Intel CEO Pat Gelsinger will take a 25% base pay cut days after the company reported weak earnings, with executives down the line facing pay cuts as well.
Jim Cramer previewed next week’s slate of earnings featuring reports from Microsoft, Southwest Airlines, IBM and more.
Tesla shares slid over 9.5% at session lows as investors digested expanded discount offerings and further distractions from CEO Elon Musk’s Twitter acquisition.
The Dow and the S&P 500 are set for higher open, one day after the indexes broke three-session winning streaks
Debt-heavy local governments in China need new ways to raise money under a central regime keen on reducing financial risks.
The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other regional banks that have similar balance sheet issues.
Social Security beneficiaries will soon see bigger checks to help them cope with record high inflation. Here’s what to watch for as annual statements roll in.