Articles

‘Thanks to the mighty consumer,’ GDP shows more spring in U.S. economic growth

The assumption was that consumer spending had softened considerably due to angst and uncertainty stemming from the trade wars. Now it appears that Americans mostly went about their business as usual.

Home sales stall, even as housing market becomes buyer-friendly

Home sales remain tepid as some buyers struggle in a market that is still too competitive.

Why Apple and other slow AI adopters may be right

Investors should not punish companies that are being cautious about adopting AI, a new study suggests.

No love for Tesla from Europe as sales continue to struggle. The stock is dropping.

Tesla saw another month of falling sales in August, with a 37% drop from the year-ago period.

U.S. trade deficit sinks to 2-year low as businesses try to time orders to beat tariff price hikes

The nation’s trade deficit in goods sank 17% in August to a two-year low, extending a run of big ups and downs as business try to time imports and exports to pay the least amount of tariffs.

Business investment perks up from tax cuts and AI spending to help offset tariff troubles

The industrial side of the U.S. economy has been rocked by higher tariffs, but a saving grace has been new tax cuts for investment and a frenzy of spending in artificial intelligence. Business investment rose sharply in August to mark the second strong increase in a row.

Jobless claims fall to lowest level since mid-July, easing concerns over labor market

Claims have been volatile in recent weeks.

Nvidia’s stock can soar 35% more, Barclays says. Why AI spending estimates now seem less ‘outlandish.’

The wave of AI data-center announcements in recent months has Barclays analysts feeling more positive about Nvidia and other AI chip names as they see the AI infrastructure market reaching $2 trillion and beyond.

Starbucks is cutting more jobs and closing stores as part of a $1 billion restructuring

Starbucks the job cuts will be in non-retail positions, and many open positions will be closed.

The Fed hawks are battling the doves — and then there’s Stephen Miran

The path for interest rates looks like it’s heading down, but that’s far from a sure thing.

CarMax sees unexpected drop in used-car sales even at lower prices, and the stock dives

CarMax missed analyst estimates on average selling prices and profit, in what the CEO describes as a challenging quarter.

Nvidia’s Intel stake sends this clear message about the future of big tech and AI

America needs a U.S. company producing the most advanced chips to safeguard its economic and national security.
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