Articles

Leading U.S. index falls again — but economy keeps on growing

 The leading indicators of the U.S. economy fell for the eighth month in a row in October, but there’s still no sign the current four-year-old expansion is in trouble.

Existing-home sales rise in October but remain at a low level

Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.

The actor Danny McBride’s best financial advice? Never buy a boat.

The star of numerous TV series and movies tells MarketWatch, “I’m kind of a miser. I don’t have like an exotic car collection … I’m just waiting for the bottom to drop out.”

Beyond Inc. was set to rescue the Container Store. Now that’s off the table. 

Beyond says it can’t move ahead with its planned $40 million investment.

Is higher inflation here to stay? Fed faces hurdles in quest to crush rising prices.

As inflation slowed sharply last summer, the Federal Reserve sketched out a plan to slash high U.S. interest rates in anticipation of its pending victory over runaway prices. Now that plan is risk.

MicroStrategy’s stock could do something it hasn’t done in 24 years as bitcoin surges

MicroStrategy’s stock surges toward a fourth-straight record, and fourth-straight double-digit gain, as bitcoin continues march toward $100K.

Oil prices climb 2% on further escalation in Russia-Ukraine missile exchange

Oil prices were surging over 2% on Thursday morning after Ukraine claimed that Russia launched an intercontinental ballistic missile in what would be the first use in war of a weapon designed to deliver long-distance nuclear strikes.

BJ’s stock rises on first membership fee increase in seven years

BJ’s Wholesale Club Holdings Inc. will make its first membership fee increase in seven years, the company said when it announced third-quarter results Thursday. The company’s stock is up 7.9% in premarket trades.

Jobless claims drop to seven-month low as the U.S. economy plows ahead

he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain fully staffed.

Philadelphia Fed’s manufacturing gauge shows activity contracted in November

Business index falls to -5.5 from 10.3 in prior month

Starbucks’ China business is struggling. Here’s how the company may give it a jolt.

Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.

Temu parent’s stock tumbles after a big earnings miss as competition intensified

Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.
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