Articles

Fed’s Waller needs ‘several more months’ of good inflation data before backing rate cut

“In the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy,” Waller said Tuesday.

One way to combat housing affordability and loneliness: Matching senior citizens and students. ‘Intergenerational living is not some new crazy idea’

Many older adults have room to spare — and many young adults need a place to live.

Macy’s stock climbs after sales fell again, but beat expectations

Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.

Cities and towns provide kindergarten. They soon might fund child-care services for toddlers and infants too.

Across the country, there are too few affordable child-care spots for families who need them, in part because too few people are willing to do this important but challenging work for the low pay typical for the sector.

JPMorgan is the last bear on Wall Street. Why it’s not budging on a bearish stock view.

Marko Kolanovic is not about to turn bullish on stocks, even after a bunch of his colleagues have started upping their S&P 500 targets.

GameStop and AMC pare back gains as dust settles from Roaring Kitty-fueled meme-stock frenzy

GameStop Corp. and AMC Entertainment Holdings Inc. pared back Monday’s gains in premarket trades Tuesday as the dust continued to settle from last week’s meme-stock frenzy.

U.K. water supplier Pennon sees bigger losses, smaller dividends — and one parasitic water bug

British water utility Pennon said it was “working tirelessly around the clock” to fix a contaminated-water incident in the county of Devon as it revealed bigger annual losses.

This is how long it will take for the electric vehicle industry to win over skeptical buyers

A new study finds that most EV skeptics will consider buying a battery-powered vehicle in the future, but for some, it could take a while.

U.S.-China tensions are blocking the road for EV manufacturers

Biden administration is confident that U.S. car companies will adapt to new tariffs on Chinese-made products.

XPeng’s stock leaps after EV maker’s sales beat by widest margin in 2 years

XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.

Odey Asset Management closed in a crisis. Two of its former funds are now top performers.

The two funds managed by James Hanbury were transferred to Lancaster Investment Management after Odey Asset Management closed, on the back of sexual assault allegations against its founder, in 2023

What record highs for gold, silver and copper are saying about the economy

A rally in metals has grabbed headlines recently, but as gold, silver, and copper reach fresh highs, traders may need to weigh the potential for limits to further upside for prices, and reassess what the moves suggest about the global economy.
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