Latest in Chevron logs its first refining loss in four years, sending stock lower
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Chevron logs its first refining loss in four years, sending stock lower
Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.MarketWatch - 2h -
Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low
The company is also optimistic that it will see demand growth in certain markets.MarketWatch - 23h -
Whirlpool swings to a loss and guides for more weakness in 2025, sending stock down
Appliance maker is still working to cut costs and hoping for a recovery in the U.S. housing market.MarketWatch - 1d -
Bob Menendez sentenced to 11 years in prison following first-of-its-kind conviction
Former Sen. Bob Menendez (D-N.J.) was sentenced Wednesday to 11 years in prison for trading bribes for political favors. Federal prosecutors levied allegations of bribery, extortion and acting as ...The Hill - 1d -
Chinese AI startup DeepSeek sends U.S. stocks tumbling
Chinese artificial intelligence company DeepSeek is sending shockwaves through Wall Street. CBS News MoneyWatch correspondent Kelly O'Grady has the details on that and the latest on TikTok.CBS News - 4d -
Trump vs Powell: Who will drive the stock market as the Fed holds its first meeting of the year?
The Federal Reserve’s first meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump’s potentially inflationary policies could ...MarketWatch - 4d -
How to lower your investment risk when stocks are so expensive
Also, President Trump’s dominance of AI; cryptocurrency in the first week of his second term; his change-of-mind about tax deductions; and other personal-finance coverage.MarketWatch - 6d -
Four Years After Its Disastrous Launch, Cyberpunk 2077 Has A Great Steam User Score
Over four years after its undeniably rocky launch, Cyberpunk 2077 's recent Steam reviews have reached the coveted "overwhelmingly positive" rating. Per Steam's user-review data , 95% of the ...GameSpot - Jan. 24 -
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.MarketWatch - Jan. 24 -
Trump sends clear America-first message to businesses
President Trump made an economic pitch at the World Economic Forum, telling businesses to make their products in the U.S. He said if they don't, they'll have to "pay a tariff." CBS News business ...CBS News - Jan. 23 -
2-year Treasury yield ends lower after Trump’s ‘demand’ for lower interest rates
The 2-year Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve ...MarketWatch - Jan. 23 -
House passes Laken Riley Act, sending it to Trump for first legislative win
The House on Wednesday passed the Laken Riley Act, sending the immigration-related bill to President Trump’s desk in what is poised to be his first legislative victory since returning to the White ...The Hill - Jan. 22 -
New Orleans Gets Its First Snow in 15 Years
Many roadways were impassable, classes were canceled in local schools and many businesses could not open as a winter storm essentially brought New Orleans to a standstill.The New York Times - Jan. 21 -
Political experts analyze Trump's inauguration speech, its implications for the next four years
President Trump's inauguration speech promised a "golden age" and outlined his priorities for a second term. CBS News political contributors Joel Payne and Terry Sullivan break down what his speech ...CBS News - Jan. 21 -
Gabby Elliott helps Penn State hand No. 9 Ohio State its first loss, 62-59
Gabby Elliott scored 14 points, including a go-ahead layup with about 2 1/2 minutes to go, and Penn State held on to hand No. 9 Ohio State its first loss of the season, 62-59ABC News - Jan. 19 -
Washington retires its first women’s jersey, sending Kelsey Plum’s No. 10 to the rafters
Plum came to Seattle in 2014 and made an immediate impact, setting the program single-season scoring record as a freshman.Yahoo Sports - Jan. 19 -
Washington retires its first women's jersey, sending Kelsey Plum's No. 10 to the rafters
At halftime of its game against Purdue on Saturday, Washington sent its first women’s jersey to the rafters, retiring the No. 10 that Kelsey Plum wore for four years as she rewrote the school — and ...ABC News - Jan. 18 -
Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - Jan. 17 -
China says it will send its vice president to Trump’s inauguration
China is sending Vice President Han Zheng to President-elect Donald Trump’s inauguration in Washington, Chinese state media reported, , marking the first time a senior Chinese leader will have ...NBC News - Jan. 17 -
Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs
The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.The New York Times - Jan. 16 -
Many Americans Doubt Trump’s Ability to Lower Prices in His First Year
A new poll shows only 20 percent of respondents have high confidence in the president-elect’s prospects for reducing the costs of groceries, housing, or health care in 2025.Inc. - Jan. 16 -
Just 2 in 10 confident Trump can lower costs in first year: Survey
Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...The Hill - Jan. 16 -
From worst to first: Last year’s stock-market laggards see strong start to 2025
The U.S. stock market has been turned on its head in the early days of January.MarketWatch - Jan. 14 -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.MarketWatch - Jan. 10 -
What the Stock Market Could Do During Trump’s First Year, According to History
Over the past century, the S&P 500 has tended to see weaker returns during the first year of a new administration.Inc. - Jan. 10 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
No. 1 Tennessee trounced by Florida in first loss
In front of 11,011 fans in Gainesville, No. 8 Florida thumped top-ranked Tennessee 73-43 to knock off the last unbeaten team in Division I men's basketball, an authoritative performance that gave ...ESPN - Jan. 8 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Nebraska hands No. 15 UCLA its first Big Ten loss
Brice Williams scored 16 points, Andrew Morgan added 12 off the bench and Nebraska beat No. 15 UCLA 66-58 on Saturday.Yahoo Sports - Jan. 4 -
Brea, Kentucky hand Florida first loss of season
Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida, handing the Gators their first loss of the season.ESPN - Jan. 4 -
Koby Brea hits seven 3-pointers as No. 10 Kentucky hands No. 6 Florida its first loss, 106-100
Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida 106-100, handing the Gators their first loss of the seasonABC News - Jan. 4 -
Surgeon general's warning sends alcohol stocks sliding
Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer ...The Hill - Jan. 4 -
Rivian meets its 2024 vehicle production target after lowering projections
Rivian on Friday said it produced 49,476 electric vehicles last year.CNBC - Jan. 3 -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
We're selling this stock for the first time in a year, locking in a nearly 1,000% gain
The last time we trimmed this stock was Jan. 2, 2024.CNBC - Jan. 2