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Sweetgreen shares soar 34% after company beats revenue expectations

Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street’s revenue expectations for the fiscal first quarter…

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in…

Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…

CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze

A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards…

Weekly jobless claims jump to 231,000, the highest since August

Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise…

Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more

Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares…