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FTC chair touts 'huge win for American workers' after Walmart agrees to $100M settlement over driver pay
Walmart agrees to $100 million FTC settlement over allegations it deceived delivery drivers about pay and tips, allegedly affecting millions of workers nationwide.
Block shares jump after plan to cut 40% of its workers
Although 2025 was a strong year for the company, CEO Jack Dorsey wrote, “intelligence tools have changed what it means to build and run a company.”
US long-term mortgage rates drop below 6% for the first time in nearly four years
While average long-term mortgage rates have improved in recent years, rates have still not returned to the historic lows reached in 2021.
Netflix declines to match Paramount’s offer for Warner Bros.
We are declining to match the Paramount Skydance bid,” Netflix said in a statement. Shares of Netflix jumped more than 10% in after hours trading. Warner Bros. Discovery started a four-day clock
School District of Philadelphia unveils new facilities plan that would close 18 schools instead of 20
The School District of Philadelphia unveiled changes to its plan to close several schools and revamp or combine others.
Monster Beverage posts higher fourth-quarter profit as energy drink sales rise
The energy drink company logged a profit of $449.2 million as net sales in its Monster Energy Drinks and Strategic Brands segments grew 19% and 7.8%, respectively.
US consumer confidence improves modestly in February after cratering the first month of 2026
The American consumer’s confidence in the U.S. economy improved slightly in February after cratering a month earlier. The Conference Board said Tuesday that its consumer confidence index rose to 91.2
As nuclear talks restart in Geneva, Iran’s oil on the water reaches record levels
By the fourth quarter of 2026, Goldman Sachs believes the current geopolitical tension might have eased somewhat and they forecast $60 by year-end
Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.
Block, led by CEO Jack Dorsey, is cutting over 4,000 jobs, or nearly half the company. Read Dorsey's memo on the cuts.
Dell jumps after projecting AI server sales of $50 billion
Dell Technologies Inc. shares jumped in extended trading after the company gave an outlook for sales of its artificial intelligence servers that exceeded estimates, a sign of robust demand for
Mortgage rates below 6% bring fresh hope to the housing market
Rates for home loans are in the 5-percent range for the first time in years. The psychological milestone may help kickstart the housing market.
Universal Health Services Inc. Cl B stock underperforms Thursday when compared to competitors
Shares of Universal Health Services Inc. Cl B tumbled 11.44% to $204.33 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
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