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Mohammed El-Erian took to social media on Wednesday to post a chart, drawing on International Monetary Fund research, showing that the U.S. has depleted pandemic savings faster than other economies.

Urban Outfitters’ stock sank Wednesday after it got dressed down by Jefferies analyst Corey Tarlowe, who said he’s seen a “notable deceleration” in foot traffic at the apparel and accessories retailer’s stores.

The tech sector layoffs that characterized 2023 have continued into 2024 with a number of big-name companies announcing cuts.

Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans

Retail and marketing experts say the warehouse chain casts its spell on customers in a variety of ways.

The International Monetary Fund on Wednesday turned its spotlight on the growing U.S. fiscal deficit, warning that it is now a risk to both the domestic economy and global economy.

The economy is on track to expand by at least 2% for the seventh quarter in a row. Just how strong is that? The last time the U.S. pulled off such a feat was 20 years ago.

Abbott Laboratories on Wednesday reported first-quarter sales and profit that topped expectations amid strength in its medical-device business.

Tesla’s proxy showed that Elon Musk continued to receive no compensation for his role — but it also formalized the company’s latest attempt to change that.

Shares of Travelers Companies Inc. took a hit Wednesday, after the property casualty insurer missed expectations for first-quarter profit, combined ratio, and net premiums written, while total revenue beat views.

Crude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs reached earlier this month.

FTC’s five commissioners are due to meet next week to discuss the $8.5 billion deal.