Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle| Bloomberg | Getty Images Semiconductor stocks rallied to start the year, led by the world’s biggest memory chip firms that are getting a boost from continued artificial intelligence-related…
Catherine Delahaye | Digitalvision | Getty Images The first 10 drugs subject to new Medicare price negotiations will go into effect on Jan. 1, prompting substantial out-of-pocket savings for certain older Americans who rely on those medications. Enrollees in Medicare Part D prescription drug plans may see their out-of-pocket costs for the negotiated drugs fall…
Rosy second-quarter earnings could give NXP Semiconductors more room to rally, according to UBS. The firm stood by its previous buy rating on the Dutch chip designer and manufacturer in a Wednesday note, but raised its price target to $276 per share from $250. UBS’ forecast calls for about 19% upside from Thursday’s $232.10 close….
Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec.15, 2025. Brendan McDermid | Reuters U.S. stocks of late have been shaky as investors turn away from artificial intelligence shares, especially those related to AI infrastructure, such as Oracle, Broadcom and CoreWeave. The worry is that…
NEW YORK — The 2026 Grammy Award nominations are almost here. And the competition will be stiff. Nominees will be announced during a video livestream on the Grammy website and the Recording Academy’s YouTube channel on Friday at 8 a.m. Pacific and 11 a.m. Eastern. A host of talent is on deck to announce the…
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. Nov. 6, 2025. Marco Bello | Reuters JPMorgan said its asset management division has fully parted ways with controversial proxy advisors for shareholder votes. In an internal memo, the firm…
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. LeBron James possible playing his last season, Kevin Durant’s new team success, and the Oklahoma City Thunder going for back-to-back titles? The NBA season…
DUARTE, Calif. — Veteran actor T.K. Carter, who appeared in the horror film “The Thing” and “Punky Brewster” on television, has died at the age of 69. Carter was declared dead Friday evening after deputies responded to a call regarding an unresponsive male in Duarte, California, according to the Los Angeles County Sheriff’s Department. Police…
UK economy unexpectedly contracts again in May European markets head for lower open, with tariffs in focus The pan-European Stoxx 600 index notched a fourth daily gain on Thursday, but IG futures are pointing to a broadly negative open for major bourses on Friday. The big news overnight is that U.S. President Donald Trump will…
