Consumer spending declined on clothing, furniture and sports equipment while Americans spent $125 million more on gasoline following a sharp weekly price increase.
Irenic Capital has disclosed a stake in Snap Inc. and sent a letter to CEO Evan Spiegel proposing changes to boost the company's valuation.
Former Treasury Secretary Janet Yellen condemned a DOJ investigation into Federal Reserve Chair Jerome Powell as an attack on Fed independence.
A former JPMorgan Chase employee who filed anonymous sexual harassment claims against a female executive has been publicly identified.
Neurocrine Biosciences announced plans to purchase Soleno Therapeutics for $2.9 billion to expand into metabolic and rare diseases.
The Agriculture Department attributed a significant undercount in corn acreage estimates to declining farmer participation in surveys rather than staffing issues.
United Airlines CEO addresses merger possibilities and competitive dynamics with Delta Air Lines in the Pacific market.
US crude oil prices settled above $100 per barrel on Monday, marking the first time since 2022, while stocks closed mixed.
TPG raised over $10 billion while Apollo made a $225 million pickleball investment, highlighting varied strategies in private equity.
New mortgage deals in the UK cost an average of £788 more per year compared to pre-war levels as lenders respond to market uncertainty.
Thousands of workers at a JBS meatpacking plant in Colorado agreed to end their three-week strike and return to work to resume negotiations.
Whiskey maker Brown-Forman has rejected a $15 billion acquisition offer from competitor Sazerac.
Chevron reports that repairs to its Wheatstone gas facility will take weeks following damage that will affect the facility's restart operations.
Cloud software company Veeva Systems will be added to the S&P 500 index, replacing energy firm Coterra Energy in the benchmark stock index.
Hims & Hers, Vodafone, and Under Armour all posted weak quarterly earnings, leading to stock price drops across different sectors.
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