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Apple is set to throw billions more in cash at investors as its stock slumps

Apple is expected to boost its buyback program by another $90 billion this year, while also upping its dividend.

Thu May 2, 2024 15:59
U.S. trade deficit hover near highest level in almost a year

The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the official measure of U.S. economic growth.

Thu May 2, 2024 15:59
Potential failure of NYCB is ‘squarely off the table (for the time being),’ analyst says

New York Community Bancorp.’s new management team “has the pedigree needed to move the bank in the right direction,” according to a Citi analyst.

Thu May 2, 2024 15:41
U.S. productivity slumps in first quarter

Unit labor costs soar by most in a year

Thu May 2, 2024 15:41
Jobless claims inch up to 208,000. Layoffs still extremely low.

The number of Americans who applied for unemployment benefits last week barely rose to 208,000, indicating that layoffs remain at extremely low levels associated with a sound economy.

Thu May 2, 2024 15:41
Wrangler parent Kontoor’s stock jumps toward a 3-year high after earnings beat

Revenue fell for both Wrangler and Lee jeans brands, mostly because of retailers reducing inventory.

Thu May 2, 2024 15:41

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