Articles

President-elect Donald Trump late Tuesday announced Elon Musk and Vivek Ramaswamy will lead the “Department of Government Efficiency” in an effort to “dismantle government bureaucracy.”

Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.

The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.

Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.

Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its outlook for the year.

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.

Republicans appear on track to maintain their control of the U.S. House of Representatives in the new year, though yet again a narrow majority looks likely to cause headaches for GOP leaders.

Inflation took center stage during the 2024 presidential election. It isn’t gone, yet.

The recent surge in stocks on the U.S. election has so far coincided with a drop in Wall Street’s fear gauge, as investors watch market volatility for signs as to whether the rally will hold up.

Stocks have been on such a spectacular run lately. It’s easy to forget that it wasn’t always this way.

The outperformance of Wells Fargo & Co.’s stock over other big bank stocks continued Tuesday, as its touched an all-time high for the second straight day and a BofA analyst hiked his price target for the San Francisco-based financial giant.

MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.