This is how much Mattel’s $600 million buyback could boost earnings
Mattel is ramping up its share repurchase efforts. Analyst firm UBS expects an earnings boost from the toy maker.
Big Tech is again slammed into a wall on Wednesday
A big slump in some of the megacap technology names was again putting pressure on the broader stock market on Wednesday. The S&P 500's communication-services sector was tumbling 2.7% as of 10 a.m.
The biggest part of the U.S. economy cools off early in the new year. So does inflation.
The numbers: The large service side of the U.S. economy in which most people work cooled off in January — as did inflation — ...
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Dow's 140-point fall led by losses for shares of UnitedHealth, Merck
The Dow Jones Industrial Average is down Wednesday morning with shares of UnitedHealth and Merck seeing the biggest drops for the price-weighted average.
I’m retiring this year, my husband is disabled and ‘my situation is a bit complex.’ Oh, and I don’t like my financial planner. Now what?
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U.S. stocks open lower after weak Alphabet earnings, strong ADP employment report
U.S. stock indexes were edging lower on Wednesday morning after Alphabet Inc. posted a revenue miss and said it was [ramping up its spending on artificial intelligence.]( ...
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because ...
Longer-dated Treasury yields fall after Trump's Mideast comments
Longer-term Treasury yields fell early Wednesday in a "flight-to-safety" trade following President Trump's comments about Gaza, sparking "fears of an all-out regional war in the Middle East," ...
No need to hike interest rates unless economy is overheating, Fed’s Barkin says
The only reason for the Federal Reserve to hike rates would be if the economy was overheating and there are no signs of that in the data, Richmond Fed President Tom Barkin said Wednesday.
Embraer Gets Order From Flexjet Worth Up to $7 Billion
Embraer received an order from luxury private aircraft company Flexjet for a fleet of its business jets, in a contract worth up to $7 billion. The aerospace company said the order, which includes its ...
Pasithea Therapeutics Shares Rise After Positive Safety Review for Cancer Treatment
Pasithea Therapeutics shares were up 67% to $3.46 in premarket trading after the company said that an external safety review committee recommended that its Phase 1 clinical trial of PAS-004 in ...