Economic Digest News

After a months-long hiring spree, Meta Platforms has frozen hiring in its artificial-intelligence division, according to a new report.

The broad U.S. stock market is trading at a historically high level to companies’ revenue. But there are plenty of companies whose stocks haven’t followed suit.

Three government officials have recently been accused by the Trump administration of committing mortgage fraud. What constitutes mortgage fraud? And what are the consequences for committing such a […]

Local banks are “Fed-policy translators” — and their shares are highly sensitive to central-bank decisions.

A new report challenges the conventional wisdom.

Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for Target to get its charm back

Albertsons’ stock rose as J.P. Morgan listed the company as its top pick among food retailers, citing persistent food inflation and how it no longer has the pending Kroger merger as a distraction.

SoftBank’s $2 billion stake could help the chip maker gain customers and increase Intel’s earnings per share.

The stock market has been pricing in a strong economy, even if “conditions are lining up to disappoint those elevated expectations,” says Bob Elliott, co-founder of Unlimited Funds.

Hertz and Amazon’s used-car partnership touts convenience, which strikes at the heart of Carvana’s business model.