Gold futures mark lowest finish in about 2 months
Gold futures fell on Monday to mark their lowest settlement in roughly two months. Strength in the U.S. dollar pressured prices for the precious metal,...
FDA formally approves Gilead’s Veklury for young children
The Food and Drug Administration said Monday it expanded the approval of Gilead Sciences Inc.'s Veklury to include pediatric patients between the ages of four...
Oil futures fall sharply, with U.S. prices ending at a 2-week low
Oil futures finished sharply lower on Monday, with U.S. benchmark prices marking their lowest finish since two weeks. Oil sold off amid the ongoing lockdowns...
Dow on track for biggest intraday bounce since February as it erases 488-point loss
A stock-market selloff took a breather Monday afternoon, with the Dow Jones Industrial Average on track for its biggest intraday bounce-back from negative territory since...
Tesla shares dip after CEO Elon Musk reaches deal to acquire Twitter
Tesla Inc. shares dipped slightly in afternoon trade, after Chief Executive Elon Musk reached an agreement to acquire Twitter Inc. , raising concerns about how...
Consumer Financial Protection Bureau prepares to study practices by non-bank lenders
The Consumer Financial Protection Bureau (CFPB) said Monday it's tapping a mostly unused legal provision to examine nonbank financial companies that pose risks to consumers....
Biden ‘concerned’ about social media’s power, regardless of who owns Twitter, White House says
White House press secretary Jen Psaki on Monday said President Joe Biden has concerns about social-media companies' power after Twitter's board agreed to a sale...
Nasdaq jumps 1.3% as major indexes close higher after erasing steep losses
All three major U.S. stock benchmarks closed higher Monday, recovering from losses earlier in the trading session, as Treasury yields fell and investors appeared to...
U.S. Dollar Index climbs to highest level since March 2020
The U.S. Dollar Index rose almost 0.7% on Friday to 101.25, a level last seen in March 2020 when investors world-wide piled into the greenback...