How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
The Federal Reserve’s favorite inflation gauge rose just 0.2% from November to December — the lowest level in nearly three years. The latest data on the personal consumption expenditures price index — also known as “core inflation” which strips away food and energy costs — is likely to whet the appetites of Wall Street investors…
Ford Motor said Friday it would reduce production of its F-150 Lightning pickup truck, as demand for electric vehicles softens. The No. 2 US automaker said it would cut production at its Michigan Rouge Electric Vehicle Center to one shift starting April 1. In October, the automaker said it would temporarily cut one of three shifts…
Vince McMahon announced Friday he is stepping down from his position as executive chairman of WWE-parent TKO Group Holdings amid the sexual abuse scandal that has rocked the wrestling world. According to Deadline, McMahon denied the allegations of a the lawsuit that was filed against him Thursday that accused him of sexual assault and trafficking,…
NEW YORK — After 46 years, Steve Replin has decided to give up his office space. Replin, who has a law practice and acts as an alternative lender in Denver, is adapting to the changing preferences of clients, who would rather conduct business online, or in a less professional setting like a coffee shop. “I…
Snowballing protests by French farmers crept closer to Paris on Thursday, with tractors driving in convoys and blocking roads in many regions of the country to ratchet up pressure for government measures to protect the influential agricultural sector from foreign competition, red tape, rising costs and poverty-levels of pay for the worst-off producers. Traffic-snarling drive-slows,…
SPRINGFIELD, Ill. — Illinois has awarded a more than $4 billion prison medical care contract to the same company it’s used for three decades, despite multimillion-dollar lawsuits against the firm and statewide complaints alleging substandard care. Pittsburgh-based Wexford Health Sources was one of two companies responding to a request for proposals from the Illinois Department…