The executive and FedEx “mutually agreed” that he would immediately step down, according to a securities filing.

Wall Street experienced significant volatility, with main indexes dropping after reports of new tariffs on EU goods by President Trump. As the August 1 deadline for tariffs approached, markets watched closely,

A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.

Wall Street is drifting toward the finish of its third winning week in the last four. NEW YORK (AP) — Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected.

This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday,

JPMorgan's Brenda Duverce is initiating coverage on the AI startup today. Duverce said OpenAI stands to shake up the search market further in the years ahead, with an unrivaled brand and a $700 billion total addressable market potential.

Wall Street is hanging near its records following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.

U.S. stock index futures were muted on Friday, taking a breather after the S&P 500 and the Nasdaq closed the previous session at record highs on upbeat earnings and economic data, while Netflix's standout profit failed to ignite enthusiasm.