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Biden proposal would allow up to 11 offshore-drilling sales
2 July, 2022

The Biden administration on Friday proposed up to 10 oil and gas lease sales in...

Crypto brokerage Voyager Digital shares fall as much as 40% after suspending trading, deposits, withdrawals
2 July, 2022

Crypto brokerage Voyager Digital shares plummeted as much as 40% after it announced Friday that...

U.S. stocks open slightly lower as third quarter begins
1 July, 2022

U.S. stocks opened lower on Friday ahead of a long holiday weekend as markets kicked...

JPMorgan Chase downgrades three regional banks
1 July, 2022

JPMorgan Chase & Co. analysts on Friday downgraded three regional bank stocks and said they’re...

Kohl’s says Franchise Group takeover talks have ended without a deal
1 July, 2022

Kohl’s Corp. announced Friday that takeover talks with Franchise Group have ended without a deal....

Tesla’s stock bounces into positive territory after China-based rivals report upbeat June deliveries
1 July, 2022

Shares of Tesla Inc. bounced into positive territory in premarket trading Friday, going from an...

GM stock slumps after earnings warning, as chip shipment timing and supply chain disruptions weigh
1 July, 2022

Shares of General Motors Co. dropped 1.7% in premarket trading Friday, after the automaker warned...

NIO stock jumps after June EV deliveries rise sharply from a last month and from last year
1 July, 2022

The U.S.-listed shares of NIO Inc. jumped 2.4% in premarket trading Friday, after the China-based...

Home builder stocks enjoy broad gains as Treasury yields fall to 1-month low
1 July, 2022

Shares of home builders were broadly higher Friday, as the continued drop in longer-term Treasury...

Biden says Dems need ‘two more votes’ in the Senate to change the filibuster and codify abortion rights
1 July, 2022

President Biden called on Americans to vote in November to expand Democrats majority in the...

XPeng stock rallies after June deliveries more than double from a year ago
1 July, 2022

The U.S.-listed shares of XPeng Inc. surged 2.1% in premarket trading Friday, after the China-based...

NYC REIT stock drops after dividend suspended to help fund leasing commitment, tenant improvement costs
1 July, 2022

Shares of New York City REIT Inc. slid 1.7% in afternoon trading Friday, after the...

Alcoa’s stock slumps as ‘operational challenges’ leads to partial curtailment of Indiana facility
1 July, 2022

Shares of Alcoa Corp. slumped 3.5% toward a seven-month low in afternoon trading Friday, after...

Panera, SPAC USHG Acquisition end partnership deal as a Panera IPO is now ‘unlikely’ near term
1 July, 2022

USHG Acquisition Corp. and Panera Brands Inc. said Friday that they have decided to end...

Kohl’s shares plunge on report deal talks have ended
1 July, 2022

Shares of department store operator Kohl’s fell 14% in premarket trade after CNBC reported that...

FTX signs deal to bail out crypto lender BlockFi with option to buy it for up to $240 million
1 July, 2022

Crypto exchange FTX signed a deal on Thursday to bail out embattled digital-asset lender BlockFi....

Facebook’s Meta warns of engineer job cuts, sharp downturn ahead: report
1 July, 2022

Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of...

Coronavirus tally: Daily cases break out to 4 1/2-month high, as hospitalizations keep climbing
1 July, 2022

The U.S. is stocking up on COVID-19 vaccines and health regulators have recommended updating booster...

Li Auto stock rallies after June EV deliveries rise nearly 70%
1 July, 2022

The U.S.-listed shares of Li Auto Inc. rose 1.5% in premarket trading Friday, after the...

Boxer Mike Tyson’s cannabis company gets venture financing
1 July, 2022

Private cannabis company Tyson 2.0 said Thursday it closed an oversubscribed, $9 million round of...

Oil futures settle higher, with U.S. prices up less than 1% the week
1 July, 2022

Oil futures climbed on Friday, with U.S. prices up about 0.8% for the week. “Low...

Gold pares losses after a dip below the key $1,800 mark; silver settles at a 2-year low
1 July, 2022

Gold futures pared much of their losses by Friday’s settlement, after a dip below the...

U.S. stocks end lower, with S&P 500 suffering worst first half of a year since 1970
1 July, 2022

U.S. stocks closed lower Thursday, ending the second quarter with steep losses that left the...

FedEx cut to hold from buy at Berenberg, amid ‘cloudy macroeconomic outlook’
1 July, 2022

FedEx Corp. was downgraded to hold from buy, and its price target cut to $275...

Pfizer submits a new NDA to FDA for COVID-19 pill PAXLOVID
30 June, 2022

Pfizer Inc. said Thursday that it has submitted a New Drug Application (NDA) for COVID-19...