Articles

OECD forecasts U.S. economy to slow down next year

The U.S. economy will slow down next year but steer clear of a recession as the Federal Reserve cuts interest rates, a world body forecasted on Wednesday.

Lauren Sanchez visits humble Albuquerque home, but she and Jeff Bezos have plenty of real estate to choose from

Lauren Sanchez and billionaire fiancé Jeff Bezos boast one of the world’s most impressive property portfolios, with megamansions scattered across the U.S.

‘Knives Out’ actress Ana de Armas quits L.A. for $7.2 million rural Vermont estate

The 30-acre spread offers a country setting with pastures, mountain views, woods, walking trails, and a pool.

SAP stock falls on report of U.S. probe

SAP shares slumped on Wednesday after a report it’s the target of a probe into whether it and other companies overcharged U.S. government agencies.

Rightmove rejects REA Group’s third offer valued at $8.1 billion

Rightmove, the U.K.’s largest property listings website, has rejected REA Group’s most recent takeover offer

Amentum to replace Bath & Body Works on S&P 500

The engineering and tech-services firm Amentum will replace home-goods and fragrance chain Bath & Body Works on the S&P 500 at the end of the month, S&P Dow Jones Indices said Tuesday.

Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal

One closely-watched stock-market indicator is flashing a bright-red buy signal as more companies’ shares join the rally.

Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround

Shares of Stitch Fix Inc. fell after hours on Tuesday after the online styling service forecast quarterly and full-year sales that were weaker than expected, saying that there was “a lot of work still to do” to turn the company around.

KB Home saw better demand for its homes as mortgage rates dropped

That message of optimism was not resonating with investors late Tuesday.

How Caroline Ellison almost avoided prison in the criminal collapse of FTX

Prosecutors say Ellison proved essential in unraveling the theft of $8 billion in customer deposits and sending Sam Bankman-Fried to prison. But the judge said she couldn’t get away scot-free and sentenced her to two years in prison.

China stock-market jump may be ‘tradable rally’ — but approach with caution

Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.

Investors see risks that the inflation battle isn’t over yet

Concerns that inflation might not be so easily defeated are starting to creep back into financial markets
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