Stocks on the New York Stock Exchange closed marginally higher on Wednesday after Federal Reserve Chair Jerome Powell confirmed that the Fed is likely to implement interest rate cuts later this year, thereby boosting investor confidence. The benchmark S&P 500...

Shares in GameStop plummeted by 16% in extended trading after the company announced its fourth-quarter earnings. Revenue was $1.79 billion, down from last year's $2.23 billion during the same period. Expenses fell by 21.2% to $357.1 million, largely resulting...

The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they...

Stocks wrapped up the weak lower on Friday, thereby marking a second consecutive losing week. This comes as investors digest the latest inflation data that has come in hotter as the Federal Reserve is set to make its latest...

Stocks closed lower on Friday, thereby stalling their recent rally as February's jobs report exceeded Wall Street Expectations. 275,000 jobs were added last month, with the unemployment rate rising to 3.9%; its first increase in four months. The benchmark S&P...

Credit ratings agency Fitch has maintained its AA+ long-term foreign currency sovereign credit rating for the United States. Despite projecting that the United States economy would grow at a shrinking rate in 2024, Fitch has maintained a "stable" outlook...