US stocks wavered on Thursday, with the major indexes struggling to build on the previous day’s surge amid another round of big bank earnings. Investors also watched the Capitol Hill confirmation hearing of President-elect Donald Trump’s pick for Treasury Secretary, Scott Bessent. The S&P 500 (^GSPC) hovered just above the flatline while the tech-heavy Nasdaq […]

Santa left Target (TGT) some presents last holiday season, but it may not be enough for investors. The big box retailer announced total sales increased 2.8% year over year in November and December, with same-store sales jumping 2%. Record-high sales on Black Friday and Cyber Monday helped reverse the recent trend of lagging same-store sales

Sam Ragsdale, Ryan Sproule, and Mason Hall have raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital. Sam Ragsdale Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the

Whether you’ve just spent hours researching home insurance policies or been with the same insurance provider for years, it can be frustrating to be denied coverage. Insurance companies might deny your application or renewal for home insurance for several reasons, like if you live in a high-risk area, if your home needs repair, or if

SCHAUMBURG, Ill. — The power of data, or more accurately, of well-used data, may not have explicitly been the topic of BNSF Railway CEO Katie Farmer’s presentation at the Midwest Association of Rail Shippers Winter Meeting. But it was a recurring theme of several subjects she touched on as part of her keynote address Wednesday

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, fueling hopes that spending on AI hardware should remain resilient in 2025. Most Read from Bloomberg The main chipmaker to Apple Inc. and Nvidia Corp. foresees spending $38 billion to $42 billion on technology and capacity this year, or

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters As Congress wrestles over President-elect Donald Trump’s agenda, several key tax provisions are in limbo, including the child tax credit claimed by millions of families.   Enacted by

US stocks were mixed on Thursday, with the major indexes hoping to build on the previous day’s surge as investors assessed another round of big bank earnings and a fresh reading on retail sales. The S&P 500 (^GSPC), the tech-heavy Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all meandered slightly above the

U.S. stock futures are pointing mostly higher ahead of earnings and retail sales data; Taiwan Semiconductor Manufacturing Co. (TSM) shares are surging in premarket trading after the firm reported better-than-expected profit; UnitedHealth Group (UNH) shares are sinking after the health insurer reported results that missed expectations; Bank of America (BAC) joins other financial firms in

By Akash Sriram and Marie Mannes (Reuters) -Polestar’s (PSNY) CEO said on Thursday it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company’s U.S.-listed shares down about 9% in premarket trading. The company, backed by China’s