16-05-2024
The number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.
16-05-2024
China-based electric vehicle maker Nio’s stock resumed its rally on Thursday, after J.P. Morgan’s Nick Lai recommended investors stop selling, three months after he had turned bearish.
16-05-2024
According to a closely-watched momentum gauge the rally is not looking over-extended yet. But it may be getting close.
16-05-2024
The Philadelphia Fed said Thursday its gauge of regional business activity fell to 4.5 in May from 15.5 in the prior month. Any reading above zero indicates deteriorating conditions.
16-05-2024
Money gurus have rarely addressed all the ways that factors like culture, race and gender impact our financial habits. These young women built huge online platforms doing it — and proved there’s big business in taking the finger-wagging out of personal finance.
16-05-2024
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.
16-05-2024
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.
16-05-2024
Stanley Druckenmiler’s Duquesne Family Office, Druckenmiller made a bullish bet on small caps in the first quarter. And those stocks have been most unloved.
16-05-2024
Deere & Co. Inc.’s stock tumbled 5.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.
16-05-2024
The legendary investor sold off his treasuries as he also upped his stakes in alarm system maker ADT Inc, hotel owner Las Vegas Sands Corp, and British football team Manchester United
16-05-2024
New York Fed President John Williams said April’s inflation data was a “positive” development after a string of disappointments, as he said the overall price trend “looks reasonably good.”
16-05-2024
Oil futures pull back as a bounce inspired in part by a slower U.S. inflation reading loses steam.