U.S. stocks open mixed, with Dow up as investors assess inflation reading
U.S. stocks opened mixed Friday after a reading from the Federal Reserve's preferred inflation gauge showed that the cost of living is still running hot....
Fed-funds futures traders boost likelihood of half-point rate hike next week to 16%
Traders see a slim, but growing, chance that the Federal Reserve will surprise markets by delivering a 50-basis-point rate hike next Wednesday. They put the...
: Douglas O’Donnell to take post as acting IRS commissioner next month, Treasury says
Treasury Secretary Janet Yellen on Friday designated Douglas O’Donnell as acting IRS commissioner, saying he will head the agency following the end of Commissioner Charles...
: Oil prices end lower for the session, higher for the week
Oil futures settled lower on Friday as COVID-19 restrictions in China fed worries about energy demand, but U.S. prices still marked their first gain in...
Google plans legal fight against India regulators’ antitrust actions: report
Alphabet Inc.'s Google is preparing a legal fight over $275 million in fines by Indian regulators for antitrust violations last week that Google claims would...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish...
Verizon stock headed for its biggest gain of the year, remains highest-yielding Dow component
Shares of Verizon Communications Inc. were rallying toward their best single-day performance this year Friday, bucking what's been a tough recent stretch for the telecommunications...
Dow ends over 800 points higher as stocks cap a volatile week with big gains
U.S. stocks ended sharply higher Friday, capping a volatile week that saw Big Tech shares hammered after a series of disappointing earnings reports while industrials...
Meta stock suffers steepest weekly drop on record amid ‘colossal’ spending plans
Shares of Meta Platforms Inc. suffered their largest weekly plunge on record this week as the company's third-quarter earnings report met a chilly reception on...