Articles

Why CarMax’s stock tumbled, even as used-car prices rose for first time 2 years

CarMax’s stock having worst day since 2022 after profit misses expectations, long-term goals were put on hold given economic uncertainties.

Nvidia’s stock retreats, but analysts aren’t buying into tariff fears right now

Shares of Nvidia and other big chip companies pulled back, the day after a historic rally for the sector, as investors got back to playing offense.

Billionaire fund managers clash over Trump tariff strategy

Two high-profile hedge-fund managers employed colorful language as they debated the finer points of the tariff strategy of President Donald Trump.

GM’s cost for cars made in Mexico or Canada to rise by $4,300 per vehicle and dent profit

UBS downgrades automobile maker’s stock to neutral from buy and slashes price target on the stock to $51.

Trump’s trust can soon sell some Trump meme coins as $300 million of the coin is unlocked

The president has been promoting his cryptocurrency just as tens of millions of the digital tokens are scheduled to be released from trading restrictions

Recession fears ease as jobless claims remain at low levels

First-time unemployment-benefits claims edge upward to 223,000. That’s well below worrisome levels.

Social Security rule-reversals, office closures, cost cuts: here’s what’s happening now.

A Social Security “war room,” threats to shut the agency, worker buyouts and a restraining order — here’s a timeline of what has taken place so far this year.

Nike says its effort to focus on athletes’ needs is paying off, and the stock is rallying

Shares of Nike Inc. moved higher after hours on Thursday after the sneaker maker reported fiscal third-quarter results that beat Wall Street’s estimates, as the company tries to focus more deeply on the needs of athletes.

Shutting the Education Department won’t change curriculums — but it could impact funding of programs

The battle over the agency centers around what’s taught in K-12 schools, but one of its main functions is sending out funds to schools and colleges.

Even Republicans want to raise Social Security taxes

Wondering what fixing the program will look like? A new report gives us a clue.

The response from Jerome Powell that would terrify Donald Trump

Be careful what you wish for, Mr. President.

Southwest’s stock is on a roll. This analyst explains why he’s no longer bearish.

Melius Research no longer recommends that investors sell Southwest’s stock, saying the air carrier has done enough — including adding bag fees and cutting jobs — to turn a corner.
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