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Mastercard Inc. has demanded that U.S. financial institutions block cannabis purchases on its debit cards, in another setback for the legal marijuana industry.

Samsung Electronics posted above-consensus quarterly earnings despite an 84% drop in net profit for the second quarter, as the South Korean tech giant sees the memory-chip industry passing through a trough.

More bad news for the would-be homebuyers after the U.S. Federal Reserve raised the benchmark rate by 25 basis points on Wednesday.

Get ready for a new season of 'Heartstopper,' more 'Lincoln Lawyer,' all seasons of 'Ugly Betty' and much more.

The Fed staff doesn't see a recession anymore and other things we learned from Powell press conference.

After the "Barbie" movie rocketed to the status of global phenomenon, Mattel on Wednesday talked about the film as a "template" for other opportunities.

Facebook parent Meta Platforms Inc. is raking in digital ads, as its earnings attest, and Wall Street is rewarding it. The company's stock initially is up more than 7% in after-hours trading Wednesday.

Expect more volatility in stocks in the coming months, says James McCann, deputy chief economist at abrdn, after the Federal Reserve on Wednesday bumped up rates to a 5.25%-5.5% range and left door open to future rate hikes. 

Shares of Imax Corp. rallied after hours on Wednesday after the high-end movie-theater operator reported second-quarter results that beat estimates.

A private-equity cash infusion is part of the merger between PacWest and Banc of California. One analyst expects a wave of deals for smaller banks.

EBay Inc. shares fell in the extended session Wednesday after the online marketplace's earnings outlook fell short of the Wall Street consensus.

Mattel Inc. on Wednesday reported second-quarter results that beat estimates, but the toy maker held to its full-year outlook.