Articles

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.

Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage

Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.

Advance Auto Parts to close more than 500 stores, exit 200 other locations

Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.

Will a big firm managing your money boost your odds of financial success?

Bigger may not be better — or it may be just what you need — but there are other factors.

Why no more than 60% of your retirement money belongs in stocks

Bonds have kept pace with stocks throughout U.S. market history.

Disney’s stock surges as streaming profits grow and film releases shine

“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.

Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says

A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.

Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal

Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a forecast from the International Energy Agency and awaited U.S. inventories data.

Surging diabetes rate underscores vast opportunity in weight-loss drugs

The number of adults diagnosed with diabetes has more than quadrupled since 1990 and now stands above 800 million, according to new data released in The Lancet on World Diabetes Day.

Trump’s ‘drill, baby, drill’ pledge may be a win-win for drivers and oil producers alike

President-elect Donald Trump’s pro-energy policies don’t seem all that supportive for the oil market — at first glance.

It’s not just election betting: Why one expert thinks prediction markets will become bigger than stocks

Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.
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