In One Chart: Economist who anticipated bank failures says U.S. recession may be just around the corner
An economist who delivered a prescient warning about the health of the U.S. banking system is now saying a long-awaited U.S. recession could finally arrive...
: Why Intel is the Dow’s worst performer for the second day in a row
Intel said Wednesday it was providing more transparency into its manufacturing arm as the chip maker focuses on making its foundry business more competitive.
: Powell calls forecast of two more rate hikes this year ‘a pretty good guess’
Fed Chairman Jerome Powell on Wednesday noted that there is strong support among his colleagues for two additional 25 basis point rate hikes this year....
: Uber to cut 200 recruiters in cost-savings measure: WSJ
Uber Technologies Inc. UBER will cut about 200 recruiters in order to save costs, the Wall Street Journal reported Wednesday, citing an internal company memo....
: Palantir stock falls into ‘correction’ territory amid a 3-day losing streak
Shares of Palantir Technologies Inc. PLTR took a 7.5% dive in afternoon trading Wednesday, putting them on track for a third-straight loss, which would be...
: FDA approves Eli Lilly and Boehringer Ingelheim’s Jardiance for children 10 and older with type 2 diabetes
The U.S. Food and Drug Administration has approved the use of Jardiance 10 mg and 25 mg tables to lower blood sugar along with diet...
: Overseas Shipholding’s stock climbs toward 6-year high after doubling its buyback program to $20 million
Shares of Overseas Shipholding Group Inc. OSG powered up 7.8% toward a six-year high in afternoon trading Wednesday, after the oil tanker operator said it...
U.S. regulators approve sale of cell-cultured chicken by two startups
Outside the U.S., only Singapore has issued approval for the sale of cell-cultured meat.
Mark Cuban says successful people share 1 trait ‘most people’ don’t have: It’s ‘the one thing in life you can control’
The key to success, says billionaire entrepreneur and investor Mark Cuban: expending as much effort as possible, particularly in the workplace. Here's why.