Shares of U.S. videogame retailer GameStop (GME.N) skyrocketed by 144% on Monday as short sellers scrambled to cover their positions in the stock, which then pared gains in a roller coaster session that featured nine trading halts for volatility.
NEW YORK -- Rookie Cam Schlittler struck out 12 in eight innings during a stellar postseason debut as the New York Yankees eliminated the Boston Red Sox with a 4-0 victory in Game 3 of the American League wild-card series on Thursday night.
Two companies swap out their chief executives after discovering deficient internal controls. One makes chemicals, the other loans. Both lose big chunks of market value. The big difference? The manufacturer’s crisis mostly hurts its shareholders; the financial institution’s should worry everyone.
Central bankers worldwide have been unequivocal: There are no plans to cut back on money-printing any time soon, let alone raise interest rates.
Ukraine's allies around the world lit up buildings in yellow and blue, held protests and candlelight vigils and prepared new sanctions on Moscow on Friday in a collective show of support on the first anniversary of Russia's invasion.
Restaurant chains including McDonald's Corp (MCD.N) and KFC (YUM.N) are paring back $5-and-under "value" items in favor of more expensive $10-to-$30 combination meals, a strategy employed to lift sales and profits and offset rising food costs as the U.S. economy reopens.
Warren Buffett's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands , while shedding investments in Citigroup and other financial services companies.
Kirill Kaprizov scored two goals and had an assist as the Minnesota Wild evened their series against the Vegas Golden Knights with a 5-2 victory in Game 2 of the Western Conference quarterfinals on Tuesday in Las Vegas.
Iowa State reached the Sweet 16 of the NCAA Tournament in two of the past three seasons, and the Cyclones eye the Big 12 tournament as the time to create some momentum.
Two former senior editors of Hong Kong's Stand News were charged with conspiring to publish seditious materials and denied bail by a court on Thursday, a day after a police raid on the pro-democracy media organization that prompted its closure.
Shein's British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the online fast-fashion group showed on Tuesday, as it prepares for a hotly debated listing in London.
President Xi Jinping is demurring from fast and furious stimulus in China as the world’s second largest economy loses momentum. Support measures appear piecemeal, the latest include a move to extend trading hours to jolt a battered stock market. But if there’s one thing that authorities cannot let slide, it is the weakening currency.
The ever-greater heft of seven tech firms in the S&P 500 has seen them rise to 34% of its value. Their increasing importance to mom-and-pop investors and big creditors now compounds the issue. The longer this run goes on, the wider the consequences of any eventual slip-up become.
Business is slowly starting to percolate again at the Second Cup coffee shop franchise in Toronto's PATH shopping mall as workers trickle back to major downtown office buildings above the world's biggest underground retail hub.
A look at the day ahead in U.S. and global markets from Mike Dolan
Thousands of migrants are camping in squalid conditions in a remote southern Mexican town after U.S. and Mexican authorities implemented new policies aimed at stemming the illegal flow of Venezuelans into the United States.
Investor enthusiasm faded for the latest meme stocks on Wednesday, with shares in heavily shorted Krispy Kreme and GoPro closing well below their session highs, while Tuesday's investor darling - department store Kohl's - finished sharply lower.
Pop quiz for U.S. open enrollment season: What percentage of your total compensation is due to employee benefits?
Britain's David Attenborough, who has for decades been the world's most authoritative voice on the natural world and whose documentaries have been watched by hundreds of millions, will on Friday celebrate his 100th birthday.
Don Everly, whose close-harmony singing with his brother, Phil, generated dreamy, chart-topping hits about teen romance in the late 1950s and early '60s and influenced groups from The Beatles to Simon and Garfunkel, has died, the Los Angeles Times reported on Sunday. He was 84.