Articles

Harris to propose federal ban on price gouging for food and groceries

Vice President Kamala Harris’s campaign said she will call for what it says is the first-ever federal ban on corporate price gouging.

Back-to-school shopping has parents taking on debt and using buy-now-pay-later: ‘We do the best we can to keep afloat’

The cost of basic school supplies, often hundreds of dollars per child, is “an unanswered piece of why it’s so expensive to raise a child in America today.”

JD.com posts 92% increase in profits on AI-powered cost savings

The Chinese e-commerce giant outstripped expectations as it successfully increased its margins despite achieving just a small uptick in revenue

Six Flags will open seven new roller coasters in 2025

Six Flags is also expanding its All-Park Passport Add-On, and upgrading food and beverage facilities.

Investors are too complacent about obvious market risks

Debt floods the financial system, recession fears rise, and the Fed might not cut rates on cue.

Dillard’s stock slides 6% after earnings miss as CEO says consumer environment remains challenged

By category, cosmetics was the strongest performer, while mean’s clothing, accessories and shoes were the weakest.

Alibaba’s stock falls as e-commerce pressure sparks revenue miss

Alibaba came up short with revenue from its Tmall and Taobao e-commerce marketplaces, though cloud revenue exceeded estimates.

Oil attempts bounce as traders eye demand outlook, monitor Middle East threat

Oil futures were up slightly Thursday morning, attempting to bounce after back-to-back declines.

Three different factors could trigger the third wave of a stock-market pullback, says strategist

Dhaval Joshi, chief strategist of BCA Research’s Counterpoint service, says an analysis of the “price complexity” shows that the yen carry trade and the AI bubble are one and the same trade, and that any of three factors could torpedo it.

Israel’s national airline says it’ll spend $2.5 billion to buy 31 planes from Boeing

El Al has seen its sales surge since the start of Israel’s war with Gaza as rival airlines have suspended services to the country

Deere’s stock pops premarket after earnings sweep past lowered estimates

Deere & Co.’s stock rose 4% early Thursday, after the agricultural and construction machinery maker swept past lowered earnings estimates for its fiscal third quarter.

SEC approves fund that levers up MicroStrategy, which bets on bitcoin

Investors will now have the opportunity to buy a fund leveraged to a company that is leveraged to an asset that often is bought on leverage.
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