Articles

Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon

High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.

Saudi Arabia cuts Asia oil prices for second straight month

Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean.

Starmer’s Labour Party returns to power in the U.K. for the first time in 14 years: exit poll

Keir Starmer’s Labour Party has vaulted back to power in the U.K. for the first time in 14 years, according to exit poll data released Thursday.

This July 4, here’s how much money you need to declare ‘financial independence’

About 160 million of us are still working for The Man.

These tips for investing in mutual funds and ETFs give your portfolio a leg up

Trimming Nvidia, earnings season prep and thematic ETFs lose popularity.

Smith & Nephew shares surge as activist Cevian Capital reveals 5% stake

Shares in Smith & Nephew increased 7% on Cevian’s disclosure that it had built up a 5% stake

A financial markets ‘mystery.’ The Japanese yen’s slide is upending a once-reliable relationship

The yen weakens as the spread between Japanese bonds and U.S. Treasurys moves in Japan’s favor.

If Biden drops out of the race, this is what will matter to the stock market

With President Joe Biden’s re-election campaign appearing to hang by a thread after last week’s debate debacle, investors understandably may wonder whether a change at the top of the Democratic ticket would move the stock market.

Retail investors have reached peak bullishness for Nvidia, these analyst say. Here’s where they may go next.

While Nvidia remains a top investment for many who believe the artificial intelligence story is here to stay, retail investors have likely hit “peak” bullishness.

Britain’s Labour Party is set to win biggest majority since 1832, polling shows

The Labour Party under Keir Starmer is on course to win a historic victory in Britain’s general election on Thursday

The debate about ‘quiet vacationing’ is as American as the Fourth of July

“It’s not just dishonest workers trying to steal time. It’s people that feel burdened by the weight of the workplace.”

Why Trump’s running-mate choice could matter for oil companies, banks, tech and other sectors

As Donald Trump gets closer to announcing his pick for running mate, the presumptive Republican presidential nominee’s decision on his No. 2 could end up having an impact on industries.
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