Articles

: Pinterest’s stock jumps 3% on accelerated revenue growth forecast

Speaking at Pinterest's first investor day, executives said they expect a compound annual growth rate over the next three to five years in the mid- to high teens

: Some men may obsess about the Roman Empire. But what about the rest of us?

If you’re a little confused about this Roman business, you’re likely not aware of this latest viral trend.

The Margin: USPS is hiring 10,000 seasonal employees and scrapping holiday surcharges

The U.S. Postal Service processed more than 11.7 million packages and pieces of mail during the holiday season last year.

In One Chart: S&P 500 slumps to bottom of bullish uptrend channel as investors brace for Fed Chair Powell

U.S. stocks are up in 2023, but the S&P 500 has fallen to the bottom of its bullish trading channel as the index slumps so far this month, according to Bespoke Investment Group. 

: Max to launch live-sports tier in October, featuring MLB, NBA, NHL games

Warner Bros. Discovery's streaming service Max will launch a live-sports tier in October, just in time for baseball's postseason.

Earnings Results: Steelcase expects ‘significantly improved’ profit, as more employees return to offices

Shares of Steelcase Inc. rallied after hours on Tuesday, after the office-furniture maker said it expects "significantly improved" profit.

Financial Crime: Paradise lost: Yoga guru charged with stealing millions from Malibu doctor plans to plead guilty

Prosecutors are working out a deal with Anthony Flores, who is accused of giving Mark Sawusch drugs and stealing from him before his 2018 death, court docs show

Market Extra: Could rising oil prices tip the U.S. into a recession? Here’s why investors are nowhere near having to worry about it

Oil prices set another 2023 high this week as concerns about a tightening oil market pushed the Brent benchmark crude close to $100 a barrel, complicating the Federal Reserve's effort to bring down inflation ahead of the September policy meeting and raising fears that a U.S. recession might be still on the horizon.

Market Extra: Why higher oil prices aren’t likely to make it into Fed’s inflation or rate outlook

With the U.S. central bank preparing to release updated inflation and rate forecasts on Wednesday, the impact of rising oil prices will probably be missing.

: Government shutdown: Analysts warn of ‘perhaps a long one lasting into the winter’

A divided Washington keeps looking like it will deliver a partial government shutdown after Sept. 30, and analysts are sounding more concerned about it this week.

: Instacart stock opens with bang, first trade is 40% above the IPO price

Maplebear, which is doing business as Instacart, debuted with a bang Tuesday, as the grocery-delivery app's stock opened 40% above where the IPO priced.

: SEC charges firm linked to Russian oligarch Abramovich

The SEC charged Concord Management LLC and its owner Michael Matlin for operating as an unregistered investment adviser to a wealthy former Russian official.
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