Breaking News: Markets

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Biden slams Trump as he touts record-high Dow crossing 40,000

President Joe Biden’s campaign ripped presumptive Republican nominee Donald Trump after the Dow Jones Industrial Average hit a record 40,000 on…

The Dow’s road to 40,000 in one chart

The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above…

Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more

Check out the companies making headlines in premarket trading. Under Armour — The sportswear maker’s Class A shares slumped 11%…

Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying

Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire…

Justice Department charges MIT brothers with $25 million crypto theft that took 12 seconds

The Department of Justice on Wednesday announced the indictment of two brothers who graduated from the Massachusetts Institute of Technology…