Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market
Read full article: Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job marketOil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.
Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higher
Read full article: Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higherA sell-off for stocks wrapped around the world and hit Wall Street, while oil prices climbed even higher on worries about the widening war with Iran.
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Read full article: Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AIShares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence.
Federal judge in Texas allows lawsuit against California attorney general over ExxonMobil remarks
Read full article: Federal judge in Texas allows lawsuit against California attorney general over ExxonMobil remarksA federal judge in Texas has ruled that California’s attorney general can face a defamation lawsuit over comments attacking ExxonMobil’s plastics recycling claims.
US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers
Read full article: US stocks drop after Trump ramps up his tariffs and investors dump potential AI losersU.S. stocks slumped after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution.
World shares mostly advance and Japan falls ahead of Lunar New Year holidays
Read full article: World shares mostly advance and Japan falls ahead of Lunar New Year holidaysGlobal markets have mostly advanced but Japan's Nikkei 225 dipped ahead of Lunar New Year holidays after new data showed weaker-than-expected economic growth in the latest quarter.
US stocks wobble after feeling both the upside and downside of a strong jobs report
Read full article: US stocks wobble after feeling both the upside and downside of a strong jobs reportU.S. stocks wobbled after feeling both the upside and downside of a surprisingly strong report on the U.S. job market.
US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging
Read full article: US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plungingThe U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.
US stocks hold near their all-time high while the dollar’s value stabilizes
Read full article: US stocks hold near their all-time high while the dollar’s value stabilizesFew ripples washed through Wall Street after the Federal Reserve decided to keep its main interest rate steady, just like investors expected.
Pinterest will lay off 15% of its workforce as the platform pivots resources to AI
Read full article: Pinterest will lay off 15% of its workforce as the platform pivots resources to AIPinterest plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence.
Wall Street sets a record while the US dollar's value slides again
Read full article: Wall Street sets a record while the US dollar's value slides againWall Street ticked to a record as stocks zigzagged underneath the market’s surface following mixed profit reports from UnitedHealth, General Motors and other big companies.
Fed expected to keep rates unchanged as Chair Powell pivots back to economics
Read full article: Fed expected to keep rates unchanged as Chair Powell pivots back to economicsAfter two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result.
US stocks rise as gold hits another record and the dollar's value sinks again
Read full article: US stocks rise as gold hits another record and the dollar's value sinks againU.S. stock indexes ticked higher, while other markets made louder moves, including another record-breaking rush for the price of gold.
Wall Street sinks as Trump threatens 8 European countries with tariffs over Greenland
Read full article: Wall Street sinks as Trump threatens 8 European countries with tariffs over GreenlandStocks sank on Wall Street after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.
Goldman Sachs and Morgan Stanley see double-digit profit jumps amid surging stock market
Read full article: Goldman Sachs and Morgan Stanley see double-digit profit jumps amid surging stock marketGoldman Sachs and Morgan Stanley have reported strong profits in the fourth quarter, driven by a surging stock market and increased deal making.
Top central bankers express 'full solidarity' with Fed Chair Powell in clash with Trump
Read full article: Top central bankers express 'full solidarity' with Fed Chair Powell in clash with TrumpCentral bankers from around the world have expressed full support for U.S. Federal Reserve Chair Jerome Powell.
Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
Read full article: Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings seasonWall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies.
Wall Street falls in light trading on the final day of 2025, another banner year for markets
Read full article: Wall Street falls in light trading on the final day of 2025, another banner year for marketsWall Street fell on the final day of trading for 2025, a banner year for markets that was driven by both optimism and uncertainty.
US stocks rise after the Fed cuts rates and hopes build for more
Read full article: US stocks rise after the Fed cuts rates and hopes build for moreThe U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026.
US stocks hold in place in the countdown to the Federal Reserve’s meeting on Wednesday
Read full article: US stocks hold in place in the countdown to the Federal Reserve’s meeting on WednesdayU.S. stocks largely held in place as Wall Street waits to hear what the Federal Reserve will say about interest rates.
Tariffs catch up to resurgent Build-A-Bear, overshadowing financial performance
Read full article: Tariffs catch up to resurgent Build-A-Bear, overshadowing financial performanceA strong quarter at Build-A-Bear Workshop in a bounce back year for the retailer was overshadowed by the growing weight of tariffs in an ongoing trade war waged by President Donald Trump.
Morning 4: Campbell Soup responds after VP secretly recorded slamming ‘bioengineered meat’ -- and other news
Read full article: Morning 4: Campbell Soup responds after VP secretly recorded slamming ‘bioengineered meat’ -- and other newsMorning 4 is a quick roundup of stories we think you should know about to start your day.
Wall Street swings through another erratic day ahead of a couple of crucial tests
Read full article: Wall Street swings through another erratic day ahead of a couple of crucial testsThe U.S. stock market swung through another unsettled day of trading, ahead of a couple of crucial tests for Wall Street.
Wall Street drops to one of its worst days since April on worries about AI stocks and interest rates
Read full article: Wall Street drops to one of its worst days since April on worries about AI stocks and interest ratesThe U.S. stock market tumbled to one of its worst days since its springtime sell-off.
Wall Street gains ground amid steady flow of earnings reports, upbeat economic updates
Read full article: Wall Street gains ground amid steady flow of earnings reports, upbeat economic updatesStocks gained ground on Wall Street following several upbeat economic updates and a steady flow of quarterly reports from U.S. companies.
Uber plans to offer autonomous taxi rides in San Francisco starting next year
Read full article: Uber plans to offer autonomous taxi rides in San Francisco starting next yearUber said Wednesday that the San Francisco Bay Area will be the first market for its specially built autonomous taxi, which is expected to launch in late 2026.
Wall Street sees major jump in profits, helped by soaring stock prices and deal making
Read full article: Wall Street sees major jump in profits, helped by soaring stock prices and deal makingWall Street has experienced one of its most profitable quarters, according to earnings reports from major banks on Tuesday.
Wall Street tumbles to its worst day since April after Trump threatens more tariffs on China
Read full article: Wall Street tumbles to its worst day since April after Trump threatens more tariffs on ChinaA monthslong calm on Wall Street shattered, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs higher on China.