After turning in a mixed performance on Friday, U.S. stocks climbed higher on Monday, riding on the strength of technology shares.
Co-founder and CEO of Meta Platforms (META) Mark Zuckerberg has called off his widely publicized cage match with Tesla (TSLA) CEO Elon Musk.
Zuckerberg made the decision just two months after taking up Musk's challenge for a bout. The tech mogul on Sunday said that Musk is not serious about the challenge...
Following the mixed performance seen last Friday, stocks have moved mostly higher during trading on Monday. The Nasdaq and the S&P 500 have climbed into positive territory, although the narrower Dow has spent the day lingering near the unchanged line.
If global temperatures keep rising and reach 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels, communities worldwide could face multiple impacts of climate change simultaneously, a NASA-led study reveals. The researchers found that more than a quarter of the world's population could experience an additional month of severe heat stress each year compared to the middle of the
Beer remains American drinkers' alcoholic beverage of choice, a recent Gallup Poll shows. Thirty seven percent of drinkers say they drink beer most often, while 31 percent prefer liquor and 29 percent favor wine. Although it continues to hold on to the top spot, beer is less dominant now than at points in the 1990s and early 2000s, when close to half said it was their preferred alcoholic beverag
Economic announcements such as Import and Export prices, Retail Sales reports, Industrial Production, and Housing Starts might be keenly awaited by investors this week.
Early signs from the U.S. Futures Index suggest that Wall Street might open higher.
Asian shares were mostly up at the closing....
Hawaii Governor Josh Green has issued a fifth proclamation for wildfires in the state, which left nearly 100 people dead and hundreds of others missing. According to a press release from the Governor's office, the proclamation "allows pharmacists to refill prescriptions for people directly affected by the wildfire emergency with up to a 30-day supply, even when the pharmacist is unable to obtain
European stocks traded mixed on Monday, with mining and energy stocks declining after Country Garden Holdings, a major property developer in China, missed bond payments and warned of multibillion-dollar losses.
The company risks defaulting in September if it still cannot pay after a 30-day grace period.
The...
European stocks are seen opening on a sluggish note Monday as inflation and interest rate concerns returned to haunt investors.
Gold held near five-week lows, the dollar climbed to a five-week high and Treasury yields remained elevated, as hotter-than-expected producer inflation data from the U.S....
Wholesale prices data from Germany is the only major economic news due on Monday. At 1.00 am ET, Statistics Finland is slated to release consumer price data for July. In June, consumer price inflation eased to 6.3 percent from 6.8 percent in May.
Nikola said that it has recalled about 209 Class 8 battery electric trucks following two battery fires and has placed a temporary hold on new battery-electric vehicle sales until a resolution is in place. However, the recall does not affect the hydrogen fuel cell electric vehicle currently in production...
Polaris has recalled over 40,000 vehicles in two separate recalls.
In the first recall, the company has recalled about 27,300 model year 2021 RZR XP Turbo and RZR Turbo S recreational off-road vehicles because the vehicle's clutch can fracture, causing fragments to be ejected from the vehicle, posing...
Following the release of producer price inflation data, the major U.S. stock indexes turned in a mixed performance during trading on Friday. The mixed performance on Wall Street came following the release of a Labor Department report showing producer prices climbed by slightly more than expected in the month of July.
The major U.S. stock indexes moved in opposite directions early in the session on Friday and continue to turn in a mixed performance in afternoon trading. While the Dow has pulled back off its best levels of the day, the blue chip index remains up 77.74 points or 0.2 percent at 35,253.89 amid strong gains by Merck (MRK) and Chevron (CVX).
After reporting a surge in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing a slight pullback in consumer sentiment in the month of August.