Articles

War wasn’t enough to budge oil prices. Here’s what could spark a big move.

Analysts detail what it would take to see oil prices break out of a tight trading range.

Sony cuts 900 PlayStation jobs after PS5 sales fell short of expectations

Sony became the latest video-game business to reduce its workforce, as it announced plans to cut 900 jobs, representing 8% of its workforce.

Oil prices up on prospects for Chinese demand, as global supplies look to tighten

Oil futures head higher on Tuesday, buoyed by expectations for stronger energy demand from China and signs of tighter global supplies.

Consumer confidence falls for the first time in four months as anxiety about politics rises

Consumer confidence retreated in February from a six-month high, reflecting heightened worries about the jobs market and the U.S. presidential election.

Beauty vs. the AI beast: The company that beat Nvidia over a five-year period.

The maker of Poreless Putty Primer has outperformed the maker of advanced microchips.

‘I still can’t be sure if it’s a scam’: I lost $240,000 after a ‘friend’ I met on Instagram encouraged me to invest in crypto. Can I write off my loss?

“They now say I need to pony up $150,000 — 15% of my ‘profit’ — to pay taxes. The company said this would be reimbursed.”

Home prices hit a new all-time high in December, Case-Shiller says

Home prices in the 20 biggest U.S. metros rose for the 11th month in a row and hit a record high amid a persistent shortage of resale homes for sale.

Macy’s to close 150 stores as part of plan to boost growth and revitalize brand

Shares of Macy’s fell Tuesday after the department-store chain announced a plan to revitalize its business that includes closing 150 stores and resulted in a $1 billion charge.

How John Maynard Keynes would’ve approached idea of using frozen Russian assets to aid Ukraine’s defense

How would a legendary economist approach the issue of funding Ukraine?

Durable-goods orders drop 6.1% in January on fewer airplane contracts

Business investment is flat at the start of the year

Smucker’s profit tops estimates as Hostess acquisition sweetens its business

Smucker’s said sales rose 1% as the company focused on “prioritizing growth opportunities for our leading brands.”

Viking Therapeutics’ stock doubles after company reports positive results in trial of weight-loss drug

Investors cheer what may be a cheap way to play the current weight-loss drug mania.
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