Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.  The layoffs will affect…

“An investment in Knowledge pays the best interest.” — Benjamin Franklin It’s time to revisit a few timeless lessons regarding extended markets. As I write this, the last correction of any…

Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two build-on films just one year apart. Part…

American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth…

Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent…

The Indian equities continued to trade with a corrective undertone as they ended the week on a mildly negative note. Over the past five sessions, the Nifty continued facing selling…

In this video, Mary Ellen reviews the new uptrend in the S&P 500, and highlights what’s driving it higher. She then shares new pockets of strength that are poised to…

Despite the strength in some key growth stocks in January, semiconductors have been decidedly rangebound for most of the last six months.  While this week’s breakout of the range appears…

No changes in the top-5 At the end of this week, there were no changes in the ranking of the top-5 sectors. (1) XLY – Consumer Discretionary(2) XLF – Financials(3)…

A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech sparred over their rival artificial intelligence initiatives. …