Articles

In One Chart: ‘Growing confidence in a soft landing’? Here’s where traders see Fed’s interest rate going in 2024

Traders’ expectations for where the Federal Reserve’s benchmark interest rate will wind up in late 2024 is well above where they saw it heading soon after the collapse of regional banks, even as they anticipate rate cuts next year.

IPO Report: Klaviyo’s stock opens almost 23% above IPO price to extend streak of upbeat debuts

Klaviyo's stock was cheered in its Wall Street debut, as the digital-marketing software-as-a-service company's stock opened 22.5% above its IPO price.

: There’s one culprit for U.S. airlines’ steeper losses, and it’s not lack of demand

U.S. airlines have entered one of their "shoulder" season, but their post-Labor Day doldrums are entirely up to rising fuel prices.

The Ratings Game: Instacart has a tougher path ahead, analyst warns as stock sputters

Instacart was in the "right place at the right time" during the pandemic, but Needham analyst Bernie McTernan doubts the path forward will be as easy.

: What the backlash to the new U.S. News college ranking methodology is really about

The publication’s change to emphasize outcomes rankled some schools, like Vanderbilt University, that fell several spots.

: The price gap between renting and buying just hit the widest point since 2000, new analysis shows

Priced out of buying a house? Renting may be smarter than buying for now, according to new data from the real-estate technology platform Cadre.

: Barbie and Wednesday Addams are hot Halloween costumes as Americans expected to spend over $4 billion dressing up this year

Overall Halloween spending is expected to break a record $12.2 billion this year, the National Retail Federation reports, with the average person spending $108.

In One Chart: ‘Fed hikes are biting harder and harder,’ says Apollo economist

The Federal Reserve's rate hikes are making it more painful for companies that need fresh debt, says Torsten Slok, chief economist at Apollo Global Management.

The Margin: This Pringles caviar collection is a sign that the rich delicacy is getting more affordable

The 'Crisp and Caviar' kits inspired by the 'Real Housewives of New York' and TikTok trends are just $49 to $140, priced for the 'caviar curious.'

: UAW strike: 5 things to know

The UAW strike enters its fourth weekday with no resolution in sight and the threat of expanding the labor action.

: Canopy Growth’s stock falls back below $1 after 46 million shares are registered for sale

Canopy Growth's stock dropped back below the $1 mark Wednesday after the cannabis company registered roughly 46 million shares for sale to the public.

Earnings Results: General Mills fails to hold stock gains as earnings beat by a narrow margin as consumers remain cautious

Parent of brands including Cheerios, Blue Buffalo pet products and Pillsbury said sales rose 4% as it again raised prices to offset lower volume.
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