The S&P 500 faces strong resistance up to 4200, writes Lawrence McMillan.
: Norfolk Southern will do ‘everything it takes’ for East Palestine, CEO tells senators
Norfolk Southern CEO Alan Shaw gave testimony to the Senate Committee on Environment and Public Works Thursday.
: Job cuts at Salesforce in 2023 would be first yearly workforce reduction in its 19-year history as a public company
Salesforce’s plan to cut jobs this year would mark the first yearly workforce reduction since the company went public in 2004.
Earnings Results: Gap shakes up executive ranks and plans to cut management layers amid expectations for falling sales
Shares of Gap Inc. fell after hours on Thursday after the clothing retailer forecast falling sales and said it was cut executive and management position.
Earnings Results: Oracle stock falls following forecast as revenue disappoints
Oracle Corp. shares fall in the extended session after the software company’s revenue comes in a hair below the Wall Street consensus.
Brett Arends’s ROI: Tax hike to save Medicare is Biden’s and the Democrats’ best hope for 2024
President’s budget is a re-election campaign platform in all but name, writes Brett Arends.
: Bank carnage drags stocks lower as SVB Financial shares plunge
A brutal day for banks drags down stocks on Thursday.
The Margin: Oscars 2023: When is it? Where can you watch it? And why is it called an ‘Oscar’?
The annual awards ceremony is hosted this year by Jimmy Kimmel, who is likely hoping to avoid any Will Smith-style slapping scandals.
Earnings Results: Price hikes help Ulta Beauty’s results, but stock falls after floating near record high
Ulta Beauty Inc. on Thursday offered up a full-year forecast that was above Wall Street’s expectations, after enduring demand for beauty products and price hikes helped sales in the fourth quarter.
: Sick of paying all kinds of fees on top of rent? The Biden administration is urging landlords to limit or disclose extra costs.
An open letter from HUD Secretary Marcia Fudge concerning extra rental costs aligns with the Biden administration’s crackdown on so-called junk fees.
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