Articles by Steve Kopack
Stocks rose and bond yields fell sharply Thursday after a fresh read on business inflation showed prices were broadly flat in July.
The report fueled optimism on Wall Street that the Federal Reserve�...
The U.S. economy shed 23,000 jobs in July, a sign that the labor market had not stabilized after four months of positive growth.
The unemployment rate ticked down only slightly to 4.1%.
Economists �...
Chip stocks around the world sold off sharply Tuesday, the latest chapter in the monthslong jitters surrounding artificial intelligence, memory and chip stocks.
The sell-off pushed the Nasdaq-100 i�...
On Friday, oil prices posted their second straight weekly gain. Last week alone, U.S. crude oil and international Brent crude oil bothrose more than 15%. Over the last two weeks, prices have risen mo�...
Shares of SpaceX continued their sharp descent Thursday and closed below the companys IPO price for the first time since its June public offering.
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Apple shares fell sharply Thursday after the tech giant raised prices on a number of its signature products to make up for what it said were skyrocketing memory prices resulting from the AI boom.
Li�...
The Consumer Price Index is widely expected to show inflation has risen to a nearly three-year high when Aprils data is released Tuesday morning.
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The S&P 500 hit a new all-time high Wednesday, a remarkable turnaround for the broad-based stock index while the war with Iran continues and rising energy costs threaten global growth prospects.
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The S&P 500 on Friday rose 1.97%, recording its best day since May as it rebounded from a week of dramatic selling, triggered yet again by the AI boom and what it will mean for the economy, compa�...
Verizon said on Wednesday that its wireless service was suffering an outage impacting cellular data and voice services.
The nation's largest wireless carrier said that its "engineers are engaged and�...
