A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump

Norfolk Southern’s solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.

Power producer stocks such as Vistra and Constellation Energy also plunged on concerns that the AI industry may not need to devour as much energy as expected. General Motors. Gene

In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,

Analysts polled by FactSet Research expected Microsoft to generate revenue of 68.87 billion dollars (£55.4 billion) in the last three months of the year, and currently project revenue of 69.81 billion dollars (£56.2 billion) for the January-March quarter.

Shares of Chevron slid by more than 3% even after the oil giant boosted its dividends. Exxon's liquids production rate remained at a 40-year high as offshore Guyana fields prove even more lucrative than hoped. Oil futures slipped 0.3% to $72.53 a barrel.

Chuck Todd, former moderator of NBC’s “Meet the Press,” is leaving the network after nearly 20 years. In an internal memo on Friday, Todd thanked his longtime colleagues and said he has a “few new projects” in the works,

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.3% annual rate from October through December.

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its

Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering options clearer.

The Labor Department releases its monthly survey of job openings on Tuesday and the monthly jobs report on Friday.

T-Mobile added 428,000 new broadband subscribers in the reported quarter, beating analysts' estimate of 402,000 additions, according to Visible Alpha. Its shares gained about 36% last year, outpacing a 35% increase for AT&T and a 6% gain for Verizon.