Dow surges 700 points Friday, S&P 500 snaps four-week losing streak after employment report shows wage gains cooled in December

U.S. stocks ended sharply higher Friday, with the Dow jumping 700 points, after an employment report showed wage gains slowed in December. The report fueled hopes that the Federal Reserve’s interest r...

Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.

While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait until CPI falls fu...

WWE finds $14.6 million in ‘unrecorded expenses’ made by Vince McMahon

World Wrestling Entertainment Inc. disclosed Monday that it will restate financial statements back to 2019 after uncovering $14.6 million in “unrecorded expenses” paid out by former long-time Chief Ex...