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Atlanta Federal Reserve President Raphael Bostic said Wednesday he anticipates hiking interest rates three or four times this year, but he stressed that the central bank isn’t locked into a specific plan. Speaking on CNBC’s “Squawk Box,” the policymaker signaled a view that is less aggressive than the market’s on...

Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain and digital currencies. In a Tuesday announcement, PayPal said the addition of six members to its Blockchain, Crypto and Digital Currencies advisory council would help to support its current and future...

Food delivery service DoorDash Inc. will offer financing on its app to restaurants that need business loans through the new DoorDash Capital program, according to a Bloomberg report Wednesday (Feb. 9). DoorDash Capital merchants can apply for financing to pay for business operations, including buying equipment, paying rent, hiring employees...

Disney reported earnings for its fiscal first quarter Wednesday that beat analyst estimates on earnings per share and revenue. The stock popped about 8% in extended trading on the news. Here are the results. Earnings per share: $1.06 adj. vs 63 cents expected, according to a Refinitiv survey of analysts Revenue: $21.82 billion vs $20.91...

President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company’s status as the nation’s largest producer of electric vehicles. Biden’s mention of Tesla came during a speech to promote...

Peloton might be for sale. (Or, maybe not quite yet, if you think the new CEO will have enough time to right the ship.) On Friday, news broke in The Wall Street Journal that Amazon was taking...

Lyft reported fourth-quarter results after the bell on Tuesday. It beat estimates on adjusted earnings per share and revenue but said it had fewer active riders than in the prior quarter. Shares were down more than 6%...

Oil and gas giant BP on Tuesday reported a massive upswing in full-year net profit, its highest in eight years, supported by soaring commodity prices. The British energy major posted underlying replacement cost profit, used as a...

U.S. stock index futures crept higher during overnight trading Monday, after the major averages moved between gains and losses during regular trading as the market awaits key inflation data later this week. Futures contracts tied to the Dow Jones Industrial Average added 0.1%. S&P 500 futures gained 0.16%, while Nasdaq...

Billionaire investor Peter Thiel is leaving the board of Meta, formerly Facebook, after nearly two decades. It is unclear where Thiel will devote his time and resources, although Bloomberg reports he plans to back Trump's 2022 agenda. "It has been a privilege to work with one of the great entrepreneurs of...