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Big Lots Stock Surges 28% on Smaller Loss and Recovery Signals
In a surprising turn of events, Big Lots (BIG) stock soared by an impressive 28% on Tuesday, buoyed by better-than-anticipated quarterly results and promising signs...
US Job Openings Slip According to Latest JOLTS Report
The latest Job Opening and Labor Turnover Survey (JOLTS) report has unveiled a significant decline in the number of open jobs in the US during...
Historic Victory: Grayscale Wins Approval for First US Bitcoin ETF
In a groundbreaking decision on Tuesday, Grayscale Investments LLC achieved a significant triumph as a federal court of appeals granted the company the green light...
Stocks Rally as Economic Data Sparks Investor Optimism
Stocks in the United States experienced a notable surge in momentum on Tuesday, responding dynamically to the release of updated economic data. The day’s trading...
Best Buy Q2 Earnings Surpass Estimates, Shares Rise
Best Buy, the renowned consumer electronics retailer, witnessed a promising 1% surge in premarket trading on Tuesday as it unveiled its second-quarter (Q2) earnings report,...
3M $6B Settlement in Earplug Lawsuit, Legal Troubles Persist
In a significant move to put an end to the country’s largest-ever mass tort case, 3M (NYSE: MMM), the Minnesota conglomerate, announced on Tuesday its...
Medicare Price Negotiations Target Drug Costs: Industry Reacts
The Biden Administration unveiled a significant step towards curbing rising pharmaceutical costs today by announcing the inaugural list of drugs for which Medicare will engage...
Dow, S&P, Nasdaq Steady as Investors Await Key Economic Data
As the month of August draws to a close with a sense of disappointment, investors on Wall Street are bracing themselves for a barrage of...
Stocks Rise on Wall Street Despite Powell’s Remarks, Await Data
Wall Street exhibited resilience on Monday as investors brushed off Fed Chair Jerome Powell’s recent cautionary remarks. Instead, market participants turned their attention towards the...
Inflation and Refinery Woes Push US Diesel Prices Upward
Diesel prices in the US have surged to their highest point since March this year, and experts are suggesting that relief may not be on...