business news

Stocks making the biggest moves midday: Ford, Marvell Technology, Paramount, Gap and more

Check out the companies making the biggest moves midday Friday. Ford — Shares popped 6.24% after Ford and Tesla announced…

Fight still ahead for Texas’ Ken Paxton after historic impeachment deepens GOP divisions

The historic impeachment of Texas Attorney General Ken Paxton plunged Republicans on Sunday into a fight over whether to banish…

Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s key shareholder

Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the…

Here’s what to watch out for in Friday’s jobs report for May

Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…

Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default

An “agreement in principle” between President Joe Biden and House Speaker Kevin McCarthy would raise the nation’s legal debt ceiling,…

JPMorgan Chase cut about 500 jobs this week, including technology and operations roles

JPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of…

Republicans criticize McCarthy, Biden debt ceiling deal

After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the next challenge…

Debt ceiling deal will be ‘transformational’ for Americans, McCarthy says

House Speaker Kevin McCarthy said Sunday that the tentative deal House Republicans have reached with the White House to address…

Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…