Articles

The furniture industry’s recovery relies on customers getting used to paying more

Here’s what the furniture industry is counting on to power its upswing.

Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.

Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.

The U.S. economy and inflation might be cooling off, but lower interest rates are still far away

Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?

Missed the gold and silver rally? Metals mining stocks may be a way to catch up.

Gold and silver look ripe to extend a powerful rally, but shares of miners of precious metals still poised to play catch up

Is the meme-stock frenzy over already? Possibly, say experts.

Also, Best New Ideas in Money is back, Walmart had blowout earnings and AI is still buzzy.

Roaring Kitty rollercoaster: Why GameStop and AMC meme madness is an ‘outlier event’

“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC will not be a long-lasting or market-moving event, according to experts.

A divided Congress agrees: Buying concert tickets is frustrating and needs to be fixed.

The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.

Fed’s Powell tests positive for COVID-19 for second time

Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.

Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’

BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.

Nvidia is seeing ‘insatiable’ demand, but these are the key questions

Investors are focused on the Blackwell ramp, prospect of an “air pocket” and margin trends.

Leading index for U.S. economy sinks again and points to slower growth

The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”

Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March

Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.
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