Articles

The Ratings Game: Is Apple’s iPhone 15 pricing strategy a risky bet or right for this economy?

Pricing is the hot topic yet again for Apple Inc. as the company's new iPhone 15 lineup lacked groundbreaking feature improvements.

: American Airlines cuts profit outlook amid higher fuel prices and a $230 million labor expense

American Airlines' stock dropped Wednesday after the carrier cut its profit outlook, citing higher fuel prices and a retroactive pilot pay expense.

Metals Stocks: Gold edges higher, sticks to tight range, as U.S. inflation reading shows biggest monthly climb in over a year

Gold prices trade higher on Wednesday, sticking to a tight trading range as investors digest the latest reading on U.S. inflation, which revealed the largest monthly climb in more than a year.

: This senator wants to limit all credit-card APRs to 18%, but these credit cards are already capped at 18%

'Capping the maximum credit-card interest rate is fair, common-sense and gives the working class a chance,' said Sen. Josh Hawley, a Republican from Missouri.

: Here’s the latest Social Security COLA estimate  

The estimate for 2024 is a drastic change from last year’s cost-of-living adjustment

Economic Report: CPI shows biggest increase in U.S. inflation in 14 months

U.S. consumer prices leaped 0.6% in August --- the biggest increase in 14 months -- largely because of higher oil prices. Yet Inflation more broadly was mild.

: Goldman chief David Solomon opines on IPO revival, the sale of GreenSky and the challenge of a ‘lousy’ economic environment

Goldman Sachs chief executive David Solomon says this week's ARM Holdings IPO could unleash pent-up demand if it goes well.

: Orthofix’s stock has worst day in nearly 30 years after 3 top executives are fired for ‘offensive conduct’

Orthofix Medical investors suffered their worst day in 28 years on Tuesday after the spine and orthopedics company fired three top executives "for cause."

Need to Know: Stay upbeat on U.S. stocks, says SocGen, which just boosted its S&P 500 target

Société Générale's top U.S. equity strategist has lifted his S&P 500 target for 2023, saying investors want to buy growth and industrials. But a "shock" is coming in 2024.

Economic Report: Mortgage demand remains at multidecade lows as few homeowners refinance

Mortgage applications fell 0.8% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.27%.

: Moderna aims to prove it’s ‘more than a COVID company’ 

As COVID vaccine sales fall, Moderna releases positive results from mRNA flu vaccine, adds new development programs 

: 7 ways to be a great first-time grandparent

Experts’ advice on long-distance grandparenting and repairing strained family ties, plus tips for the forgotten grandpas
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