Articles

Key Words: Best Buy hurt by ‘funflation’ splurging on Taylor Swift tickets, CEO says

What is ‘funflation,’ and why is it worrying this electronics giant?

The Tell: Why bond-market investors are not panicking about the worst Treasury bear market in history

The ongoing rout in the world’s biggest bond market is causing the greatest Treasury bear market of all time, but investors don’t seem to be panicking about it.

Crypto: Bitcoin ETFs are not approved yet, but analysts think they could become a reality in January

A false report that the U.S. approved a crypto-based exchange-traded fund led to a bitcoin price rally Monday. But it may be a question of when, not if.

Market Extra: 70% chance Israel-Hamas war spreads beyond Gaza, threatening oil, strategist warns

Israel's war on Hamas has a more than 50% chance of drawing in groups from Lebanon or Syria, or producing a direct conflict with Iran, said BCA Research.

: Charles Schwab’s stock rises as company says clients are moving cash into higher-yielding alternatives more slowly

Schwab's revenue missed expectations, but the company said it's seeing less movement of cash out of its base of deposits.

Mark Hulbert: Stock-market frenzy: How to avoid getting sucked in

The danger of investment fads

In One Chart: Mass layoffs are on the rise in the U.S., at least according to this often-overlooked data series

Investors have been on the lookout for a weakening labor market since the Federal Reserve embarked back in March 2022 on its aggressive rate-hike campaign.

: Netflix earnings preview: Revenue growth expectations get ‘dialed back’ by some analysts

Netflix is navigating a transition from subscriber growth to maximizing earnings through price hikes, an ad-supported service and a crackdown on shared accounts as it nears its fiscal third-quarter earnings report on Oct. 18.

The Margin: Citibank analyst fired after lying about extra coffee and Bolognese

A Citibank analyst was fired after submitting expenses claim covering three-day trip to Amsterdam, which showed an heroic consumption of pasta and coffee.

: Pfizer confronts ‘peak of anti-vaccination rhetoric’ as shares rebound

Cost-saving program "will touch all parts of the business" but won't affect Seagen acquisition, Pfizer says.

: Rite Aid’s bonds sell off after bankruptcy filing as stock is halted

Drugstore chain Rite Aid Corp. is facing billions of dollars of debt related to opioid lawsuits.

: Bitcoin price briefly rallies 10% on false spot ETF report

The price of bitcoin rallied following a false report on social media that the SEC approved an application for a spot bitcoin exchange-traded fund.
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