Articles

And bad news for Biden is good news for Donald Trump.

The U.S. Federal Reserve is being misled by inflation data and is potentially making a big mistake, professor who developed a widely used recession indicator told MarketWatch.

Hertz Global Holdings Inc.’s stock tumbled 12% Tuesday to put it on track for a record-low close, pulled down by bad news from its smaller rival, Avis Budget Group Inc.

Avis Budget Group’s stock was having its worst day in four years on Tuesday, after the car-rental company said it sold a record number of vehicles during the fourth quarter in a bad market for used cars, due to vehicle oversupply and a spike in interest costs.

Ask almost anyone who has dined out on Valentine’s Day, and they will tell you that it can be a series of disappointments.

The trend is prompting some derivatives-market experts to warn that the broader market could be at risk of a pullback as Big Tech stocks, which have led the market higher over the past year, could falter following Friday’s options expiration.

The cost of renting in New York has hit a new high, as the number of available units drops to a 50-year low.

January’s hotter-than-expected inflation report threw financial markets into a tailspin on Tuesday and upended investors’ expectations about how soon and by how much the Federal Reserve might start cutting interest rates.

People in the market for a new electric vehicle may be looking at a bargain of sorts, particularly if they aim to get a new Tesla.

Natural gas has fallen to its lowest price since mid-2020, with warmer U.S. weather and ample supplies of the fuel pulling prices down for a six session in a row on Tuesday.

Congress is considering a new bipartisan tax package that would expand the child tax credit and restore several business tax breaks, and the plan is to end a controversial COVID-era relief scheme to pay for it.

For over a year, economists and financial market experts have been confidently arguing that shelter costs are on the cusp of rolling over. So it was a surprise to many when shelter costs accelerated in January.