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Wall Street
Pandemic on Wall Street causes rising levels … of bonuses
Just as most of us are feeling the effects of soaring inflation, which the Office for National Statistics said last week had reached a 10-year high of 5.1%, wealthy bankers and traders are looking forward to receiving extraordinarily…
Global food prices are soaring. Rice could be next
The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the…
Inflation, Jobs Data Due As Rally Shows More Weakness
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures, with some important jobs and inflation data due before Thursday's open.
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The stock market rally searched for direction Wednesday. The…
Biotech rout in 2021 has led to some massive hedge-fund losses
Biotech stocks have fallen to earth with a thud in 2021 after soaring last year amid excitement over the development of COVID-19 vaccines, dealing big losses to some hedge funds. The sector is being buffeted by…
Cosmetics maker Revlon nears chapter 11 filing
Check out what's clicking on FoxBusiness.com. Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent…
Ukraine blasts Canada’s decision to return Nord Stream 1 turbine to Germany
US Secretary of State Antony Blinken speaks during a press conference in Bali, Indonesia, on Saturday. (Stefani Reynolds/Pool/AFP/Getty Images)US Secretary of State Antony Blinken rebuked China for supporting Russia after he met with his…
Stocks fall again, head for worst quarter since early 2020 | WTOP News
Stocks fell on Wall Street in afternoon trading Thursday, on pace to end the market's worst quarter since the early days of the pandemic.
TOKYO (AP) — Asian benchmarks were mostly lower on…
GameStop Missed Its Earnings Forecasts
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GameStop stock could see renewed interest after the company reports…
GameStop debuts crypto and NFT wallet that ‘markets don’t value’ right now
In a bid to switch from a brick-and-mortar retailer to an e-commerce and crypto company, GameStop (GME) is releasing a “beta version” of its crypto and NFT wallet.Now available for through Google Chrome’s app store, the video game…
U.S. Jobless Claims Fall to Lowest Level in 52 Years
A strong economic recovery and persistent labor shortage pushed jobless claims to their lowest level in more than half a century last week, just 18 months after the pandemic prompted six million workers to file for unemployment in one…