~marketwatch-com-top | Bookmarks (625)

“The idea of eliminating taxes on tips is merely a superficial attempt to address the affordability crisis faced by service workers,” said Saru Jayaraman, president of One Fair Wage.

Geopolitics threatened to deal a fresh blow to investor confidence on Monday just as stocks appeared to be shaking off the most chaotic stretch of the year.

Boeing Co.’s confidence in the ability of its Starliner space capsule to bring NASA astronauts Butch Wilmore and Suni Williams back home to earth “speaks volumes” amid the uncertainty swirling around the troubled mission, according to former Space Shuttle commander Eileen Collins. 

Yields on U.S. government debt closed lower on Monday as traders watched the latest developments in the Middle East and looked ahead to a busy week of U.S. economic updates.

‘Our spouses are not mentioned in her will and she was not a popular member of our family’

The Fed should cut rates by 0.5% before the Jackson Hole meeting in late August, says Investment manager Louis Navellier.

Investors are feeling the pain of another massive global shift. This time it’s the yen carry trade.

Starbucks hasn’t announced the launch date for its beloved fall drink, but pumpkin-spice beverages and other offerings are now available elsewhere even in early July.

SoundHound, which makes voice AI technology, saw its stock pop in the regular session after the company made an acquisition announcement.

Rocket Lab USA Inc. shares rallied nearly 10% in the extended session Thursday after the launching-services company narrowed its quarterly loss and hailed a 71% jump in revenue, albeit from a low base.

CarGurus Inc. shares rallied more than 10% in the after-hours session Thursday after the online car-sales platform posted better-than-expected quarterly results and an adjusted profit guidance that was also above forecast.

Paramount Global on Thursday said it would slash U.S. staff and booked billions in operating losses in the second quarter, as it tries to cut costs and recalibrate the worth of its cable business following a flight from traditional TV viewing habits and its merger deal with Skydance Media.

The moves will reduce annual operating costs by $30 million, and are expected to be substantially completed by the third quarter.

Shares of Sweetgreen soared after the company increased its revenue and same-store sales outlooks for the year on higher-than-expected sales in the second quarter.

Yelp logged higher revenue in the latest quarter from growth across its home-services business, which offset continued softness across the restaurant industry.