business news

Economy

Gig workers feel pain at the pump as gas prices hit 21-month highs

Uber signage on a vehicle at San Francisco International Airport (SFO) in San Francisco, California, US, on Monday, Feb. 2,

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Earnings

Sportswear giant Adidas drops 8% after profit guidance disappoints

The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2,

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Business

FDA vaccine head will step down in April after string of controversial decisions

The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human

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Politics

Tim Scott hopes Fed Chair Powell investigation ‘goes away’ to clear Kevin Warsh confirmation

Sen. Tim Scott on Wednesday said he hopes the federal investigation into Federal Reserve Chair Jerome Powell “goes away” so

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Finance

Stocks making the biggest moves after hours: Costco, Marvell Technology, Gap & more

Check out the companies making headlines in after-hours trading. Costco Wholesale — Shares of the big-box retailer dipped less than

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Earnings

CrowdStrike makes its case on AI with an excellent quarter — here’s where we stand

CrowdStrike delivered robust quarterly results on Tuesday, exceeding expectations across all key measures. Still, the market was wavering on whether

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Business

FDA reversals leave investors worrying about the fates of other experimental drugs

Investors are concerned about the fates of multiple experimental drugs for hard-to-treat diseases following a string of recent rejections from

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Politics

Tillis maintains blockade on Fed pick Kevin Warsh over Powell probe

There is nothing that Federal Reserve chair nominee Kevin Warsh could say to get Sen. Thom Tillis to end his

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Finance

Oaktree’s Howard Marks says there’s no systemic problem with private credit

Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s

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