Articles

Three reasons Generation X thinks reality bites when it comes to retirement

Gen X will start turning 60 next year, and they’re less optimistic than baby boomers about their retirement prospects. Here’s why.

Your S&P 500 fund can do more for you — here’s how

What you add to the S&P 500 can spice up your results, for higher returns and possibly lower risks

Sage Therapeutics’ stock plunges as Parkinson’s drug trial disappoints

Sage Therapeutics shares dropped early Wednesday after the company said its experimental treatment for mild cognitive impairment in patients with Parkinson’s disease fell flat in a clinical trial.

American pandemic savings have depleted faster than other countries. Is that good or bad?

Mohammed El-Erian took to social media on Wednesday to post a chart, drawing on International Monetary Fund research, showing that the U.S. has depleted pandemic savings faster than other economies.

Urban Outfitters’ stock drops into bear-market territory after rare sell rating

Urban Outfitters’ stock sank Wednesday after it got dressed down by Jefferies analyst Corey Tarlowe, who said he’s seen a “notable deceleration” in foot traffic at the apparel and accessories retailer’s stores.

Tech layoffs still in spotlight after Apple and Take-Two cuts. But how does 2024 compare to 2023?

The tech sector layoffs that characterized 2023 have continued into 2024 with a number of big-name companies announcing cuts.

NYCB’s earnings estimates have tumbled as loss looms after tough quarter

Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans

What do Costco’s air fryers and gold bars have in common? Quite a lot, it seems.

Retail and marketing experts say the warehouse chain casts its spell on customers in a variety of ways.

IMF worried about global spillovers from loose U.S. fiscal policy

The International Monetary Fund on Wednesday turned its spotlight on the growing U.S. fiscal deficit, warning that it is now a risk to both the domestic economy and global economy.

The U.S. economy is on a hot streak it hasn’t seen in 20 years

The economy is on track to expand by at least 2% for the seventh quarter in a row. Just how strong is that? The last time the U.S. pulled off such a feat was 20 years ago.

Abbott Labs’ first-quarter results top estimates amid strong medical-device sales

Abbott Laboratories on Wednesday reported first-quarter sales and profit that topped expectations amid strength in its medical-device business.

Tesla again seeks support for Musk’s $56 billion pay deal after he got $0 last year

Tesla’s proxy showed that Elon Musk continued to receive no compensation for his role — but it also formalized the company’s latest attempt to change that.
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