials like lithium and nickel for EV production.
Booking Holdings CEO says higher prices haven’t dented summer travel demand yet
After two years of Covid disruptions, "prices can be really high and people are saying, 'I don't care,'" Booking Holdings CEO Glenn Fogel told CNBC.