President Biden tapped Philip Jefferson to serve as the vice chair of the Federal Reserve, and chose Adriana Kugler to join the central bank’s board.
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Southwest Airlines has ‘difficult decisions’ ahead as it works to boost profit, COO says in video message
Southwest Airlines’ chief operating officer has told staff there are “difficult decisions” ahead, as the troubled airline seeks to move...
Tesla’s stock has beaten the S&P 500 lately. Here’s what could drive more gains.
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Cantor Fitzgerald’s Howard Lutnick breaks into interest-rate futures market to challenge behemoth CME
Howard Lutnick, the head of investment bank Cantor Fitzgerald and financial-technology company BGC Group, is breaking into the interest-rate futures...
Nike’s stock falls after analyst’s warning that a ‘negative catalyst’ looms
Nike’s stock fell Monday, after J.P. Morgan warned investors that the athletic apparel and gear giant’s quarterly results could cause...
U.S. business activity suffers small loss of momentum in September, PMI shows
Optimism about the outlook in the year ahead deteriorated sharply to the lowest level since October 2022, in part due...