Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it's become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%. The funds serving the financial elite are starting to walk away in defeat. Big bets they made that...
Benchmark U.S. crude oil for March delivery rose 24 cents to $52.85 a barrel Wednesday. Brent crude oil for March delivery fell 10 cents to $55.81 a barrel. Wholesale gasoline for February delivery was unchanged at $1.58 a gallon. February heating oil rose 1 cent to $1.61 a gallon. February natural gas rose 10...
INDIANAPOLIS (AP) — Anthem and Wall Street are starting 2021 with different ideas for how the health insurer’s year will turn out. The Blue Cross-Blue Shield insurer said Wednesday that it expects adjusted annual earnings to be greater than $24.50 per share, counting hits it expects from the...
Benchmark U.S. crude oil for March delivery fell 16 cents to $52.61 a barrel Tuesday. Brent crude oil for March delivery rose 3 cents to $55.91 a barrel. Wholesale gasoline for February delivery rose 2 cents to $1.58 a gallon. February heating oil was flat at $1.60 a gallon. February natural gas rose 5 cents to...
A big jump in prescription drug sales boosted fourth-quarter revenue at Johnson & Johnson, despite the coronavirus pandemic cutting into sales of products from contact lenses to surgical equipment and other medical devices used in procedures at hospitals swamped with COVID-19 patients. Profits dove 57% due to...
BANGKOK (AP) — Shares fell in Asia on Tuesday after a choppy session on Wall Street yielded mixed results as the market struggled to find direction. Hong Kong led other regional markets lower, dropping 1.9% to 29,587.91. Markets in Australia and India were closed for holidays. Traders are keeping a wary...
NEW YORK (AP) — A head-scratching David and Goliath story is playing out on Wall Street over the stock price of a money-losing video game retailer. An army of smaller-pocketed, optimistic investors is throwing dollars and buy orders at the stock of GameStop — in direct opposition to a group of...
Carnival Cruise Line is canceling and delaying more U.S. trips at a time when new cases of COVID-19 are averaging about 170,000 per day in the country amid a jumbled rollout of vaccines. Carnival's planned seasonal service out of San Diego has been suspended until further notice, and cruises scheduled through...
Benchmark U.S. crude oil for March delivery rose 50 cents to $52.77 a barrel Monday. Brent crude oil for March delivery rose 47 cents to $55.88 a barrel. Wholesale gasoline for February delivery rose 1 cent to $1.56 a gallon. February heating oil rose 2 cents to $1.59 a gallon. February natural gas rose 16 cents...
Benchmark U.S. crude oil for March delivery fell 86 cents to $52.27 a barrel Friday. Brent crude oil for March delivery fell 69 cents to $55.41 a barrel. Wholesale gasoline for February delivery was little changed at $1.55 a gallon. February heating oil fell 2 cents to $1.58 a gallon. February natural gas fell 4...