Articles

Levi Strauss to lay off 10% to 15% of corporate workforce, stock slides as profit forecast disappoints

With new leadership coming in after difficult 2023, Levi Strauss & Co. on Thursday announced plans to lay off staff and cut costs over the next few years — part of a multi-year “global productivity initiative” that didn’t do much for the iconic jeans-maker’s share price following a disappointing profit forecast.

Free IRS online tax prep is coming — and MarketWatch saw it in action

Starting in March, taxpayers in 12 states can try Direct File, a free online tax-prep service similar to TurboTax and H&R Block.

Visa calls out ‘resilient’ spending upon earnings beat, but its stock falls

Visa shares were dipping in after-market trading Thursday, though the payments giant beat with its latest earnings during a period of “resilient” spending.

These sector ETFs could make big moves if Trump is seen winning the White House

ETF investors are gaming out how another Donald Trump presidency could impact stock-market sectors.

In Canada, a customer was made to sign a waiver before eating his medium-cooked burger. Why restaurants in America won’t do that.

The issue arose recently at a Toronto establishment — and many U.S. dining spots already have waivers in place for spicy food items.

Tesla, GM and Ford price cuts suggest that electric cars may be at a dead end

EV doubters like Toyota bet on hybrids and now look prescient.

This late-January stock-trading pattern has been a winner in 30 of the past 38 years

Mutual funds and institutional investors put cash into the market at the end of this month.

Why GDP report is ‘probably the healthiest mix you could get at this point’ for stock market

After a string of record highs, the S&P 500’s attempt at tacking on another coincides with a surprisingly strong report on U.S. gross domestic product in the fourth quarter.

The S&P 500 is trading in record territory — but these other stock-market indexes are in the doldrums

The large-cap index may be on track for a fifth-straight record close, but several other U.S. equity-market indexes are well removed from their all-time highs.

Here’s why Biden may not get a political lift from strong GDP growth

President Biden and his allies were quick to celebrate the latest GDP number, but it’s easy to imagine that it’ll end up as just another economic indicator that doesn’t do much for his approval ratings. So what gives?

CG Oncology IPO rockets 85% in sign of pent-up deal demand

The cancer-drug company CG Oncology Inc. priced its initial public offering above its estimated range and added 3 million shares to the deal, in a bullish sign ahead of its trading debut Thursday on the Nasdaq.

Why natural-gas prices are falling despite the largest supply drop in 3 years

U.S. natural-gas supplies in storage marked their biggest weekly decline in nearly three years — but that wasn’t enough to rally prices for the heating fuel on Thursday.
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