The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely around expectations. The blue-chip Dow climbed 574.84 points, or 1.51%, to 38,686.32, lifted by Salesforce and UnitedHealth’s respective advances of 7.5% and 2.8%. The S&P…
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down,…
Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay…
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident…
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income…
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re…
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that…
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020,…
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would…