Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.Retail sales slipped 0.9% for…
Brian Chesky, co-founder and CEO of Airbnb Inc., during a news conference in Los Angeles on May 1, 2024.Eric Thayer | Bloomberg | Getty ImagesAirbnb shares…
Roblox shares plunged 14% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates.Roblox reported bookings of $1.36 billion for the…
Palantir surged more than 24% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains.The company’s shares…
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024.Kent Nishimura | Bloomberg | Getty…
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers.The consumer price index showed…
Open this photo in gallery:RBC and National Bank both posted higher fourth-quarter profit Wednesday that exceeded analyst estimates.Mark Blinch/ReutersRoyal Bank of Canada’s RY-T chief executive officer…
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter. Read More: U.S. economy grew at a 2.8% pace in…
The logo for Merck is displayed on a screen at the New York Stock Exchange on Nov. 17, 2021.Andrew Kelly | ReutersMerck on Thursday said its…
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah Friar is looking to reassure its…