Articles

Removing Ben & Jerry’s ‘distraction’ allows for Unilever double upgrade, Bank of America says

Unilever was given a double a upgrade to buy by BofA, which said the sale of Ben & Jerry’s removes a “distraction.”

TD Bank could join ranks of banks to get slapped with an asset cap

TD Bank could join Wells Fargo in getting slapped with a cap on assets due to regulatory failings.

U.S. economy grows again in August, S&P finds, and should ease near-term recession fears

The U.S. economy grew at a steady clip in August, a pair of S&P surveys found, and indicated little threat of recession amid signs the labor market has cooled off more rapidly than previously believed.

Here’s how one mortgage company hopes to ride a possible home-lending surge

United Wholesale Mortgage steps up hiring as mortgage lenders gear up for more business — even as some big banks cut exposure to retail home lending.

Home sales rise for the first time in five months as the number of for-sale listings grows

Existing-home sales rose to a rate of 3.95 million in July, the National Association of Realtors said.

SpaceX set for historic Polaris Dawn launch, first commercial spacewalk

Polaris Dawn will transport 36 experiments into space and spend up to five days in orbit. The mission’s research aims to advance both human health on Earth and the understanding of human health during future long-duration spaceflights.

Schwab’s stock dips as TD Bank reduces its stake by $3.4 billion

TD Bank sold 40.5 million shares of Schwab’s stock.

The market is already maximally bearish on the dollar, Barclays says

The U.S. dollar may be under pressure, but an extended decline is unlikely given structural support and because the market is already “max bearish,” according to Barclays.

As Nvidia earnings approach, this is the ‘wildcard’

There’s been a lot of talk about potential delays for the new Blackwell chip lineup, but a more immediate question centers on supply constraints for the Hopper line.

Why is the U.S. Treasury blocking the Fed’s effort to fight inflation?

U.S. Treasury’s debt issuance has effectively offset all of the Fed’s 2023 interest-rate hikes.

After Powell gives his Jackson Hole speech, the markets may wish they’d never heard it

The Fed’s rate-cut timeline could disappoint stock and bond investors.

Jobless claims edge higher, but layoffs still low even as labor market cools

The number of Americans who applied for unemployment benefits last week rose slightly to 232,000, but it was another low reading that signals few people are being laid off even as jobs become harder to find.
1 581 582 583 584 585 2,052