After years of sliding revenue, executive turnover and strategic missteps at GameStop Corp., another surge in its share price this week is pressuring the retailer to deliver for more than the meme-stock believers.
The fast-food chain said it was exploring a sale of the portion of the Israeli-based technology firm that works with other retailers, a growing part of its business.
U.S. household income jumped 10% in January as the government delivered stimulus payments to households and consumer spending rose 2.4%, priming the economy for a burst in growth this year.
The U.S. dropped a Trump administration demand in global corporate-tax negotiations, removing one obstacle to an agreement on adapting the tax system to the digital economy.
The number of workers seeking unemployment benefits dropped to 730,000 last week, showing the job market could be stabilizing. Winter storms, however, may have disrupted filings.