Walt Disney Co. reported that its net income plummeted dramatically in the three-month period.
Shares in Netflix fell sharply on Friday after the streaming giant reported lower-than-expected second quarter revenue and meager expectation
Retail sales increased 7.5% in June, the U.S. Census Bureau reported on Thursday.
Initial jobless claims continued to fall last week, even as a slew of states hard-hit with COVID-19 reintroduced restrictions.
Ridesharing giant Uber is reportedly set to purchase the fourth-largest food delivery service, Postmates, for $2.65 billion in stock.
U.S. private payrolls increased by 2.369 million in June, the ADP National Employment Report showed on Wednesday.
Nearly one and a half million Americans lost their jobs last week.
Global oil demand is on pace to fall by a record amount this year due to the pandemic, but will rebound to its largest increase ever in 2021.
The New York Fed’s Empire State Manufacturing Survey showed its general condition index rose a sharp 48 points to negative 0.2 in June.
Treasury Secretary Steven Mnuchin has signaled that the Trump administration is considering another round of stimulus checks as many American
U.S. wholesale prices rose 0.4 percent in May, led by gains in the cost of food and energy.
Uber announced last week that it would help customers support black-owned businesses and restaurants through its app.
Federal Reserve officials expect the unemployment rate to remain above 9 percent until the end of 2020.
Oil and gas giant BP announced Monday that it will cut 10,000 jobs from its global workforce.
The unemployment rate fell to 13.3 percent and payrolls unexpectedly rose by 2.5 million workers as the easing of restrictions on business ac
The Dow Jones Industrial Average rose 527 points, or 2.05 percent. The S&P 500 moved up 1.36 percent, its fourth day of gains. The tech-heavy
Initial unemployment claims for the last week of May fell to 1.9 million, from peak of 6.9 million.
Businesses in the United States shrank their payrolls by 2.76 million, according to a report Wednesday from ADP and Moody’s Analytics.
Stocks continued winning streak, despite widespread protest and continued unrest around the country.
The hours before the 11 p.m. curfew in New York City were characterized by chaos and crime.