Citing a better earnings forecast for the index businesses, Goldman Sachs boosted its year-end goal for the benchmark S&P 500 to 5,200, representing a roughly 4% upside from current levels.

Feb 19, 2024 11:10 AM EST

A senate committee in Virginia has suggested allocating a total of $39,240 per year for two recently established panels on bitcoin and artificial intelligence (AI).

Feb 19, 2024 10:20 AM EST

Industry leaders have stated intentions to reduce spending through layoffs and other measures, including at some profitable firms.

Feb 19, 2024 09:48 AM EST

Donald Trump has suffered a serious setback as a result of a judge's decision in his civil fraud trial on Friday.

Feb 19, 2024 02:11 AM EST

The latest indication that some inflationary forces in the economy are still present is the increase in wholesale prices in the United States in January.

Feb 18, 2024 11:53 PM EST

Even while inflation is quickly declining, Americans' finances are still being severely impacted by one area: persistently high food prices.

Feb 14, 2024 08:11 AM EST

After rising 15% in February, Bitcoin crossed $50,000 on February 12 for the first time since December 2021.

Feb 14, 2024 07:55 AM EST

The United States' consumer inflation rate decreased last month but stayed high, which is the most recent indication that the price spike caused by the epidemic is only sporadically and slowly abating.

Feb 14, 2024 02:10 AM EST

In light of inflation, lovers have been more frugal in their planning of romantic getaways in recent years in the Philippines.

Feb 14, 2024 01:07 AM EST

Due to growing expenses associated with cocoa, which are driving up chocolate prices, Hershey is issuing a warning on its projected profit growth for 2024.

Feb 13, 2024 10:49 PM EST

Many businesses are reducing the variety of their offerings as studies indicate that having fewer options rather than a wide range actually encourages customers to make larger purchases, which is why many believe they are also benefiting consumers.

Feb 13, 2024 11:10 AM EST

Monday saw a little decline in Tesla (TSLA) stock as the automaker announced another round of price reductions in the US, adding to concerns about the state of EV demand as we go into the first few months of the year.

Feb 13, 2024 10:29 AM EST

On Monday, Bitcoin surged above $50,000, hitting its highest value in over two years at one point.

Feb 13, 2024 03:53 AM EST

The Treasury Department announced on Monday that the Internal Revenue Service (IRS) cleared a backlog of tax returns delayed by the epidemic, which led to a decrease in tax refunds.

Feb 13, 2024 01:52 AM EST

To build an energy juggernaut in the Southwest valued at over $50 billion, Diamondback Energy plans to acquire competitor Endeavor Energy Resources.

Feb 12, 2024 11:42 PM EST