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Investment-management giant BlackRock Inc. plans to lay off around 3% of its staff, or around 600 employees, the company said on Tuesday, amid what executives described as a "rapidly changing" economic backdrop and shifts in client demands.

Hedge funds climbed back into positive territory in 2023, with crypto and activist strategies surging, according to HFR.

Boeing's stock could continue to sell off over the near term, even if the latest 737 Max issues don't affect the aerospace giant's business very much, one investment manager said.

Shares of AMC Entertainment Holdings Inc. are down 3.1% Tuesday, putting the stock on pace for another record-low close.

A group of seven of the most valuable U.S.-traded companies is dominating the global equity market landscape.

The Federal Reserve has no plans to extend an emergency loan program it launched last year to bolster the capacity of the banking system in the wake of the collapse of Silicon Valley Bank.

Solar power is expected to be the top source of growth for U.S. electricity generation this year and next, as coal production and demand decline, according to a report from the Energy Information Administration.

Meta has faced a torrent of condemnation over the effects of its content on younger users, prompting Salesforce CEO Marc Benioff and others to compare the social-media giant to Big Tobacco, and rival Apple Inc. to blast Meta's data-privacy policies.

So much for all those youthful high achievers ---the KFC founder didn't find true success until late in life

Consumer credit just hit more than $5 trillion, but some see 'encouraging' signs.

Inflation traders are positioning for a slightly bigger-than-expected blip higher in the annual headline rate of Thursday's consumer price report for December, one that shouldn't matter much to the overall downward trajectory of price gains this year.

JetBlue's stock took a hard hit Tuesday, following an analyst's call to sell the stock and after the air carrier announced that its long-time chief executive was retiring for health reasons.