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Traders are growing increasingly anxious about the possibility that they, along with Federal Reserve policy makers, have underestimated the longevity of U.S. inflation — potentially putting calls for three quarter-point interest-rate cuts this year in jeopardy.

Target has cut jobs for two straight years but increased its store count in each of the past nine years.

Bad news for guacamole lovers: Mission Produce says avocado prices will go up this quarter.

UBS cuts its estimate on Tesla’s sales for the year, pinning it on slower EV demand in the U.S. and Europe and lower production in North America and Europe, among other concerns.

“She signed out of fear and after she had just gotten out of the hospital.”

Nvidia shares are on track for their fourth decline over the past five trading days.

NYCB also sold a commercial cooperative loan for an undisclosed gain.

Analyst Kazuya Nishimura says Goldman may offer ‘the strongest profit growth potential’ among major banks

The 30-year mortgage rate is averaging at 6.74% Freddie Mac said in its latest weekly survey on Thursday.

Momentum stocks have dominated the market over the past year, causing their weighting in the S&P 500 to swell to its highest share in history, according to a report from market strategists at Piper Sandler.

AMC Entertainment Holdings Inc. has clinched a deal with Comcast Corp.’s NBC to show live daytime coverage of the Paris Olympics at 160 of the company’s U.S. theaters.

Savings yields soared in 2023—and all that interest income is now showing up on people’s tax returns.