Articles

Infosys’ stock sinks toward longest losing streak in 2 years after revenue miss

Infosys’s stock continued its selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations.

Philly Fed factory gauge jumps in April to highest level in two years

Index rises to 15.5 vs forecast of 2.5

Jobless claims flat at 212,000 and still show no sign of rising layoffs

The number of Americans who applied for unemployment benefits last week was unchanged at 212,000, reflecting a surprisingly resilient labor market in which layoffs and unemployment are very low.

Oil prices on track to fall for fourth straight day as demand disappoints

Crude-oil prices continued to soften for a fourth straight day Thursday, with futures falling to their lowest level in three weeks.

The stars may be aligning for a repeat of last August’s stock selloff, warns JPMorgan

Investors dismissed a march higher in bond yields last year. That didn’t turn out so well, says JPMorgan.

Alaska Air’s stock up 1.6% after carrier’s loss is narrower than expected and revenue tops estimates

Alaska Air Group has received $162 million in initial cash comp from Boeing over window blowout

D.R. Horton’s stock rallies as limited home supply boosts profit and sales

D.R. Horton’s stock rallied Thursday, after the home builder reported quarterly earnings that rose well above expectations, as the continued lack of housing supply helped boost sales.

U.S. unemployment would be higher if illegal immigration was properly counted, Goldman Sachs estimates

The unemployment rate would be higher if the full impact of immigration, much of it illegal, was included, according to a new report from Goldman Sachs economists.

Good news for retirees as these ‘low-risk’ investments go on sale

This stampede away from certain assets has created a buyer’s market.

Tesla to lay off 14% of its Buffalo workforce as part of large-scale job cuts

Tesla Inc. will lay off 285 workers at two plants in Buffalo, New York, or 14% of the total workforce of 2,032 workers, the EV maker said in an official notice late Wednesday.

‘I consider myself blessed’: I’m 67, frugal and use washable toilet paper. Am I allowed to save or invest if I’m on Medicaid?

“I worked hard for over 40 years, but never at very well-paying jobs.”

‘He left me for another woman’: During my divorce storm, I began withdrawing benefits from our joint and survivor annuity. Can I reverse this?

“I made a hasty decision to take early retirement as I was financially broke.”
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