Shares of Amazon.com Inc. (NASDAQ: AMZN) surged 2.0% in Thursday afternoon trading, pushing it above the 50-day moving average (MA), which many analysts see as a short-term trend indicator. This…
Gold futures rose on Thursday, ending a seven-session streak of declines, the longest decline in more than three years. August gold rose $3.20, or 0.2%, to $1,739.70 an ounce a…
Federal Reserve Governor Christopher Waller said today he supports a 75 basis point hike in interest rates this month and a smaller 50 basis point increase at the next meeting…
Re/Max Holdings Inc. (NYSE: RMAX) said late Thursday it expects to cut its workforce by about 17% by the end of the year, mostly technical jobs. A real estate company…
Retailer Costco (NASDAQ: COST) posted net sales of $22.78 billion in June. This is more than the $18.92 billion received in the same period a year earlier.
US stocks closed higher on Thursday, with the S&P 500 and Nasdaq Composite posting gains for the fourth day in a row. The S&P 500 rose 1.5%, the Nasdaq Composite…
Oil futures fell sharply on Tuesday as prices fell below $100 a barrel, their lowest level in more than two months. This came under pressure from a stronger US dollar…
The stock market started Tuesday’s session on concerns about future economic growth. By the end of the day, these fears gave way to a sense of relief about a possible…
The Biden administration continues to consider various options for tariffs on Chinese goods, the White House said Tuesday. Prior to this, the administration announced that it would soon cancel some…
Global Cord Blood Corporation (NYSE: CO) reported a decline in Q4 earnings compared to last year. The company’s profit was 104.72 million yuan (0.86 yuan per share), compared with 127.73…