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[ad_1] Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Fears are brewing in financial markets that the U.S. lawmakers won’t be able...
[ad_1] The numbers: Orders for manufactured goods jumped 1.1% in April largely because of the military, but business investment also rose sharply in a positive sign for...
[ad_1] Goldman Sachs economists Alec Phillips and Tim Krupa say the Treasury’s early June deadline for the debt ceiling looks “very accurate, in our view.” Their...
[ad_1] Chip stocks experienced a significant surge Thursday in the wake of Nvidia Corp.’s upbeat commentary on AI-fueled demand — with one notable exception. Shares of...
[ad_1] U.S. stocks closed mostly higher Thursday, as technology companies fueled gains amid investor enthusiasm surrounding artificial intelligence. The S&P 500 SPX, +0.88% finished 0.9% higher,...
[ad_1] Illumina Inc. ILMN, -9.08% shareholders voted Thursday to elect one of activist investor Carl Icahn’s nominees to its board, and voted against the re-election of...
[ad_1] “‘Icahn’s favorite Wall Street saying: “If you want a friend, get a dog.” Over his storied career, Icahn has made many enemies. I don’t know...
[ad_1] Pfizer Inc. PFE, -2.04% said Thursday it has received full Food and Drug Administration approval for its Paxlovid oral treatment for COVID-19 for use in...
[ad_1] Traveling this Memorial Day Weekend? Put some deep breaths on your checklist. Americans should brace for jammed highways and long airport lines with more people...
[ad_1] U.S. stock futures were mixed Thursday as Nvidia results boosted tech but debt ceiling concerns weighed on the Dow. How are stock-index futures trading S&P...
[ad_1] By Joe Hoppe Cineworld Group said Thursday that its proposed restructuring has the backing of lenders controlling almost all of its legacy credit lines and...
[ad_1] Nvidia Corp. headed toward market-capitalization gains of nearly $200 billion in after-hours trading Wednesday, which could put the chip maker within sight of becoming only...
[ad_1] If the U.S. government cannot pay all its bills because of a debt-ceiling impasse, household borrowing costs could soar, the job market could shed millions...
[ad_1] Nvidia Corp. executives predicted record revenue well beyond anything the company has experienced Wednesday, pushing shares toward all-time highs, as margins improve with AI-driven data-center...
[ad_1] “‘Don’t kiss your dollars goodbye just yet.’” — Kristalina Georgieva, managing director, International Monetary Fund Don’t count International Monetary Fund Managing Director Kristalina Georgieva among the...
[ad_1] Meta Platforms Inc. has started to execute on its latest round of layoffs, according to reports. The third round of cuts is part of a...
[ad_1] By Ed Frankl The U.K.’s inflation rate fell less than expected in April, kept elevated by rising food prices, and the closely watched core rate...
[ad_1] By Yifan Wang Lenovo Group’s net profit fell 72% in its fourth quarter, as personal-computer sales continued to decline amid a deteriorating global economy and...
[ad_1] PacWest Bancorp will sell its real-estate lending arm to Roc360, as the beleaguered regional bank moves to refocus on its core business. The deal, first...
[ad_1] When the U.S. debt-ceiling fight finally is resolved, the Treasury is expected to unleash a flood of bill issuance to help refill its coffers run...