BUSINESS
Thursday handed Wall Street one of its ugliest sessions of the year. The Dow Jones Industrial Average shed roughly 785 points, oil posted its biggest single-day gain since May 2020, and the S&P 500 gave back every dollar it had gained in 2026 — all before the closing bell.
BUSINESS
America's highest court has agreed to weigh in on one of the most consequential legal battles in modern environmental history, as major fossil fuel producers push to shut down a growing wave of climate damage lawsuits filed by local governments across the country.
BUSINESS
The Dow Jones industrial average crossed 50,000 for the first time in history, propelled by strong gains in technology stocks, solid corporate earnings, and growing investor confidence about declining interest rates.
BUSINESS
UPS plans to eliminate up to 30,000 jobs in 2026 as it cuts Amazon shipments, restructures its network, and shifts focus to higher-margin customers.
BUSINESS
An American airline has filed for bankruptcy after grounding all flights, shutting down operations and leaving passengers uncertain about refunds and travel plans.
