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Dow Average makes history to hit the 40,000 mark

By Rita Nazareth and Jessica Menton
May 16, 2024 12:02 pm - The stock market headed toward fresh all-time highs, with the Dow Jones Industrial Average hitting the historic 40,000 mark to extend an advance that’s been fueled by bet...
McDonald’s plans to step up deals, marketing to combat slower fast food traffic

By DEE-ANN DURBIN
Apr 30, 2024 7:02 am - McDonald's plans to step up deals and value messaging to combat slowing sales. The Chicago burger giant said inflation-weary customers are eating out less often in many b...
Rooting for Trump to fail has made his stock shorters millions

By BERNARD CONDON
Apr 26, 2024 9:35 am - NEW YORK — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens...
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

By KEN SWEET and LARRY NEUMEISTER
Mar 28, 2024 11:16 am - NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the...
Trump’s social media company will go public after merger with shell company is approved

Associated Press
Mar 22, 2024 10:15 am - NEW YORK — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with ...
Dollar Tree to close nearly 1,000 stores, posts surprise fourth quarter loss

By MICHELLE CHAPMAN
Mar 13, 2024 11:29 am - Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a...
Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Associated Press
Feb 21, 2024 9:14 am - NEW YORK — Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. ...
Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

By TOM MURPHY
Jan 04, 2024 8:18 am - Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quar...
Stock market today: Wall Street aims for gains to close 2023 in subdued holiday trading

By The Associated Press
Dec 27, 2023 8:29 am - Wall Street aimed for a winning week to close out the year in subdued holiday trading Wednesday. Futures for the S&P 500 and the Dow Jones Industrial Average each edged ...
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

By CHRISTOPHER RUGABER AP Economics Writer
Nov 01, 2023 1:00 am - WASHINGTON - The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inf...

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