Stocks trade at or near session lows as investors weigh Fed balance-sheet plans
Stocks fell back to or near session lows after briefly trimming losses following the release of minutes from the Federal Reserve's March policy meeting Wednesday...
U.S. oil futures settle below $100, at lowest in three weeks
Oil futures declined Wednesday, with U.S. prices ending the session below $100 a barrel --- at their lowest since mid-March. The International Energy Agency's Executive...
Fed raises possibility of future mortgage-backed securities sales in FOMC minutes
The Federal Reserve eventually could resort to selling off mortgage-backed securities on its balance sheet, according to the minutes of the central bank's last strategy...
: iFit withdraws IPO following postponement in October
NordicTrack brand owner iFit Health & Fitness Inc. is scrapping its plans for an already postponed initial public offering, according to a filing with the...
Nasdaq sinks more than 2% as stocks end lower after Fed minutes
Stocks ended lower but off their worst levels, with the tech-heavy Nasdaq Composite bearing the brunt of selling pressure for a second session Wednesday after...
Costco sales rise nearly 19% in March
Costco Wholesale Corp. said late Wednesday its March sales rose 18.7% to $21.61 billion, from $18.21 billion in March 2021. Comparable-store sales rose 17.2%, including...
Biden announces 2 nominees for SEC
President Joe Biden on Wednesday announced two nominees for the Securities and Exchange Commission. A White House statement said Biden is tapping Jaime Lizárraga, currently...
Schumer schedules Senate vote for Thursday to confirm Ketanji Brown Jackson to Supreme Court
A Senate floor vote on the confirmation of Judge Ketanji Brown Jackson to serve on the U.S. Supreme Court has been set for Thursday at...
Facebook parent looking at Zuck Bucks for the metaverse, report says
Meta Platforms' financial arm, Meta Financial Technologies, has been exploring the creation of a virtual currency for the metaverse, the Financial Times reported, citing people...