Due in large part to increased demand for its better product offerings at its Old Navy and namesake brands throughout the Christmas season as well as smaller markdowns, Gap exceeded Wall Street estimates for its fourth-quarter earnings on Thursday. In extended trading, the company's shares increased 4% to $20.05.

Mar 08, 2024 08:40 AM EST

Federal Reserve Chair Jerome Powell reaffirmed his anticipation of interest rate decreases later this year but refrained from specifying a timeline during his appearances on Capitol Hill on Wednesday and Thursday.

Mar 07, 2024 09:44 AM EST

There's a chance that two major chain restaurants in America will merge shortly. According to a business earnings call last week, Applebee's and IHOP, both owned by Dine Brands Inc., may soon have dual-branded locations that share a back-of-house and a mixed front-of-house.

Mar 07, 2024 07:23 AM EST

As yet another partial shutdown danger approaches, the Republican-controlled U.S. House of Representatives enacted legislation on Wednesday that funds a large portion of the federal government through the fiscal year that began in October.

Mar 07, 2024 05:52 AM EST

After witnessing its shares fall more than 80% this year, the troubled New York Community Bancorp said on Wednesday that it had received a lifeline of more than $1 billion from a consortium of investors.

Mar 07, 2024 05:28 AM EST

Ukraine's fight is America's fight. "The preservation of the sacred fire of liberty" is an American obligation.

Mar 07, 2024 12:41 PM EST

The million-dollar question, or should I say, the $6.5 billion question is - should you buy Reddit stock? As an investor, I've learned that answering this question requires a careful analysis of the company's fundamentals and growth prospects.

Mar 06, 2024 12:54 PM EST

Tuesday saw a decline in Tesla stock as a result of the automaker's Gigafactory in Berlin having to suspend operations due to an alleged arson assault at a nearby electrical substation.

Mar 06, 2024 09:22 AM EST

Tuesday saw a new high for gold as momentum-driven investors continued to boost the precious metal's price due to increased expectations of U.S. monetary easing and ongoing geopolitical danger.

Mar 06, 2024 04:08 AM EST

The Biden administration, in an effort to abolish what it has labeled junk fees, unveiled a regulation on Tuesday capping all credit card late fees. According to regulators, this will save Americans as much as $10 billion annually.

Mar 06, 2024 12:40 AM EST

Apple's shift presents both opportunities and challenges. On one hand, it could open up new revenue streams and boost Apple's long-term growth prospects. On the other hand, it's a significant strategic change that could involve risks.

Mar 05, 2024 01:12 PM EST

While both AMD and Nvidia have their strengths, if you're looking for a long-term investment, AMD seems to have an edge. Its attractive valuation, combined with its potential in the burgeoning AI market, makes it a compelling choice.

Mar 05, 2024 12:35 PM EST