Articles

Bank of New York Mellon Corp.’s stock has drawn an upgrade to buy from Deutsche Bank on prospects for the financial giant to offer double-digit annual percentage growth in earnings per share at least through 2026.

High-yield municipal bonds have more price volatility and credit risk, but they have outperformed investment-grade munis dramatically over the past 15 years.

Consumer confidence fell in September to a three-month low just a few months before a pivotal U.S. election whose outcome could hinge on which presidential candidate voters think will do a better job on the economy.

I come bearing good news and bad news about the presidential election — though which is which depends on where you stand.

Smartsheet Inc.’s stock rallied 6% Tuesday after the workplace-management software company agreed to be taken private by Blackstone Inc. and Vista Equity Partners for $8.4 billion, or $56.50 per share.

Starbucks Corp. was downgraded by Jefferies Tuesday, as the analyst firm highlighted a number of hurdles in the path of new CEO Brian Niccol.

Nio’s stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China’s central back implemented to try to jump start the sagging economy.

Increasing inefficiency doesn’t mean that it’s easier to beat the market, says Cliff Asness.

Apple gets about half of its revenue directly from iPhone sales. But the product is indirectly responsible for far more than that, according to one analyst.

Case-Shiller 20-city home price index rose 5.9% year-on-year in July.

The CEO of Novo Nordisk is set to face pointed questions on Capitol Hill Tuesday about the prices of the Danish pharmaceutical giant’s blockbuster drugs Ozempic and Wegovy.

“While it has not been my baseline outlook, I cannot rule out the risks that progress on inflation could continue to stall,” Fed Gov. Michelle Bowman said.