Big Tech stocks retreated in early trade on Thursday after helping to propel the Nasdaq Composite north of 20,000 for the first time one day earlier. Six out of seven members of the Magnificent Seven ...
The digital-media company's "First We Feast" brand produces media content and merchandise focused on food. The brand is best known for its popular YouTube talk show "Hot Ones," in which celebrities ...
U.S. Treasury yields were little changed Thursday morning, as investors weighed reports showing a surprise increase in initial jobless claims and a rise in wholesale inflation. The yield on the ...
U.S. stocks opened mixed on Thursday, with the Dow initially trading slightly higher while the Nasdaq Composite and S&P 500 pulled back. Weakness in technology stocks following a disappointing ...
OTTAWA--Canadian building permits fell in October, following an 11.5% gain in the prior month. Even with the month-over-month drop, the total value of permits in October was the fourth-highest on ...
Equity futures pulled back after this morning's PPI and jobless data. Despite the fact that inflation came in a little hotter than expected, traders may be more focused on the jump in jobless claims ...
The Federal Reserve is likely to proceed with a quarter-point rate cut next Wednesday despite a stronger-than-expected overall producer-price index, but what happens in 2025 could be up in the air, ...
Gold prices also tumbled after Thursday's inflation report. Prices of futures contracts tied to the yellow metal were down 1.2% in recent trade at $2,725 an ounce. "Gold and silver prices are weaker ...
Meanwhile, a closely watched gauge of household debt fell in the third quarter to a new post-pandemic low. This is a sign that, overall, households appear to be managing higher costs for goods and ...
Thursday's inflation report came in slightly hotter than expected, which could heap additional pressure on stocks after the opening bell rings, according to one portfolio manager. "So post-CPI, ...
At the Q&A session, European Central Bank President Christine Lagarde said there was a discussion of a 50 basis-point rate cut at the governing council meeting. She did highlight concern that services ...