Articles

Economy grows more slowly and inflation picks up in March, S&P finds, but businesses optimistic

Businesses hired more people in March in anticipation of stronger growth later in the year.

Leading index for U.S. economy posts first increase in two years

The leading indicators for the economy rose in February for the first time in two years in another sign that the U.S. is likely to keep growing and avoid a recession.

Home sales post biggest jump in a year amid wave of new listings

Existing-home sales rose to a rate of 4.38 million in February, the National Association of Realtors said.

Could a looming chocolate crisis shake Easter after cocoa prices nearly doubled?

Easter is almost here, and record-high prices for cocoa shouldn’t squash the celebratory mood for parents looking to fill their children’s baskets with chocolate bunnies.

My husband died with no named beneficiary for his retirement plan. It’s been two years — how do I get that money?

“I was legally married to him and never spent one night away from him.”

Why Micron’s stock is cruising toward its best day in 12 years

The memory-chip market is known for being cyclical, but Wall Street seems especially excited about Micron’s ability to ride the current uptrend.

Jobless claims dip to 210,000. Layoffs show no sign of rising.

The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to show a surprisingly low level of layoffs in the economy.

Philadelphia Fed factory gauge stays in expansion territory for second straight month

The Philadelphia Fed said Thursday its gauge of regional business activity stayed in expansion territory in March, slipping only slightly to 3.2  from 5.2 in the prior month.

Fed’s interest-rate decision makes bank stocks more attractive: analyst

“It feels like the rally in the banks was perhaps because [The Fed] didn’t take rate cuts off the table despite some hotter inflation prints,” one banking analyst tells MarketWatch.

Bank of England holds rates as two voters reverse hike view

The Bank of England on Thursday said it was holding interest rates steady, with expectations that it may begin to reverse a string of cuts in as little as three months.

Olive Garden parent Darden’s stock dives after surprise sales drop, guidance cut

Darden Restaurants’ stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains reported a surprise decline in same-restaurant sales, citing a tough sales environment.

Oil prices head for back-to-back declines

Oil prices edged lower early Thursday.
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