Market Extra: Stocks, junk bond ETFs fall after Fed’s policy decision
Stocks and exchange-traded funds that buy high-yield corporate bonds fall Wednesday afternoon after the Federal Reserve raised rates and projected its benchmark rate may peak...
: Tesla stock teeters near under-$150 mark as Elon Musk promises ‘benefit’ from Twitter ownership
Another day, another leg lower for Tesla Inc. stock, which on Wednesday was about $10 from trading under $150 and went the opposite direction of...
The Ratings Game: Apple is seeing better iPhone wait times, but that’s still ‘not enough,’ says analyst
Another analyst is cutting his iPhone targets for the year amid production challenges for Apple Inc.
The Fed: Fed bets on strong jobs market to keep U.S. out of recession
The Federal Reserve is worried a tight labor market might fuel high inflation, but it is also betting on the strong demand for labor to...
Exxon plans extra capacity for plastic recycling
Exxon Mobil Corp. said Wednesday it plans on additional global capacity to recycle 1 billion pounds of plastics by the end of 2026, and one...
Goodyear names Christina Zamarro its new CFO
Goodyear Tire & Rubber Company said Wednesday it has appointed Christina Zamarro as its new chief financial officer, reporting to Chief Executive Officer Richard J....
Novavax stock sinks after proposed $125 million share sale, convertible debt offering
Shares of COVID-19 vaccine maker Novavax Inc. on Wednesday sank 11% after the company announced a proposed offering to sell millions of its debt and...
Crypto: Crypto money laundering would face crackdown under bipartisan Senate bill
Sens. Elizabeth Warren and Roger Marshall proposed new steps to crack down on cryptocurrency money laundering in the wake of charges against FTX founder Sam...