[ad_1] U.S. stocks fell and oil prices climbed on Wednesday, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on markets. With a day to go, stocks remained on track to lose ground in 2022’s first quarter, but were poised to finish March with solid gains after […]
[ad_1] U.S. stocks rebounded for a second consecutive week as investors gained confidence that the economy can withstand the escalating war in Ukraine and the Federal Reserve’s plans to lift interest rates to control inflation. The S&P 500 climbed 1.8% for the week, extending its gains over the past two weeks to 8.1%, the strongest […]
[ad_1] U.S. stock futures and government bonds edged down after the Federal Reserve raised interest rates for the first time since 2018 and investors turned their attention back to the Ukraine war. Futures tied to the S&P 500 declined 0.5%, pointing to a decline in the broad-market index after it closed more than 2% higher […]
[ad_1] Berkshire Hathaway’s shareholders meeting in 2019 in Omaha, Neb. Photo: Nati Harnik/Associated Press March 11, 2022 5:38 pm ET Berkshire Hathaway Inc. BRK.B 0.40% has nominated Wally Weitz, founder and co-chief investment officer of Weitz Investment Management, to the board vacancy created by the resignation of longtime Berkshire director Tom Murphy. Warren Buffett had […]
[ad_1] U.S. stock futures and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq-100 declined between 1.4% and 1.6%, indicating U.S. […]
[ad_1] Target’s traffic-driving strategy seems to be paying off. Photo: David Dee Delgado/Bloomberg News Target TGT 9.84% has taken a victory lap around the grocery, clothing and home aisles over the past two years. How much faster can it run? In 2021, Target breached the threshold of $100 billion in annual revenue, having grown 47% […]
[ad_1] Americans are paying about twice as much for gasoline now as they were early in the Covid-19 pandemic. And the high price of fuel is costing consumers away from the gas pump, too, contributing to decades-high inflation on a range of goods and services. When oil becomes more expensive, so does everything else. And […]
[ad_1] Brian Moynihan’s compensation includes $1.5 million in base pay and $30.5 million in restricted stock. Photo: Simon Dawson/Bloomberg News Updated Feb. 4, 2022 5:35 pm ET Bank of America Corp. BAC 3.98% increased Chief Executive Officer Brian Moynihan’s pay by 31% last year after the lender posted record profits. Mr. Moynihan earned $32 million […]
[ad_1] Receivers have been appointed over land in Hong Kong that China Evergrande Group used as collateral for a $520 million loan, but the sale of the plot won’t affect the company’s broader restructuring, the troubled developer said. Evergrande was notified Wednesday about the move, which relates to a plot of undeveloped residential land located […]
[ad_1] Stock futures are rising, with technology shares on track to lead gains ahead of a policy decision from the Federal Reserve. Here’s what we’re watching in Wednesday’s trading: Microsoft MSFT -2.66% shares gained 3.8% premarket. The software giant said its earnings continued to grow last quarter as its cloud-services business stayed strong. The bullish mood was rubbing […]