business news

Earnings

Block shares soar as much as 24% as company slashes workforce by nearly half

Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed

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Business

Target says it’s on track to end its sales slump after another lackluster quarter

MINNEAPOLIS — Target on Tuesday posted another quarter of falling revenue and customer traffic at its stores, though its shares

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Politics

House rejects war powers resolution to rein in Trump on Iran

Speaker of the House Mike Johnson, R-La., speaks with the media on the day of classified briefings for the Senate

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Finance

Wall Street playbook says buy when war breaks out. How this time could be different

Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between

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Economy

Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?

A driver refuels a vehicle at a Wawa gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Matthew

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Earnings

Jeep maker Stellantis posts first annual loss in company history after EV write-downs

Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy,

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Business

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private

Jon Gray, President and COO of Blackstone, speaks during the Axios BFD event in New York City, U.S., October 12,

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Finance

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands &

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said

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