US stocks tumbled across the board on Friday after the July jobs report showed a further cooling in the labor market, fueling concerns the Federal Reserve's "higher for longer" interest-rate stance might end in recession and that the central bank...
Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years.The Atlanta beverage giant said it...
(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US economy is in good shape, though it’s unclear whether the labor market is getting back to normal rates of hiring or more seriously deteriorating.Most Read from BloombergBarkin...
The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636...
What a way to end the week. The market plunged again Friday, with the Dow closing down 600 points, the Nasdaq dropping 2.4% and the S&P off 6% from its recent all-time high.Market watchers pointed to three main culprits for...
Jim Cramer Says This Home Improvement Chain Is A Buy Ahead Of Fed Rate Cut Cycle: 'I Would Pick Some Up Tomorrow'Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.On CNBC’s "Mad...
Nike (NYSE: NKE) reports quarterly earnings on a different schedule than most public companies, and its updates often give the market a sense of what's happening in retail before they get other earnings announcements. Because Nike plays such a strong...
Tyler Le/BIFundstrat's Tom Lee advises buying the ongoing dip in stocks despite troubling economic data.Tech stocks have stumbled recently due to disappointing earnings and chip sector volatility.Lee says upcoming Fed guidance and potential rate cuts could shift markets in a...
Richard Drew/APUS stocks fell after a weak July jobs report raised concerns of a slowing economy.The US added 114,000 jobs in July, below estimates of 175,000, and the unemployment rate unexpectedly rose to 4.3%.Intel and Amazon's weak earnings reports also...
Michael Nagle / Bloomberg / Getty ImagesKey TakeawaysStock market volatility has surged in recent weeks. Over the last 10 days, the S&P 500's average daily move was 1.02%, the highest since March 2023.There wasn’t a single day that the S&P...
