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Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the […]
As Covid restrictions eased, rebounds in the leisure and hospitality and business sectors helped to drive a strong March jobs report. The US economy added more than 400,000 jobs in the final month of the first quarter, the Labor Department said Friday. Leisure and hospitality, which includes hotels, restaurants and amusement parks, added a net […]
new York CNN Business — Kohl’s is pushing back against intense pressure from Wall Street to make changes or sell the company. The retailer sent a sharply worded letter to shareholders Thursday ahead of the its annual meeting in May, urging them to reject an activist investor’s efforts to gain control of the company and […]
US stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. A selloff accelerated on Wednesday afternoon after major indexes spent much of the day narrowly in the red. That left stocks on track to lose ground in the 2022’s […]
A flag outside the US Securities and Exchange Commission headquarters in Washington, DC, US, on Wednesday, Feb. 23, 2022. Al-Draco | Bloomberg | Getty Images The Securities and Exchange Commission on Wednesday debuted a host of new rules for SPACs that, if enacted, would mark one of the broadest attempts to date at cracking down […]
US stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. The S&P 500 slipped 0.2% in early trading Wednesday, while the tech-focused Nasdaq Composite Index lost 0.2%. The Dow Jones Industrial Average was recently down less than 0.1%. On […]
US equities futures dipped slightly on Wednesday after stocks extended their rally in the previous session, even as fears of an inverted yield curve sparked recession concerns and continued investors watching developments play out in Ukraine. Futures tied to the Dow Jones Industrial Average slipped by 57 points, or 0.2%. S&P 500 futures fell 0.2%, […]
US stock indexes rose at the opening and bond yields edged closer to flashing a recessionary warning signal Tuesday. The technology-heavy Nasdaq Composite led the major indexes in early trading, gaining 1.1%, or about 158 points. The Dow Jones Industrial Average gained about 0.8%, while the S&P 500 added 0.7%. On Monday, major indexes rose […]
Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $28 per share. The deal is worth $16 billion, including assumed debt. FedEx (FDX) – FedEx CEO Fred […]
US stocks wavered and bond yields remained near their highest level in three years with investors preparing for a campaign of interest-rate increases from the Federal Reserve. The S&P 500 was up about 0.1% in early trading Monday. Last week, US stocks rebounded for a second consecutive week. The tech-focused Nasdaq Composite rose 0.5%, while […]
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