Oil futures post a loss for the week on demand concerns
Oil futures settled lower on Friday, contributing to a loss for the week. Market bears are concerned that "oil demand may not persist amidst the...
Dow skids nearly 900 points Friday as stock selloff accelerates
Stocks fell sharply Friday afternoon, with the Dow down nearly 900 points as losses on Wall Street intensified ahead of the weekend. The Dow industrials...
2-year Treasury yield rises to nearly 2.72%, adding to its highest level since December 2018
The 2-year Treasury yield advanced two basis points to almost 2.72% on Friday, incrementally climbing to another fresh high last seen in December of 2018,...
Dow closes down 981 points Friday, books worst day since October 2020
Stocks finish sharply lower Friday to book weekly losses, as Wall Street focused on a potentially compressed timeline for the Federal Reserve to swiftly raise...
Stocks sharply lower, but trim losses as Fed’s Mester pours cold water on 75 basis point hike
U.S. stocks remained on track for the biggest one-day drop since early March, but came off session lows after Cleveland Federal Reserve Bank President Loretta...
Canada Goose launches eco-friendly fabric, Kind Fleece
Canada Goose Holdings Inc. announced on Thursday the launch of an eco-friendly fabric, Kind Fleece, which the luxury outerwear company developed as part of its...
Coinbase stock sinks toward a record low, after J.P. Morgan says it expects surprise ‘bigger loss’ in Q1
Shares of Coinbase Global Inc. sank 7.2% in afternoon trading Thursday toward yet another record low, after J.P. Morgan analyst Kenneth Worthington cut his stock...
U.S. oil futures end higher, but off the day’s best levels as traders weigh a potential European ban on Russian oil
U.S. oil prices finished with a gain Thursday, finding support from reports that the European Union is working on a plan to phase out oil...
Walt Disney stock heads for 17-month low as Florida, streaming troubles weigh
Shares of Walt Disney Co. slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly...