Breaking News: Markets

Democrats ask Raimondo to step up enforcement on CHIPS funding

WASHINGTON — A group of Democrats are raising concerns as to whether companies that received federal funding for semiconductors used…

Chewy shares fall nearly 7% as the boost from Roaring Kitty’s new stake diminishes

The rally in Chewy shares lost steam Monday as traders reacted to a Securities and Exchange Commission filing that showed…

JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps

JPMorgan Chase and Morgan Stanley said Friday that they were boosting both dividend payouts and share repurchases, while rivals Citigroup…

Warren Buffett gives away another $5.3 billion, says his children will manage his estate

Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to…

Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says

In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…

Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected

An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…