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Corrects the historical for the level of claims. The numbers: Initial jobless claims rose by 22,000 to 264,000 in the week ended May 6, the Labor…
Icahn Enterprises LP’s stock was trading down 0.7% Thursday, after short seller Hindenburg Research intensified his bearish bet on Carl Icahn’s investing arm, and said he’s…
Traders at the New York Stock Exchange. Spencer Platt/Getty Images It isn’t time to get bullish just yet, but darn, we’re getting close. For now, the…
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Watch full video on YouTube
The stock market has stayed resilient this year after a brutal 2022 that was roiled by persistent inflation, the Federal Reserve’s interest rate hikes, Covid shutdowns…
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday that provides more hope that inflation is at least trending lower.The…
LONDON — Revolut’s chief financial officer, Mikko Salovaara, is leaving the digital bank after two years, citing personal reasons.”I am grateful for the opportunity to serve…
January 2004. I’d been in the financial business for five years. Having spent the first four on the institutional side, I was a newly minted financial…
Ferrari, purveyor of exotic sports-cars to the super-rich, keeps on surprising investors by outperforming profit estimates and as the new Purosangue SUV goes on sale, the…