Stock Market
CarMax Reports Lower Quarterly Profits
CarMax, a prominent player in the preowned car market, reported a dip in its quarterly profits on Thursday, attributing it to a waning demand for...
US Unemployment Benefits Tick Up, Economy Remains Strong
The US Department of Labor announced on Thursday that applications for unemployment benefits saw a modest increase, rising by 2,000 to 204,000 for the week...
Ryan Cohen Takes Helm as GameStop CEO
GameStop (GME), the prominent video game distributor and a darling of the meme stock frenzy, has announced the appointment of Ryan Cohen as its new...
Federal Reserve Projections: Prolonged Higher Rates Expected
In a development that sent ripples through the financial markets, the latest projections by the Federal Reserve last week have solidified the belief that higher...
Market Opening: Wall Street Reacts to Fresh Economic Data
On Thursday, Wall Street saw a minor decline amidst the prevailing gloom that has enveloped the markets, with investors carefully analyzing the latest economic data....
Mixed Stock Market Performance Despite Oil Highs
In a volatile trading session on Wednesday, the stock market exhibited erratic performance as major indices grappled with conflicting factors. The S&P 500, Dow Jones...
Americans See Credit Scores Rise Amidst Relief Measures
Americans have experienced a notable surge in their credit scores over the past three years, with an average increase of 15 points. Individuals with previously...
Epic Games Pushes for Supreme Court Review of Apple Case
In a pivotal move on Wednesday, Epic Games, the developer behind the popular game Fortnite, petitioned the US Supreme Court to scrutinize an ongoing antitrust...
H&R Block, Meta, Google Face Class-Action Spyware Lawsuit
In a proposed class-action lawsuit, Google (GOOG, GOOGL), Meta (META), and H&R Block (HRB) stand accused of illicitly collaborating in the use of spyware to...
Costco Exceeds Q4 Projections Despite Wage Concerns
In a robust fiscal fourth quarter (Q4) performance, wholesale retail giant Costco (COST) surpassed Wall Street projections, though investor caution lingers over wage inflation and...
