NEW YORK (AP) — The first big batch of summertime profit reports from U.S. companies made waves on Wall Street after topping analysts’ expectations, but many canceled each other out. That left U.S. stock indexes […]
Grocery store chain Kroger said it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations. “Technology is reshaping what’s possible,” CEO […]
WASHINGTON (AP) — The U.S. Treasury Department said Tuesday that it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines on America’s second-biggest bank amount […]
Wall Street kicked off a busy week on Monday with a mixed finish for the major U.S. stock indexes, although the market remained near its all-time high. The S&P 500 slipped 0.1% after wavering between […]
STOCKHOLM (AP) — American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy […]
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