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(Updates with Union Pacific and Norfolk Southern comments in the second and third paragraphs and sto

The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.

New products, smaller packages and value meals are being rolled out to attract inflation-weary customers.

Shares of freight railroads Union Pacific and Norfolk Southern dropped sharply Thursday, after a federal regulator paused the review process for their merger, stating it needed more details to evaluate the transaction. Union Pacific fell 3.5%, and Norfolk Southern is down 5%. While the Surface Transportation Board said it accepted the revised merger application that the two railroads filed in April, it froze the review and will establish another schedule for the remainder of the process.

Every retirement portfolio screen this spring keeps surfacing the same name: Costco Wholesale (NASDAQ:COST), the membership warehouse darling whose stock is up 16.72% year to date on the strength of 82.1 million paid members and a 89.7% worldwide renewal rate. But the setup underneath that headline number deserves a closer look. The Costco Trade Is ... As Kevin Warsh Signals a Tough New Inflation Fight, This Under-the-Radar Monopoly Is a No-Brainer Buy

Banks can see their margins improve if the Fed begins raising rates. But the best play is to concentrate on the big banks instead of the broader financial services sector.

(Bloomberg) -- US consumer spending crept up in April as war-driven inflation pressures sapped incomes and pushed the saving rate to an almost four-year low.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President Biden Sues to Stop DOJ Sharing Interview TapesSony Takes Final Bow as Standalone TV Maker With New Bravia SetsInflation-adjusted

Stocks were struggling to build on their recent records on Thursday after the latest escalation between the U.S. and Iran and the hottest inflation report since 2023. The Dow fell 301 points, or 0.5%. The S&P 500 was down 0.1%.

Imagine a private company pouring billions into unproven mega-rockets and moonshot ambitions suddenly being valued at over $1.75 trillion. Almost 2x what Apple was worth a decade ago. More than the GDP of most nations.

LULU's Power of Three X2 leans on China, men's and digital gains, but soft North America demand and tariffs threaten margins.

The Federal Reserve's primary inflation gauge rose less than expected in April, though the 12-month inflation rate still rose to the highest level since late 2023. The report may have slightly calmed Wall Street's nerves over inflation as oil prices rebound early Thursday.

Gold traded at a two-month low early on Thursday on renewed inflation worries as oil prices rose on

The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.

Federal prosecutors in the U.S. have charged an employee of Google parent company Alphabet (NASDAQ: $GOOGL) with fr...

Investing.com - U.S. stock futures pointed lower on Thursday, as a fresh exchange of strikes in Gulf dented hopes for a U.S.-Iran peace deal and investors geared up for key inflation data closely watched by the Federal Reserve.

The market's future may be volatile, but history has good news for investors.

IBM stock climbed Thursday as the tech giant pledged to invest more than $10 billion over five years in its quantum computing efforts. The news comes a week after a $1 billion award from the federal government for quantum computing gave IBM shares a major jolt. The $10 billion toward includes research and development funds, capital expenditures and mergers and acquisitions, IBM said in a filing with the Securities and Exchange Commission.

Wall Street stocks are expected to go into reverse on Thursday as optimism about the ceasefire in the Gulf and a potential US-Iran peace deal became increasingly strained. Futures for the tech-laded Nasdaq were tipped to lead the decline, down 0.5%, while S&P 500 and Dow Jones futures...

The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.

The main US stock measures were trending lower in Thursday's premarket activity amid renewed tension

The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%

Inflation is taking the fun out of retirement. Rising costs are taking too big a bite out of many retirees' budgets, creating stress, sleepless nights and constant worries about money. The math isn't adding up for many retirees since their paychecks stopped, according to Schroders.

<body><p>STORY: :: Chris Kirkham, Automotive enterprise reporter</p><p>"The big promise Elon Musk has made about Full Self-Driving technology is that it will soon turn every Tesla on the road into a driverless vehicle. It’s a big reason why the company is valued at about $1.5 trillion —</p><p>// ZOOM</p><p>five times that of any other automaker."</p><p>// MUSK AT ROBOTAXI EVENT</p><p>"We found after talking to 10 former Tesla employees who helped train its self-driving software that Tesla’s technology is still far off from what Musk is promising.</p><p>"Seven of those employees said they wouldn’t trust the software to drive them anywhere. While at Tesla, the employees reviewed videos showing Teslas equipped with the Full Self-Driving software striking dogs, cats and wildlife like deer, as well as close calls with pedestrians including children. Some saw Teslas using the software fail to pull over for approaching emergency vehicles, fail to stop for school buses and drive into a construction zone, nearly striking workers. The vehicles using the technology often sped. One former employee said vehicles using a Full Self-Driving mode called “Mad Max” would go 20 to 30 miles per hour over the speed limit.</p><p>"Even though Tesla, according to the employees, knew about these deficiencies, Musk pushed forward with the launch of a robotaxi network in Austin, Texas last June. Our reporting shows that employees worked to train the software on specific streets and intersections so that the demonstration would go smoothly. They said this kind of training is impossible to do on a wide scale. Yet Musk has said Tesla’s technology “works anywhere,” and doesn’t require mapping or programming the software for it to operate in specific places.</p><p>"Another interesting thing we found is that Tesla is using some fuzzy math to claim that its Full Self-Driving technology is either 10 times safer or, more recently, seven times safer than the average human driver. We found after talking to 11 traffic safety experts that Tesla is comparing apples and oranges to do this math. It’s counting only the worst of its crashes, the ones where airbags go off, and comparing them to a set of federal data that includes more minor accidents. This distorts Tesla's safety record and makes its technology look better than it actually is.&nbsp;</p><p>"By contrast, Waymo, the U.S. leader in driverless taxis, takes a more rigorous approach. It publishes its safety stats in peer-reviewed journals and says it adjusts for the specific roads and conditions its vehicles actually operate in.&nbsp;</p><p>"We sent Tesla a detailed list of questions for this report, but got no response. In the past, Tesla has defended its Full-Self Driving technology, saying it could save lives and prevent injuries. The traffic-safety researchers who spoke to Reuters said they viewed Tesla’s claims about the safety of Full-Self Driving as marketing rather than a serious investigation into a critical safety issue."</p></body>

June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to the war is imminent.

By Karen Brettell May 28 (Reuters) - A selloff in government bonds is testing one of the most basic assumptions in markets: that Treasuries and other high-quality debt will cushion portfolios when

As global markets navigate a landscape marked by rising inflation, record-low consumer sentiment, and geopolitical tensions, investors are increasingly focused on identifying opportunities that may offer value amidst uncertainty. With major indices like the Dow Jones Industrial Average reaching all-time highs and small-cap stocks outperforming their larger counterparts, the search for undervalued stocks becomes even more pertinent. In such an environment, a good stock is often characterized...

Data from Stocktwits shows that retail sentiment has held at ‘bullish’ on SPY, but moderated to ‘neutral’ on QQQ after several sessions of AI-fueled enthusiasm.

As global markets navigate a complex landscape marked by record lows in consumer sentiment and persistent inflation concerns, major U.S. stock indexes have shown resilience, with the Dow Jones Industrial Average reaching an all-time high. Amid these conditions, growth companies with significant insider ownership can offer unique insights into potential market opportunities, as insider confidence often aligns with strong company fundamentals and strategic vision.

As global markets navigate a landscape marked by record-low consumer sentiment and persistent inflation worries, major indices like the Dow Jones Industrial Average and S&P 500 have managed to reach new heights, buoyed by optimism in sectors such as artificial intelligence. Amid this backdrop of economic uncertainty and selective market gains, dividend stocks present an appealing option for investors seeking steady income streams; their potential to offer reliable yields becomes particularly...

Young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) fell short of the market’s revenue expectations in Q1 CY2026 as sales only rose 1.5% year on year to $1.11 billion. Next quarter’s revenue guidance of $1.24 billion underwhelmed, coming in 0.7% below analysts’ estimates. Its GAAP profit of $1.47 per share was 15.7% above analysts’ consensus estimates.