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Wall Street's main indexes fell sharply on Thursday as fresh evidence of a tight labor market and hawkish comments from policymakers deepened fears of elevated interest rates for longer than expected.

Peloton Interactive (NASDAQ: PTON), once a Wall Street darling that saw its stock surge 434% in 2020, has come crashing down almost as fast as its rise. Shares are down 95% from their all-time high set nearly two years ago as the business grapples with a new post-pandemic reality

The COVID-19 pandemic changed a lot of thinking in corporate America. Working from home will have a big impact on management decisions, forcing a revision of corporate attitudes toward inventory management. This created a perfect storm for logistics companies like Prologis (NYSE:

Salesforce CRM announced to lay off approximately 10% of its total global workforce, exit real estate and shutdown office spaces in certain markets as part of its broader Restructuring Plan to help the company improve its profitability.Filing with the Securities and Excha

U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consumers into spending on everything from toys to electronics.

In early 2021, Apple turned the digital advertising world on its head. With a change to iOS 14, iPhone users were notified when an app wished to track their activities and were required to opt in to allow it to continue. This put a multibillion-dollar dent in the online advertisi

Wall Street's main indexes were set to open lower on Thursday after further evidence of a strong labor market spurred worries that the Federal Reserve could keep raising interest rates for longer than expected.

E-commerce giant Amazon hopes a new partnership with EVgo, powered by its Alexa voice assistant, will help smooth the electric vehicle charging experience for owners.

Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates any time soon offset China's latest reopening plans.

The NASDAQ 100 Pre-Market Indicator is down -46.84 to 10,867.96. The total Pre-Market volume is currently 34,426,914 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.14 at $17.03, with 4,822,092 shares traded.

Walgreens Boots Alliance (WBA) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items.

U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consumers into spending on everything from toys to electronics.

Continuing its 2022 trend, the Nasdaq-100 fell by over 9% in December, underperforming other indexes like the S&P 500 and the Dow Jones Industrial Average. This put a cap on its abysmal year, during which it fell nearly 33%.

U.S. stock index futures were muted on Thursday after the Federal Reserve's December meeting minutes showed the central bank's commitment to taming inflation, with focus turning to key employment data for more clues on the rate hike trajectory.

As we head into 2023, now is the time to be thinking about your investing strategy. The past year has been a rough one for the stock market, but there are more promising times ahead.While nobody knows for certain what will happen over the next few months, a bull market is eventua

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Vanguard Russell 1000 ETF (VONE), a passively managed exchange traded fund launched on 09/22/2010.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the iShares S&P 500 Growth ETF (IVW), a passively managed exchange traded fund launched on 05/22/2000.

Launched on 12/16/1998, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.

(RTTNews) - Amazon said it plans to eliminate over 18,000 jobs, more than initially planned, citing uncertain economy. The decision is part of the tech major's annual planning process for 2023 with a focus to build a stronger cost structure, and comes after further reviews by its

The eagerly-anticipated Fed minutes arrived and failed to surprise, with markets broadly shrugging off the hawkish tone and still pining for a rate cut sometime this year.