Articles

OPEC+ delaying its oil-output increase won’t solve ‘pervasive’ worries over weak demand

The Organization of the Petroleum Exporting Countries and its allies on Thursday decided to postpone an increase in crude-oil production. But supplies aren’t the only problem for oil.

What’s next for Boeing after the Starliner snafu?

Boeing’s troubled Starliner capsule will leave the International Space Station on Friday and return to Earth uncrewed — leaving two NASA astronauts to catch a ride home with SpaceX.

The Japanese yen still poses ‘a very big risk’ to global markets. Here’s why.

There’s one big factor behind early August’s scare in the U.S. stock market which hasn’t gone away and has little to do with a U.S. economic slowdown. It’s the popular currency approach known as the carry trade.

WK Kellogg is upbeat about going it alone as CEO says ‘don’t sleep on our core brands’

Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin Bran after breaking off from Kellanova last year.

Kamala Harris’s corporate-tax plan could cut S&P 500 earnings by 5%: Goldman Sachs

The candidates in the 2024 presidential election have presented starkly different visions for corporate taxation — and if implemented, they could have a major impact on the stock market.

JetBlue’s stock jumps 8% after airline raises third-quarter guidance to reflect better-than-expected revenue trends

JetBlue Airways Corp.’s stock jumped 6% early Thursday, after the discount airline raised guidance for the third quarter after revenue was boosted by improving in-month bookings and strength in Latin America, among other factors.

After its August selloff, the U.S. dollar may face more downside risk ahead

The U.S. dollar has held its ground this week after a sharp decline in August that sent the dollar index to its worst month since November — but strategists at BofA Global Research believe its recent weakness will lead to further downside for the greenback over the next few months.

Jobs report holds key to size of Fed rate cut. Forecast: 161,000 new hires, 4.2% unemployment

The U.S. jobs report is always a big deal on Wall Street, but the August payroll numbers loom even larger. They could sway how much the Federal Reserve cuts interest rates this month.

The floodgates on the IPO market are unlikely to open before yearend

The U.S. initial public offering market could see 30 to 50 more deals before year-end to raise about $10 billion, but the floodgates are unlikely to fully open before 2025, given recent market volatility and the uncertainty created by the U.S. presidential election.

Mortgage rates stall ahead of jobs report, but here’s how home buyers can save up to $4,800 a year

Markets await the release of ‘highly anticipated’ jobs report on Friday, Freddie Mac says

‘I’m starting to panic’: Congrats, you’re a millionaire and you didn’t even know it (thanks to pensions)

A reader is panicked about amassing $1 million before retirement, but does not realize that she and her husband are already there.

As C3.ai’s stock sinks, the CEO sees a ‘misunderstanding’

C3.ai shares are down after earnings showed a different business mix than analysts were expecting, but the CEO says that’s not a bad thing.
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