Articles

Garmin’s stock soars toward best day in four years as fitness-tracker sales boom

Garmin Ltd.’s stock soared12% Wednesday to put it on track for its biggest one-day gain in more than four years, after the maker of navigation devices and fitness trackers swept past earnings estimates for the first quarter.

UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill

UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.

Trend-following hedge funds are off to a strong start in 2024. Does the strategy deserve a spot in your portfolio?

Trend-following funds continued a run of strong performance in April, even as a selloff in stocks disrupted one of their biggest moneymaking trades.

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

A screen of companies that have consistently raised their dividends, but have also done so at annual paces exceeding 10% over the past five years.

Fearing Trump’s tariffs, one bank has ratcheted up rate forecasts — in Australia

In the world of finance everything’s connected, including the likelihood of President Donald Trump returning to office and Australian interest rates.

Construction spending posts bigger-than-expected drop

Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.

ISM manufacturing index drops sharply in April

Index falls to 49.2% after one month of expansion

Job openings in the U.S. fall to the lowest level in three years

The number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.

Around the world, workers are back in the office. Just not in America. 

The lingering effects of the COVID-19 pandemic and the Zoom revolution are continuing to shake up the workplace and have created dividing lines between the U.S. and many other developed countries.

Amazon earnings cheered as ‘objectively excellent’ — with any blemishes mere ‘nitpicks’

While shares saw a somewhat muted reaction, analysts saw plenty of reason to cheer.

Kraft Heinz snaps long streak of profit beats and sales fell shy again

Kraft Heinz’s stock fell in premarket trading Wednesday, after the food and beverage brands company only matched first-quarter profit expectations and fell shy on sales, again.

New York Community Bancorp reports narrower-than-expected loss but misses on revenue

New Chief Executive Joseph Otting sees a “path to profitability” in the next two years.
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