Articles

: The shrinking American home: As demand rises, builders go smaller

Land and cost constraints are pushing builders to construct smaller, more densely packed homes, according to John Burns Real Estate Consulting.

Key Words: UPS blames ‘late and loud’ Teamsters talks for revenue miss, outlook cut

UPS cut its revenue and margin outlook as talks with the Teamsters led to volume diversion, and as tentative wage pact boost labor costs.

The Ratings Game: Tilray’s deal with AB InBev makes it a much bigger beer company — via beers with falling sales, analysts say

Tilray's stock rocketed higher on Tuesday after the Canadian cannabis producer announced a deal to buy eight beer and beverage brands from Anheuser-Busch InBev.

: Bank asset quality, weaker profits spark Moody’s reviews and downgrades as it weighs potential 2024 recession

Moody's says funding and profitability pressures will be more pronounced for banks that have allowed capital to decline.

Market Extra: Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector

Exchange-traded funds that buy bank stocks fall sharply after Moody's cuts ratings on regional names and puts a handful of major players under review.

: Nvidia’s stock slips on introduction of new AI data-center CPU+GPU chip

Did you think Nvidia would let the lead AI data-center product of rival AMD go unanswered?

: Used cars for less than $20,000 have ‘nearly vanished,’ study says

Used cars are slightly cheaper these days, but prices remain nearly 50% higher than in 2019 and people have fewer options than ever before of scoring anything for less than than $20,000.

: The average American homeowner has nearly $200,000 in home equity, thanks to rising house prices

Homeowners’ equity hit $10.5 trillion in June, the fourth-highest month on record, Black Knight said.

Deep Dive: 10 regional banks expected to buck a weak industry trend

These banks are expected to increase their interest margins in 2024, at a time when rising competition for deposits is causing industry profitability to dip.

: Under Armour ekes out profit instead of expected loss as revenue tops estimates

Under Armour's international and direct-to-consumer businesses enjoyed solid growth.

Washington Watch: Pence qualifies for first Republican debate: Here’s who else will be on stage.

Former Vice President Mike Pence is the latest GOP presidential hopeful to qualify for the party's first debate, on Aug. 23. Here's who else will be on stage.

Earnings Results: Lyft earnings: What to expect from Uber’s smaller rival

After Uber reported strong earnings last week, all eyes will be on smaller rival Lyft when it posts results Tuesday afternoon.
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