The stock market seems to bounce back slightly following the biggest one-day drop ever recorded for the Dow and S&P 500. But markets remain volatile, causing many to speculate about what's behind the big ups and downs. Tom Essaye, founder and editor of The Seven's Report, says the fundamentals of the U.S. economy are strong and people shouldn't panic just yet.
The Falcon Heavy is finally scheduled to launch today. SpaceX will launch the rocket from Kennedy Space Center and attempt to land all three boosters. The rocket is carrying CEO Elon Musk's original Tesla Roadster. Musk says the rocket is the most powerful one in operation.
Lululemon's CEO is resigning. The company says Laurent Potdevin violated company's standards, though it was not immediately clear what standards he failed to comply with. Potdevin has been CEO since 2014. The company is now conducting a search for a new leader.
Plus, it's our weekly trading show, The Long and the Short. We discuss what to expect when Snap, Tesla, and Disney report quarterly earnings this week. And we also talk about whether the upcoming Valentine's Day holiday can help turn things around for 1-800-Flowers.
Alzheimer’s mainly affects the elderly, who are eligible for Medicare, but people under 65 — even, rarely, as young as their 30s — also can get diagnosed. They are more likely to have commercial coverage.
The Margot Robbie-led and produced film from Warner Bros. surpassed $500 million in North America overall, a week after it crossed the $1 billion mark globally — a record for a female director.
FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. On the list this week: ESPN, Disney, WeWork, Campbell Soup, Tapestry and Capri Holdings.
