Intel provided more information about its foundry plans this week, but a Citi analyst still isn’t sold on the company’s initiatives in that area.

The leading economic index dropped 0.7% in May and declined for the 14th month in a row, but there’s still little evidence the U.S. is headed toward recession.

Sales of previously-owned homes in the U.S. rose slightly in May amid a shortage of homes for sale and high mortgage rates but the median price for an existing home fell 3.1%, the largest drop since December 2011.

Treasury yields rise Thursday as the Bank of England delivers a larger-than-expected rate increase, alongside monetary tightening by other global central banks.

Darden completed the $715 million acquisition of Ruth’s Chris Steak House in June.

Amazon called its labyrinthe exit process the ‘Iliad Flow’ in homage to Homer’s complex epic poem.

The Bank of England’s Monetary Policy Committee cited strong employment as one key factor for a bigger than expected interest rate hike.

A Loop Capital analyst continues to be upbeat about Amazon’s stock despite its 50% rally this year — and is now the most bullish analyst who covers the stock.

U.S. stocks shook off early weakness to end mostly higher Thursday as investors digested fresh commentary from Federal Reserve Chairman Jerome Powell and a raft of interest-rate hikes from global central banks.

Victor Wembanyama’s height, wingspan, shoe size and everything else we know about the top pick in the 2023 NBA Draft.