Southwest Airlines Co. says a pickup in bookings over the past three months is slowing as a second wave of COVID-19 infections sweeps across the country.
A coronavirus vaccine would restore economic growth and break up the stock market's yearlong love affair with Big Tech, according to strategists at Goldman Sachs Group.
The bet is nearly identical to — albeit only 30 percent as big as — his now-famous hedge in late March, in which he bought $27 million of credit-default swaps that?netted him a staggering profit of $2.6 billion.
Pfizer and German partner BioNTech announced on Monday that their COVID-19 vaccine candidate, which was developed in record time, was found to have a 90% positive efficacy rate and could start being distributed before the end of the year.
Albert Bourla sold 132,508 Pfizer shares at a price of $41.94 apiece through a scheduled Rule 10b5-1 trading plan adopted on Aug. 19, one day after the company announced positive results from a Phase 1 study.
Carnival Corp. shares were sharply lower Tuesday after the company announced plans to sell $1.5 billion of common stock.
Texas Gov. Greg Abbott will on Nov. 20 host representatives from major U.S. stock exchanges considering whether to relocate their data centers from New Jersey to the Lone Star state amid the threat of higher taxes. ?
U.S. retailers are struggling to pay rent in the wake of the COVID-19 pandemic, according to the country’s largest mall operator.
D.R. Horton Inc. reported strong fourth-quarter results and guided above Wall Street expectations as low interest rates and a flight to the suburbs amid the COVID-19 pandemic fueled a building boom.
The benchmark S&P 500 rallied 7.33% this week to near-record highs despite days of uncertainty about who won the White House, but volatility may return in a flash.
Record low mortgage rates have juiced demand in the housing market, but rising home prices are putting would-be home buyers in a more difficult position to make a purchase.?
Marriott International Inc. is seeing signs business is recovering from the sharp slowdown caused by stay-at-home orders aimed at slowing the spread of COVID-19.
Wall Street is cheering the prospects of a divided government that would put proposed tax hikes on hold as the fabled Democratic blue wave that was supposed to sweep across the country looks unlikely to materialize.
General Motors Co. returned to profitability in the three months through September as business rebounded from a COVID-19-induced slowdown.
The strong third quarter followed record sales in the prior three months that were garnered as customers chowed down on pizza while sheltering at home amid the pandemic.
Markets often get politics wrong, but it’s rare to see them price in all three of the plausible?results of a presidential election—Republican, Democrat and long-drawn-out legal battle—in one night.
Wendy's is boosting its quarterly dividend as the fast-food chain's bet on serving breakfast pays off despite the obstacle of a global pandemic that has disrupted normal operations.?
Stock futures rebounded from earlier losses, trading back and forth throughout the night
Stock market history suggests President Trump will prove the polls wrong and secure four more years in the White House.
Clorox Co. raised its full-year outlook as sales surged 27% in the three months through September while consumers stocked up on cleaning products amid the COVID-19 pandemic.