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Most actively managed U.S. mutual funds focused on large-cap stocks failed to beat their Russell benchmarks last year, according to BofA Global Research.

The surprise move comes as the enterprise-communications software company battles two activist investors pushing for big changes at Twilio.

Shares of Europe's big shipping groups fell sharply on Monday after a report said carriers had entered an agreement with Yemen's Houthi that would stop the Iran-backed militia attacking vessels in the Red Sea.

New York Fed's latest survey also asked participants what their household financial situation would look like a year from now.

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Fed may achieve a 'soft landing' for the U.S. economy.

A shutdown "remains possible," but there are signs of progress.

Smokeless-firepit maker also named former chief executive of Vista Outdoor as its new president and chief executive.

No less than 10 fund companies have filed the necessary paperwork to launch a spot bitcoin exchange-traded fund (ETF) and await a final decision from U.S. financial regulators on whether they can start trading this week.

A team of strategists at UBS Group's wealth-management arm has lifted its 2024 price target for the S&P 500, joining a growing chorus on Wall Street that expects stocks to reach record territory before the end of the year.

Consumer optimism rose on the back of expectations around rates falling, a new Fannie Mae survey shows.

3M Co. said Monday that it plans to end its pension plan for non-union U.S. employees in five years.