Articles

Why McDonald’s E. coli outbreak may not damage sales as much as Chipotle’s did

Chipotle lost billions of dollars in market cap following a series of foodborne-illness outbreaks almost a decade ago. But so far the McDonald’s situation seems more contained.

Boeing unveils $6 billion quarterly loss ahead of key vote by striking machinists

Boeing Co.’s stock was slightly lower Wednesday, after the troubled aerospace giant’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, weighing against a wider-than-expected loss.

Tokyo Metro shares surge 45% on first day of trading

Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018

Coca-Cola beats on profit, as a big price increase offsets a surprise volume dip

Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.

Four words you never want to hear: ‘You can’t retire now’

If you really want to stop working, get sound advice about how long your money will last.

Stocks and gold are both at all-time highs. Only one of them can be right.

Record gold prices are warning the stock market that higher inflation could return.

There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn

The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, and the liquidation of Silvergate.

Oil prices fall after industry data shows rise in U.S. crude inventories

Oil futures fell Wednesday after industry data showed an unexpected rise in U.S. crude inventories ahead of official figures.

The stock market has long voted for this political party to occupy the White House

The S&P 500’s annualized total return has been 11.0% in years when a Democrat is president and Congress is Republican-controlled.

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

American Airlines to pay $50 million penalty for mistreatment of disabled fliers

American Airlines’ stock falls after $50 million settlement with DOT over mistreatment of disabled passengers.

Amazon Prime members can save 10 cents a gallon at 7,000 stations across the U.S.

Amazon.com Inc. said Wednesday that Prime members can now save 10 cents a gallon at about 7,000 gas stations operated by BP, Amoco and ampm across the U.S.
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