Spread on 2- and 10-year Treasury yields shrinks to almost minus 80 basis points, remains at most inverted level in 41 years
One of the bond market's most widely followed recession gauges dipped further below zero on Wednesday, signaling deepening concerns about the U.S. economic outlook. The...
Bentex children’s clothes with Disney characters recalled for lead poisoning hazard
Bentex recalled on Wednesday about 87,000 children's clothing sets in nine different Walt Disney Co. characters and themes for a lead poisoning hazard, according to...
MarketWise CEO resigns effective immediately, after 5 years in charge
MarketWise Inc. said Wednesday that Chief Executive Mark Arnold has resigned, effective immediately, after five years in the role and nearly 10 years with the...
: U.S. stocks open flat as investors await Fed minutes
U.S. stocks opened flat on Wednesday as investors awaited the release of minutes from the Federal Reserve’s November policy meeting, where they hope to glean...
Cowen sees rising risk of rail strike
Cowen analysts on Wednesday said the possibility of the first U.S. rail strike since 1991 is currently at about 30% after statements earlier this week...
Life sciences company Azenta enters $500 million ASR with JP Morgan Chase
Life sciences company Azenta Inc. said Wednesday it has entered an accelerated share buyback agreement with JP Morgan Chase Bank to buy back $500 million...
Wedbush takes Jack in Box off its Best Ideas list
Wedbush on Wednesday said it is removing Jack in the Box Inc. from its Best Ideas List but maintained its outperform rating on the restaurant...
Netflix stock chart produces first bullish ‘golden cross’ in 15 months
Shares of Netflix Inc. edged up 0.2% in premarket trading, as the first bullish "golden cross" chart pattern in 15 months. Many Wall Street chart...
Coronavirus tally: Fauci says U.S. unlikely to see same COVID case surge this winter but urges Americans to get updated booster
The U.S. is unlikely to suffer the same surge of COVID infections this winter as it did last year, when the omicron variant first emerged...