Articles

Layoffs remain low as first-time jobless claims decline

Initial jobless claims fell by 2,000 to 231,000 in the week ended August 24, the Labor Department said Thursday.

Tesla is the Apple of energy, analyst says in new bullish call on the stock

A William Blair analyst likes Tesla’s energy-storage offerings and thinks that business could get more attention while EV expectations are more muted.

Jack Daniel’s parent Brown-Forman’s fiscal first-quarter profit and sales lag estimates

Brown-Forman Corp., parent to alcohol brands including Jack Daniel’s, posted weaker-than-expected fiscal first-quarter earnings on Thursday, as the consumer continues to be picky about spending.

As Nvidia’s stock falls on earnings, these analysts say to buy the dip

Nvidia’s stock is “still too cheap to ignore,” one analyst says, while cheering the long-term AI narrative.

Burlington Stores profit more than doubles, stock rises

Sales rise 13% as margins improve

Oil prices tick higher as standoff over Libya central bank curtails supply

Oil futures edged higher early Thursday, finding support as discord in Libya continued to limit supply from the OPEC producer.

Friday’s PCE inflation report: Here’s how financial markets may react

The July personal consumption expenditures inflation report on Friday is likely to reassure investors that an initial interest-rate cut by the Federal Reserve is in store for next month — but don’t expect the stock market to celebrate, according to market experts.

Cava’s stock falls 2.5% as Morgan Stanley downgrades on valuation grounds

Cava Group Inc.’s stock fell 2.5% early Thursday, after Morgan Stanley downgraded it to equal weight from overweight following its stellar run in the year to date.

Best Buy’s stock rises as it lifts 2025 profit outlook

Electronics retailer said industry is ‘showing signs of stabilization.’

I’m 80 and I’m in debt to my ‘best friend’ over an outstanding mortgage. I’m about to lose my house. What can I do?

“I thought about setting up an online fundraiser, but don’t know if anyone would help me.”

Retail investors are bullish on stocks ahead of the Fed’s rate cut next month

Many believe that the Fed will begin its rate cutting cycle in September.

Birkenstock’s stock slides 12.6% after profit falls short of estimates

German sandal maker backed medium and long-term profit goals.
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