Articles

The Ratings Game: Peloton and Lululemon are collaborating. One analyst calls it a ‘non-event’

Some analysts saw benefits in Peloton's partnership with Lululemon. Others said it was a "non-event."

Robert Powell's Retirement Portfolio: These funds may be better than the S&P 500 for retirement savers

Research suggests that investing based on three factors — size, value and profitability — can dramatically improve outcomes for retirement savers.

Outside the Box: Second GOP debate: Scott wins and candidates show who can be ‘not-Trump’

The top tier of candidates now are Tim Scott, Nikki Haley and Ron DeSantis.

Earnings Results: CarMax’s stock slides 9% after earnings reflect pressures on used car industry

CarMax posted earnings that were lower than a year ago as the CEO said the used car sector remains under pressure.

: Fortnite parent company Epic lays off 16% of staff

Epic, the maker of Fortnite, announced that 870 people will be affected by the job cuts.

: Ryan Cohen has no ‘new idea’: Analyst blasts ‘doomed’ GameStop after leadership announcement

The analysis comes after activist investor Ryan Cohen was named CEO of original meme-stock company GameStop Thursday.

Economic Report: More bad news for U.S. home buyers: Mortgage rates hit a 23-year high

The 30-year mortgage rate is averaging at 7.31%, Freddie Mac said in its latest weekly survey on Thursday.

: Costco to offer members medical-care access. Here are the retailers moving into healthcare.

Costco is giving members access to Sesame, which includes $29 virtual primary care visits, $72 in-person check-ups, and $79 therapy visits.

: Xerox to buy back stock owned by Carl Icahn for $542 million

Xerox's stock turned lower, after the copier maker said it will buy back all of its shares owned by activist investor Carl Icahn.

: As Target, Best Buy and Walmart sales loom, foot traffic data indicates pent-up demand

Retail giants Target, Best Buy and Walmart will be holding sales events in October

Economic Report: Jobless claims stay extremely low at 204,000. No sign of rising U.S. unemployment.

The number of Americans who applied for unemployment benefits rose slightly to 204,000, but layoffs remained low and there was no sign of rising unemployment.

Economic Report: U.S. economy grew 2.1% in second quarter, GDP shows. Third quarter may be even stronger.

The U.S. economy grew at a solid 2.1% annual pace in the second quarter, revised figures show, but consumer spending turned out to be weaker than originally reported.
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