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U.S. stocks in the consumer staples sector have been getting hammered this year as investors fled dividend-paying shares in favor of higher yields and less risk…
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Inflation’s like…
Republican lawmakers Wednesday selected Rep. Steve Scalise as their candidate for speaker of the House of Representatives, more than a week after Kevin McCarthy was ousted…
Check out the companies making big moves midday.Novo Nordisk — The Danish drugmaker stock added 6.27% after saying late Tuesday it was halting Ozempic’s kidney disease…
The Department of Justice continues to focus on pandemic-related fraud. This week, a federal grand jury in the Western District of Tennessee returned an indictment charging…
Intel stock currently trades at $36 per share, about 47% below the levels seen on April 9, 2021 (pre-inflation shock high). Intel INTC saw its stock…
Artificial intelligence is going to multiple corporate profits, yet not in the way most economists are currently predicting. Executives at Amazon.com (AMZN) announced in early June…
By Jorgelina do Rosario MARRAKECH (Reuters) -The International Monetary Fund had not been informed about any specific agreements regarding Sri Lankan debt talks, a fund official…
By Chen Aizhu and Muyu Xu SINGAPORE (Reuters) – China has reaped savings this year of nearly $10 billion through record purchases of oil from countries…
© Reuters. BlackRock Inc (NYSE:).’s share price experienced a downturn on Monday, interrupting a three-day winning streak. The company’s stock closed at $643.62, significantly below its…

