Gold books best day in a week Friday, as hot inflation data rattles Wall Street
Gold prices soared on Friday after May inflation data came in hot, shattering hopes that high costs of living in the U.S. might be buckling...
Dow skids nearly 900 points Friday, stocks book sharp weekly losses after hot inflation reading
Major U.S. stock indexes finished sharply lower Friday, after a May reading of inflation showed no signs of a slowdown in high costs of living....
Coronavirus tally: Three key U.S. tourist destinations are seeing highest case numbers in latest sign pandemic is not over
COVID cases are spreading fastest in three key warm-weather tourist destinations in the U.S.,the New York Times reported Friday. Miami-Dade County in Florida, Honolulu County...
China-owned Smithfield Foods closing operations in Vernon, Calif.
Smithfield Foods Inc., which is a unit of China's WH Group Ltd. , said Friday it will cease all harvest and processing operations in Vernon,...
FDA committee votes in favor of Bluebird’s gene therapy for rare neurodegenerative disease
A Food and Drug Administration advisory committee on Thursday voted 15-0 that the benefits of Bluebird Bio Inc.'s experimental gene therapy outweigh the risks for...
Activision Blizzard to start ‘good faith’ talks with QA employees who chose to unionize
Activision Blizzard Inc. Chief Executive Bobby Kotick sent a letter to employees Friday, after a majority of quality assurance (QA) employees at subsidiary Raven Software...
Goldman slashes rating on Netflix and eBay to sell on caution around U.S. consumer
In a note on the internet sector, Goldman Sachs downgraded several stocks, moving Netflix , eBay , Roblox and Frontdoor to sell from neutral and...
Dow drops almost 600 points as U.S. stocks fall sharply Friday morning on surging inflation
All three major stock benchmarks were trading sharply lower Friday morning after government data showed inflation surged more than expected in May to the highest...
All 30 Dow stocks fall, with Goldman and Home Depot stocks the biggest drags
All 30 components of the Dow Jones Industrial Average are falling Friday, as data showing inflation continued to surge fueled another broad-market selloff. The Dow's...