Walmart responded to a report of layoffs at fulfillment centers by saying it ‘recently adjusted staffing levels’ at select centers.

Federal Reserve Chairman Jerome Powell has repeatedly said undercutting wage growth for American workers is essential for tamping down the worst bout of inflation in the U.S. in more than 40 years.

Unmarked losses on securities at all banks should be a worry for banking examiners after a year of rapid rate increases, says Sheila Bair, former head of the Federal Deposit Insurance Corp.

Multiple brands have recalled eye drops this year over concerns about bottle safety, sterility and possible contaminants.

Darryl Cohen had already been barred from the securities industry after being accused of stealing from Jrue Holiday, Chandler Parsons and Courtney Lee.

Coinbase, Chewy, Regeneron, Accenture and First Republic were some of the most active shares on Thursday.

Despite quick action by regulators and policy makers, the risk is rising of spillover from the banking system into other sectors and the economy, Moody’s said.

Macrae Sykes of Gabelli highlights stocks of growing financial services companies that are attractively priced.

Diesel prices at the pump have fallen to their lowest in over a year — good news for consumers, but the decline in prices suggests a gloomy outlook for the U.S. economy.

President Biden’s protectionist industrial policies that exclude our security partners are self-defeating, writes Peter Morici.