Walmart expands grocery delivery through partnership with four companies

Walmart Inc. WMT, +0.76% has partnered with Point Pickup, Skipcart, AxleHire and Roadie to expand its grocery delivery service to metropolitan areas in four states: South Carolina, Ohio, Florida and Alabama. Grocery delivery is available in 800 stores currently and 800 more will be added this year. Customers can use the service on orders of $30 or more, with free […]

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Trump declaring border emergency would set ‘bad precedent’: Sen. Grassley

With President Donald Trump signaling he may declare a national emergency to fund his proposed border wall, he’s meeting opposition from a powerful member of his own party: Senate Finance Committee Chairman Chuck Grassley. The Iowa Republican, who took the top spot on the finance panel on Wednesday, spoke to CNBC as the administration was reportedly mulling the diversion of […]

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Stocks on the brink of snapping 5-day rally with slight opening losses, but set for weekly gains

Stock benchmarks on Friday opened slightly lower, but the main indexes were on track to book a solid weekly gains after five straight days helped to drive the Dow and the S&P 500 out of correction territory. The Dow Jones Industrial Average DJIA, -0.62% fell 120 points, or 0.5%, at 23,891, the S&P 500 index SPX, -0.51% fell 0.5% to […]

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Watch Fed Chairman Powell discuss the economy

Watch Federal Reserve Chairman Jerome Powell be interviewed at the Economic Club of Washington, D.C. on Thursday. Powell’s comments come as a flurry of central bank officials have said the Fed can be patient in assessing economic data before making further interest-rate hikes. Key tickers: Dow Jones Industrial AverageDJIA, +0.14% | S&P 500 SPX, +0.05% | U.S. DXY, +0.36%  Source: Read Full […]

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Micron’s stock boosts chip rally after upgrade, analysts’ comments at CES

Chip-maker stocks finished higher Wednesday after one analyst upgraded Micron Technology Inc. and other analysts gave their roundups on other companies at the annual CES tech confab in Las Vegas. The PHLX Semiconductor Index SOX, +2.52% rallied 2.5% Wednesday, outpacing broader index gains as the Dow Jones Industrial Average DJIA, +0.39% and the S&P 500 SPX, +0.41% both advanced 0.4%, and the tech-heavy […]

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U.S. stocks trade at session lows — Nasdaq, S&P 500 turn negative — as financials and tech face intraday swoon

The Dow Jones Industrial Average DJIA, +0.59% gave up a more than 300-point gain as financial and technology shares came under pressure late-morning Tuesday. The Nasdaq Composite Index COMP, +0.47% was trading 0.3% lower at 6,805, with losses in the technology and internet-heavy index weighing on the broader market. The S&P 500 index SPX, +0.35% was less than 0.1% lower […]

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Stocks surge after robust jobs report and dovish Powell remarks

U.S. stocks surged higher on Friday, buoyed by a better-than-expected jobs report for December and dovishly interpreted remarks by the chairman of the Federal Reserve. The Dow Jones Industrial Average DJIA, +3.29% climbed more than 700 points, or 3.3%, the S&P 500 SPX, +3.43% finished up 3.4% and the Nasdaq Composite COMP, +4.26% was the best-performing major index, closing up […]

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