Texas Roadhouse board OKs $300 million stock buyback
Texas Roadhouse Inc.'s board of directors have authorized a $300 million share buyback program, effective immediately, the restaurant chain said in a filing with securities...
U.S. stocks end higher Friday, with indexes sweeping to best weekly gains since Nov. 2020
U.S. stocks finished higher on Friday, with all three U.S. indexes sweeping to big weekly gains, after the Federal Reserve raised its benchmark rate for...
GM to buy Softbank’s stake in Cruise for $2.1 billion
General Motors Co. is making a bigger bet on its autonomous-driving unit Cruise, saying late Friday it was buying Softbank Vision Fund's stake in the...
Halliburton winding down Russian operations
Halliburton Co. said late Friday it has suspended future business in Russia as it complies with sanctions following the invasion of Ukraine. "Halliburton will prioritize...
Gold settles lower, then moves up after Fed announces first interest-rate hike since 2018
Gold futures settled lower on Wednesday, then headed higher in electronic trading after the Federal Reserve announced the first interest-rate increase since 2018. Fed officials...
Dow turns negative, Treasury yield curve flattens after Fed delivers quarter-point rate hike
Stocks erased or trimmed gains in afternoon trade Wednesday after the Federal Reserve, as expected, delivered a quarter-point rate increase. The Dow Jones Industrial Average...
Powell and three more Biden Fed nominees to get Senate committee vote Wednesday
The Senate Banking Committee on Wednesday will vote to advance the re-nomination of Federal Reserve Chairman Jerome Powell, as well as three other individuals nominated...
Oil futures settle lower for a third straight session
Oil futures finished Wednesday with a loss for a third consecutive session, with the U.S. oil benchmark at its lowest settlement since Feb. 25. Data...
White House calls for gasoline stations to lower prices after oil’s drop
White House press secretary Jen Psaki on Wednesday urged operators of gasoline stations to pass on the recent retreat in oil prices to Americans. "Retail...