Articles

Faraday Future Intelligent Electric Inc. shares are down 15.8% in premarket trades after the electric vehicle startup announced a reverse stock split.

Claims fall to 227,000 vs. 235,000 estimate

Index improves slightly to negative 4.7, above forecast

Parent of Coach, Kate Spade and Stuart Weitzman brands says its results beat its prediction

Vice President Kamala Harris’s campaign said she will call for what it says is the first-ever federal ban on corporate price gouging.

The cost of basic school supplies, often hundreds of dollars per child, is “an unanswered piece of why it’s so expensive to raise a child in America today.”

The Chinese e-commerce giant outstripped expectations as it successfully increased its margins despite achieving just a small uptick in revenue

Six Flags is also expanding its All-Park Passport Add-On, and upgrading food and beverage facilities.

Debt floods the financial system, recession fears rise, and the Fed might not cut rates on cue.

By category, cosmetics was the strongest performer, while mean’s clothing, accessories and shoes were the weakest.

Alibaba came up short with revenue from its Tmall and Taobao e-commerce marketplaces, though cloud revenue exceeded estimates.

Oil futures were up slightly Thursday morning, attempting to bounce after back-to-back declines.