Articles

A key barometer of U.S. factories fell in July for the fourth month in a row and hit an eight-month low, a sign that an ongoing slump in the industrial side of the economy has deepened.

Car-loan interest rates should begin easing off their two-decade highs once the Federal Reserve starts decreasing its benchmark rate, auto-industry experts say. The bad news is that vehicle prices remain steep.

The number of Americans who applied for unemployment benefits last week jumped to a nearly one-year high of 249,000, but the part of the increase was tied to annual auto-plant shutdowns and the details of the report were less alarming.

Shares of Kellanova rose 4.6% premarket after the food giant reported better-than-expected second-quarter results and raised its 2024 outlook.

The footwear maker has seen a 44% gain this year in its share price.

Revenue drops below expectations and full-year outlook was cut

Hershey also lowered its 2024 guidance, and expects a decline in sales this year.

Gannett Co. Inc.’s stock rose 2.9% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss.

Unit labor costs moderate

Investing in ethereum, bond ETFs rally, and funds that cushion a market downturn.

Roblox has made improvements to its AI algorithms for discovery.

The popular burger chain beats Wall Street’s revenue target.