Articles

Jobless claims climb to nearly 3-month high of 224,000, Layoffs creeping higher?

The number of Americans who applied for unemployment at the end of January rose to a nearly three-month high of 224,000, possibly a sign of some softening in what’s been an incredibly strong labor market.

New York Community Bancorp’s stock rebounds on bullish outlook for net interest income

Bank provides additional guidance after its stock drops 37% after its surprise fourth-quarter loss.

49ers star Christian McCaffrey hopes to hand off his perk-packed North Carolina chateau for $12.5 million

With a panic room, theater room, an elevator, a wine cellar, and lakefront access, the grand mansion in Mooresville, N.C., is listed for $12.5 million.

Seniors could soon get a big break on drug prices

The federal government will begin negotiating prices on 10 costly prescription drugs covered by Medicare.

Meta earnings: What to expect today from the Facebook parent company

Meta Platforms Inc.’s surging stock is expected to advance even further Thursday when the social-media company is expected to announce a bump in advertising revenue in its fourth-quarter results.

Virgin Galactic shares climb premarket after two-day slide

The stock is down five of the last six days and ended Tuesday’s session down 6.8%, registering its biggest daily percentage decline since Jan. 16.

Royal Caribbean stock jumps as strong start to ‘wave season’ sparks upbeat outlook

Royal Caribbean’s stock surged toward pre-pandemic levels Thursday, after the cruise operator reported fourth-quarter profit and a full-year outlook that were better than Wall Street expected, citing record bookings to start the Wave season.

This fund is shorting Apple — and just bet against another popular AI stock

Bireme Capital say they are shorting Apple, which reports results after the close on Thursday.

Peloton sees revenue fall but beat estimates for holiday quarter

The maker of connected fitness equipment beat the consensus view in the holiday period.

Julius Baer CEO exits bank over losses on private loans to bankrupt property firm Signa

The Swiss bank said it lost CHF 596 million ($678 million) on private loans to the Austrian real estate company

Elon Musk to move for Tesla shareholders to vote on reincorporating in Texas

Elon Musk said Thursday he will move to allow Tesla Inc. shareholders vote on whether the EV company should switch its incorporation to Texas from Delaware, after a judge in that state voided his $56 billion pay package in a ruling on Tuesday.

Max is back on top: Here’s what’s worth streaming in February 2024

February boasts the final season of “Curb Your Enthusiasm,” the return of network shows like “Abbott Elementary” and “Ghosts” and blockbusters like “Mr. & Mrs. Smith” and “Shōgun.”
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