Articles

Futures Movers: Oil edges higher after back-to-back declines

Oil futures find support Tuesday, buoyed by expectations for tighter supplies.

The Tell: Top JPMorgan strategist sees ‘modestly wider’ path to U.S. soft landing after June inflation blockbuster

Another top Wall Street strategist is tempering his bearish outlook for both the U.S. stock market and economy following last week's blockbuster inflation report.

Banking: Morgan Stanley’s profit drops but beats expectations as stock rises

Wealth Management unit revenue jumps to $6.7 bln from $5.7 billion, while trading revenue rises — but total non-interest expense rises 8% to $10.5 bln

: Trump says he’s a target of special counsel Jack Smith’s Jan. 6 case

Donald Trump said that he's been notified by special counsel Jack Smith that he is a target in the investigation into efforts to overturn the 2020 election.

Economic Report: Strong home-buying demand boosts builders’ business outlook to the highest level since June 2022

Home builder sentiment rose for the seventh month in a row in July, the National Association of Home Builders said.

: Verizon and AT&T shares set to snap losing streaks

The wireless names have been under pressure after the Wall Street Journal reported on the companies' historical use of lead-sheathed cables.

Economic Report: U.S. manufacturing sector is in a ‘sorry state’

U.S. industrial production fell 0.5% in June, with most major market groups reporting declines, the Federal Reserve reported Tuesday.

Market Snapshot: U.S. stocks are mixed as earnings season accelerates

U.S. stock indices are in mixed territory as traders digest a bevy of corporate earnings reports and June retail sales data.

Economic Report: U.S. retail sales barely rise, pointing to weak spots in the economy

Sales at retailers rose a tepid 0.2% in June, reflecting a shift in consumer spending habits and signaling softness in some parts of the U.S. economy.

The Moneyist: ‘I was outraged’: Our restaurant bill was $35 each, but our friend wanted to pay $22 for a gluten-free dish. Who’s right?

"I kicked my husband under the table, and said under my breath, 'Can you believe that?'"

Metals Stocks: Gold prices hit 4-week high as weaker U.S. dollar, lower Treasury yields boost metals

Gold prices climbed to their highest level in four weeks on Tuesday as a weaker U.S. dollar and lower Treasury yields helped keep prices of precious metals and commodities elevated.

: ‘Just 1% of the nation’s homes have changed hands this year,’ Redfin says

Few homeowners in the U.S. are selling their homes, according to an alternative measure of housing activity from one brokerage.
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