business news

Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and more

Check out the companies making headlines in extended trading. Micron Technology — The chip stock slid 4% in extended trading…

Peloton shares soar on digital content, apparel partnership with Lululemon

Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to…

CEO of private credit giant Ares says his firm is benefitting from rising rates

With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…

What a stressed commercial real estate market means for these exposed bank stocks

Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial…

Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows

A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…

Sen. Tommy Tuberville says U.S. military not an ‘equal opportunity employer’

WASHINGTON — Sen. Tommy Tuberville, an Alabama Republican and former football coach, said Tuesday that the U.S. military is “not…

Stocks making the biggest moves midday: Costco, Paramount, MillerKnoll, ChargePoint and more

Check out the companies making headlines in midday trading. Media stocks — A handful of media and studio stocks rose…

Sen. Bob Menendez pleads not guilty to pocketing bribes in a wide-ranging corruption case

U.S. Sen. Bob Menendez of New Jersey pleaded not guilty on Wednesday to federal charges accusing him of pocketing bribes…

Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation

Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…