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Finance

Art Cashin’s sons pay homage to NYSE legend by carrying on New Year’s poem tradition

January 2, 20250

For decades, Art Cashin, UBS' director of floor operations at the New York Stock Exchange, would write a New Year's poem to reflect back on the y...

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Economy

The Fed has a big interest rate decision coming Wednesday. Here’s what to expect

January 2, 20250

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at Willia...

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Earnings

AI chipmaker Broadcom shares soar 17% despite mixed quarterly results โ€” here’s why

January 2, 20250

Broadcom shares soared Thursday after the chipmaker demonstrated strong profitability in its fourth quarter and provided a slew of upbeat updates...

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Business

These restaurant chains closed locations in 2024

January 2, 20250

A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the ye...

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Finance

5 advisors offer important tips for managing your money in 2025

January 1, 20250

Getty ImagesPersonal finances are top of mind for many households as they get set to ring in the new year.About 38% of Americans ranked financial...

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Economy

Russian central bank surprises markets by holding key rate at 21%

January 1, 20250

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late Febr...

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Earnings

Darden Restaurants stock climbs as Olive Garden, LongHorn Steakhouse fuel sales growth

January 1, 20250

Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts' expectations and better-than-expected same-st...

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Business

Horse racing is set for a resurgence, even as America’s oldest track closes

January 1, 20250

America's oldest horse racetrack is closing after running its last race on the final weekend of 2024. Freehold Raceway in New Jersey, co-own...

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Finance

Why the ‘great resignation’ became the ‘great stay,’ according to labor economists

December 24, 20240

Sdi Productions | E+ | Getty ImagesThe U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record ...

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Economy

Key Fed inflation measure shows 2.4% rate in November, lower than expected

December 24, 20240

Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce D...

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