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...
First Solar stock dives after BofA Securities turns bearish, as ‘all the good news is priced in’
Shares of First Solar Inc. took a 4.5% dive in midday trading Tuesday, after BofA Securities analyst Julien Dumoulin-Smith turned bearish on the solar power...
Gold futures finish lower, pressured by a rise in Treasury yields
Gold futures finished lower on Tuesday, pressured by a rise in U.S. Treasury yields. The yellow metal saw a modest decline "while lacking any real...
Biden to extend student-loan repayment pause to Aug. 31
The Biden administration on Wednesday plans to announce another reprieve for student-loan borrowers from monthly repayments, according to multiple published reports on Tuesday citing unnamed...
Domino’s Pizza franchise projection falls short of analyst expectations, driving downgrade
Domino's Pizza Inc. was downgraded to market perform from outperform at Cowen after the pizza chain's franchise projection fell short of analyst expectations. Cowen cut...
Natural-gas futures jump by nearly 6%; oil settles lower
Natural-gas prices rallied Tuesday, buoyed by the recent rise in coal prices amid a proposed European ban on Russian energy. The long-term focus for the...