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Kroger’s stock surges after profit beat, pursuit of Albertsons buyout continues

Kroger’s stock leaped toward a near two-year high Thursday, after the grocery chain reported quarterly profit and same-store sales that beat expectations, and indicated it was still pursuing its acquisition of Albertsons Companies Inc. despite regulatory pushback.

U.S. unit labor costs revised slightly lower in fourth quarter

Overall productivity unrevised at 3.2% annual rate

BJ’s delivers Q4 earnings beat but guidance impacted by ‘macro-driven uncertainty’

Stock falls early Thursday.

Trade deficit widens 5.1% to $67.4 billion in January, largest in nine months

The U.S. international trade deficit widened 5.1% in January to $67.4 billion, the Commerce Department said Thursday. It is the largest trade gap since last April.

Jobless claims stay at 217,000 in early March. Layoffs still low.

The number of Americans who applied for unemployment benefits last week was unchanged at 217,000, leaving them at very low levels and suggesting little deterioration in a strong U.S. labor market.

MindMed’s stock jumps 24% after FDA grants breakthrough designation to LSD therapy for a form of anxiety

Move will speed up development of LSD-based drug as a treatment for generalized anxiety disorder.

GE’s stock extends weekly rally as GE Aerospace sets $15 billion buyback plan

The stock is on pace for the longest such streak since the nine-week streak that ended Feb. 18, 2011.

NY Community Bancorp’s $1B infusion raises more questions than answers, says analyst

Bank poised to provide an update on Thursday

DWAC says Delaware court has cleared path for March 22 vote on merger with Trump’s social-media company

Digital World Acquisition Corp., the special-purpose acquisition corporation that’s seeking to merge with Trump Media and Technology Group, former President Donald Trump’s social-media company, said a Delaware court issued a ruling late Wednesday that will allow it to push ahead with a vote on the deal on March 22.

‘CPA is used generically.’ How to shop smart and save money when hiring a tax preparer

Tax season is here, and someone has to prepare your tax return. But who?

Oil prices pull back after boost from U.S. inventory data

Oil futures consolidate after getting a boost from a big drop in gasoline and distillate inventories.

A Palm Springs house sold for $1.3 million in 2023. It’s now selling for $625,000. What went wrong? I viewed it to find out.

There was no furniture, just the dusty remnants of a recent renovation — and lost dreams of a life in this desert paradise.
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