Breaking News: Markets

January wholesale prices rise more than expected, another sign of persistent inflation

Wholesale prices rose more than expected in January, further complicating the inflation picture, according to a U.S. Department of Labor…

Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal

Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…

DWAC shares soar as merger with Trump social media company appears closer

Shares of Digital World Acquisition Corp. jumped 16% on Thursday after the special purpose acquisition company announced Wednesday night that…

Retail sales tumbled 0.8% in January, much more than expected

Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.…

Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more

Check out the companies making headlines in midday trading. Uber — Uber’s shares jumped 11%, climbing to a new 52-week…