The February jobs report eased concerns about inflation, indicating that the labor market remains resilient but is not growing at an uncomfortable pace for the Federal Reserve, potentially allowing for interest rate cuts this year.
Passengers were safely evacuated from a United flight at George Bush Intercontinental Airport after the plane rolled onto the grass while exiting the taxiway, causing the left wing to touch the ground.
The FDA has found elevated levels of lead in six cinnamon products sold in the U.S. and advises consumers to throw them away and not purchase them.
Chipmakers Broadcom and Marvell Technology saw their shares decline after disappointing quarterly reports, despite expectations that they would benefit from the growth of AI computing, with Broadcom down 6% and Marvell down 9.2%.
Amylyx Pharmaceuticals' drug for Lou Gehrig's disease, Relyvrio, failed to show benefits in a follow-up study, leading to discussions with patients and the FDA on potentially withdrawing the drug from the market, despite receiving FDA approval in 2022.
Taiwan Semiconductor Manufacturing Co (TSMC) is expected to receive over $5 billion in federal grants from the U.S. government to establish a chipmaking plant in Arizona, potentially benefiting from loans and guarantees offered by the 2022 Chips and Science Act as well.
Costco has decided to maintain its current membership fees for now, although a future fee hike is still a possibility according to CFO Richard Galanti.
The Chevy Blazer EV stop-sale has ended, with the electric SUV now starting at just over $50,000 and qualifying for the full $7,500 federal tax credit.
Chevy has lifted the stop-sale order on the Blazer EV and released a software update to address various issues, while also reducing the vehicle's price by an average of $5,900 and making it eligible for the full $7,500 federal EV tax credit.
The FDA's decision to subject Eli Lilly's proposed Alzheimer's drug donanemab to additional review will cause a delay in regulatory action, surprising executives who were expecting approval this month.
Costco is now offering 1-ounce silver coins produced by the Royal Canadian Mint on its website, adding to its collection of precious metals available exclusively to its members.
Sargento, a popular cheese brand, has recalled shredded and grated products in 15 states due to a potential listeria outbreak, affecting food service groups but not retail markets.
President Joe Biden has proposed a new tax credit of $10,000 for first-time home buyers and a separate $10,000 tax credit for current homeowners looking to move into a bigger house, in an effort to make home-buying more affordable amidst high interest rates and surging home values.
Costco is now selling 25-count tubes of Canada Maple Leaf Silver Coins for $675 apiece in an attempt to appeal to investors interested in precious metals like gold and silver.
Media mogul Rupert Murdoch, 92, is set to marry for the sixth time in June to retired scientist Elena Zhukova.
Elon Musk's wealth has plummeted by approximately $40 billion in 2024 due to Tesla's falling stock price, declining sales in China, and challenges with his social network X.
Nvidia is poised to surpass Apple as the world's second-most valuable company due to its soaring stock price driven by the strong demand for its AI chips, pushing its market capitalization to over $2 trillion.
Federal officials are investigating a Boeing 737 Max jet after pilots reported issues with the rudder pedals after landing in New Jersey, marking another incident involving the beleaguered airplane manufacturer.
Shares in Novo Nordisk, the company behind weight loss drugs Ozempic and Wegovy, surged more than 8% and pushed its market capitalization to $609 billion, surpassing Tesla, after reporting successful early-stage trial results for an experimental weight loss pill.
Bitcoin attempted to reach all-time highs but faced significant selling pressure, resulting in a decline and liquidations of leveraged trades worth $240 million, although not as severe as the previous correction.
The U.S. government is temporarily suspending mail orders for free COVID-19 tests, with the possibility of resuming the program in the future, due to decreasing case rates.
Bitcoin surged above $70,000, setting a new all-time high, amidst its monumental comeback in 2024, with crypto-adjacent stocks also performing well.
The stock market rebounded after suffering a sharp loss, with the S&P 500 and Nasdaq composite reaching record highs, while the Dow Jones declined slightly.
Rivian has received over 68,000 reservations for its smaller and more affordable all-electric SUV, the R2, within 24 hours of its reveal, demonstrating strong demand for the vehicle.
Russian state-backed hackers gained access to Microsoft's core software systems, including source code repositories and internal systems, in a more extensive and serious intrusion than previously known, potentially allowing for follow-on attacks on other systems.
The Dow Jones and other major stock indexes turned higher as the February jobs report exceeded expectations, with Nvidia stock continuing to outperform despite signs of a potential pullback.
The Transportation Security Administration is testing new self-screening checkpoint lanes at Harry Reid International Airport in Las Vegas, which promises passengers shorter wait times and less hassle during the security process.
Bitcoin has set a new all-time high price above $70,000, following its recent surge and breaking the 2021 record, driven by excitement over spot Bitcoin exchange-traded funds and the upcoming "halving" event.
Costco's second quarter report shows mixed results, with adjusted earnings per share beating expectations but revenue slightly lower than expected, leading to the stock being under pressure; however, the company's same-store sales improved and its digital sales grew, indicating its move into the future.
President Joe Biden announced plans during his State of the Union address to create a $10,000 tax credit, in the form of $400 monthly payments, for first-time homebuyers and those who sell their starter homes, in an effort to address rising housing costs and make homeownership more accessible to the middle class.
Brazil's state-run oil company, Petrobras, saw its shares plummet by over 10% and lost $14 billion in market value after announcing a meager dividend payout, resulting in analysts questioning the company's plans for its growing cash reserves.
A United Airlines plane slid off the runway at Bush Airport in Houston, but no injuries were reported, marking the fourth incident involving a United Airlines jet this week.
Broadcom's first quarter results surpassed analysts' expectations, but the lack of a significant beat caused a slight decline in shares, with weakness attributed to lower iPhone sales and the potential impact of China's market conditions.
Nvidia's impressive rally this year has boosted its value by over $1 trillion, leading some to believe that the company may split its shares again, making it more accessible to retail investors.
Stocks climbed on Friday following the release of the February jobs report, which showed an increase in the unemployment rate and bolstered investor confidence in a potential rate cut by the Federal Reserve.
Today's mortgage rate for a 30-year fixed-rate mortgage is 6.500%, and it is important to compare different lenders' rates to get the best deal.
Germany's top prosecutor is investigating an alleged arson attack on Tesla's power supply near Berlin, with initial suspicions pointing towards a possible involvement of a terrorist organization; the incident caused production at the electric vehicle plant to come to a halt and affected tens of thousands of residents and local facilities.
Rupert Murdoch, the 92-year-old media mogul, is set to marry his girlfriend Elena Zhukova, a retired molecular biologist, in June this year, marking his sixth engagement.
Stocks ended the week with losses as investors pulled back following the February job report and Nvidia had a rare off-day, with the S&P 500, Dow Jones, and Nasdaq Composite all closing down.
The U.S. government will no longer be offering free COVID-19 test kits through the U.S. Postal Service after March 8, 2024, and the Centers for Disease Control and Prevention has updated its guidance on COVID-19 isolation periods.
A photo of a Five Guys restaurant receipt has gone viral as social media users criticize the high cost of a meal, with a bacon cheeseburger, regular soda, and small fry totaling $24.10, sparking a discussion about fast food prices.
Rivian, an electric vehicle company, has decided to delay the construction of a $5 billion factory in Georgia in order to conserve cash and focus on producing more affordable vehicles, while also announcing the production shift of a new model to its Illinois plant.
Target has unveiled its paid membership program, Target Circle 360, which offers various benefits such as free same-day delivery and extended return periods, similar to Amazon Prime and Walmart+.
Former U.S. Surgeon General Jerome Adams generated controversy when he shared his $5,000 emergency room bill, highlighting the issue of inflated medical costs and the financial burden of medical bills on Americans.
The Biden administration is facing backlash over a new Department of Labor rule that re-classifies millions of gig workers as employees, with trade groups, small business advocates, lawmakers, and independent workers warning that it threatens their livelihoods.
Taiwan Semiconductor Manufacturing's stock has seen significant gains this year and its latest sales data, along with industry reports, indicate a positive recovery for the semiconductor industry, driven by demand for high-performance computing and AI applications.
Investors should consider overlooked growth stocks in the AI sector such as The Trade Desk and SentinelOne, which offer strong fundamentals, valuations, and long-term investment returns.
An independent laboratory is urging the FDA to remove certain acne products from shelves due to dangerously high levels of benzene, a known carcinogen.
Three high-quality, higher-yielding dividend stocks that appear to be excellent investments in March are Bar Harbor Bankshares (BHB), Clearway Energy, Inc. (CWEN, CWEN.A), and Enbridge Inc. (ENB).
Danish pharmaceutical company Novo Nordisk's market capitalization has exceeded the size of the Danish economy, LVMH, and Tesla, driven by the success of its weight-loss drugs and the positive results of an early trial for its experimental oral weight-loss pill, amycretin, which was found to be more effective than its injectable treatment with participants losing 13.1% of their weight in 12 weeks compared to 6% with Wegovy.