Articles

Factory orders drop in August, the third decline in the past four months

Orders for manufactured goods fell 0.2% in August after a strong gain in the prior month, the Commerce Department said Thursday. It is the third decline in orders in the past four months.  

U.S. economy speeds up as ISM survey hits 1 1/2-year high. Businesses aren’t gung-ho, though.

The service side of the economy grew in September at the fastest pace in a year and a half, a new survey found, signaling the U.S. is in no danger of recession.

Tesla’s deliveries didn’t live up to the hype. What investors should watch next.

One analyst sees the upcoming Robotaxi event as “the next potential catalyst” for Tesla’s stock, while another senses some anxiety around it.

Constellation Brands books large loss on wine and spirits, but beer sales rise

Constellation Brands’s stock fell Thursday, after the parent of Modelo and Corona beer brands beat adjusted profit expectations, but only after excluding a large non-cash loss booked for writing down the value of its wine and spirits business.

Eli Lilly’s weight-loss and diabetes drugs are no longer in shortage, says FDA

The U.S. Food and Drug Administration said Eli Lilly’s diabetes and weight-loss drugs marketed as Zepbound and Mounjaro are no longer in shortage signaling that the company has succeeded in expanding manufacturing.

Why Salesforce’s stock is getting more love from Wall Street analysts lately

Salesforce shares have lagged the S&P 500 this year but could be primed for bigger gains thanks to improved product positioning.

Jobless claims inch higher, but still no sign of major U.S. layoffs

The number of Americans who applied for unemployment benefits last week rose slightly to a minuscule 225,000, affirming that layoffs remain surprisingly low even though many companies have pulled the plug on hiring.

OpenAI making money from the AI revolution is far from certain

Being at the cutting edge doesn’t necessarily bring financial success.

September surprise? U.S. jobs report holds key to Fed rate cuts.

The U.S. jobs report has overtaken inflation as the chief worry of the Federal Reserve as it plots how fast to cut interest rates.

This shipping stock is ‘in an enviable position’ for a protracted port strike, says analyst

While a prolonged strike at East Coast and Gulf ports would spell bad news for the U.S. economy, it could provide a boost to shipping company Global Ship Lease Inc., according to Liam Burke, managing director at B. Riley Securities. 

Nano Dimension moves closer to closing Desktop Metal deal after shareholder vote

The proposed merger of 3-D printing companies Nano Dimension Ltd. and Desktop metal Inc. moved closer to completion on Thursday, after Desktop Metal shareholders voted to approve the deal.

You make saving and spending goals but keep missing them. Don’t regret — reset.

Figure out what obstacles came up to derail the process. Then move forward.
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