Articles

What’s next for banks amid noise around new overdraft-fee cap

Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans.

Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.

Armed with consumer and wholesale inflation reports, Wall Street economists predict the Federal Reserve’s favorite price gauge will show just a mild increase in November and justify an interest-rate cut.

Trump’s invitation to Xi for inauguration could mean a ‘grace period’ before China faces tariffs

U.S. President-elect Donald Trump’s decision to invite Chinese President Xi Jinping to his inauguration next month could be a sign that Beijing won’t immediately get hit with tariffs as Trump’s second term starts, according to advisory firm Signum Global.

Adobe’s stock drop highlights this fundamental disconnect over AI

Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the revenue runway

Tesla’s stock keeps rising toward another record as valuation tops $1.3 trillion

Tesla’s stock rises six-day win streak to its first record close in three years, providing a $235.5 billion boost to its market cap in the process.

Lowe’s has analysts more upbeat about a rebound from home-improvement slump

Lowe’s Cos. is well positioned to grow and capture market share as soon as the home-improvement market recovers from its current slump and the first signs of success could show up as soon as 2025.

Muted wholesale inflation rate gives final go-ahead for Fed to cut interest rates

Core producer price index rises scant 0.1% in November

ServiceTitan IPO’s growth story wins over Wall Street with huge market opportunity to help tradespeople

Company sees $1.5 trillion in trade spending as a market opportunity.

GameStop has ‘virtually no chance’ of returning to profitability in its core business, says Wedbush

GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core business is unlikely. 

Jobless claims rise to highest level in two months

Initial claims rise 17,000 to 242,000

Oil prices climb as supply concerns remain front-and-center

Oil prices were higher in recent trade Thursday as talk of new curbs on Russian and Iranian supply helped keep the price of U.S.-traded crude above the critical $70 a barrel level.

Warren Buffett’s portfolio tells all you need to know about the market’s next move

Why Berkshire Hathaway’s cash and short-term holdings suggest that stocks are overvalued and lower prices are coming.
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