U.S. stocks extend losses Thursday morning as Microsoft lowers earnings guidance
U.S. stock benchmarks were trading down Thursday morning, after Microsoft Corp. lowered its profit guidance for its fiscal fourth quarter. The Dow Jones Industrial Average...
OPEC+ agrees to boost output by 648,000 barrels a day in July and August
The Organization of the Petroleum Exporting Countries and its allies agreed Thursday to boost production in July and August by 648,000 barrels a day. That...
Retired NFL player Ricky Williams inks first deal to sell Highsman cannabis in the Northeast
Highsman cannabis, the brand founded by former NFL player Ricky Williams, on Thursday said it inked a manufacturing and distribution agreement with Tilt Holdings Inc....
Goldman COO Waldron sees ‘complex’ economic environment, but avoids Dimon’s hurricane analogy
Goldman Sachs Group Inc. COO John Waldron on Thursday characterized the U.S. economic environment as possibly the most complex, dynamic environment he's seen in his...
Home Depot launches kids line
Home Depot Inc. announced the launch of StyleWell Kids, a collection of home décor items for children. The line includes 65 items, including bedding and...
Hedge fund Tiger Global beaten up by tech selloff: CNBC
Tiger Global Management, a hedge fund run by Chase Coleman, has lost more than 50% of its value in 2022 including a 14.3% drop in...
Biden to prod Congress to act on gun violence in speech tonight, White House says
President Joe Biden on Thursday night will give a televised address on "the need for Congress to act to pass commonsense laws to combat the...
Market Extra: Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
Win McNamee/Getty ImagesHistory can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply.Inflation...
S&P Global stock sinks after guidance suspended, citing ‘extraordinarily weak’ debt issuance volumes
Shares of S&P Global Inc. sank 8.2% in premarket trading Wednesday, after the debt rating and analytics company said it was suspending its full-year financial...