Articles

The Federal Reserve’s interest-rate panic is creating a windfall for retirees

Those who need to generate low-risk income out of their savings can earn more than they could have done even a few weeks ago.

Why Brat Summer and Chappell Roan are boosting Hydro Flask parent company’s stock

Helen of Troy’s stock soared Wednesday, as the consumer-products company redeemed itself with fiscal second-quarter results in which both profit and sales beat expectations and its full-year outlook was kept intact.

Rio Tinto’s $6.7 billion lithium deal could usher consolidation in key industry for EVs

“Mega miner” Rio Tinto is shaking up the industry at a time lithium prices have dropped more than 60%.

Google could face crippling blows to AI if U.S. government gets its way in antitrust case

Recommendations include that Google be required to allow websites to opt out of being crawled for AI training and of appearing in any Google AI products, such as AI Overviews.

Reddit stock climbs after Jefferies initiates coverage with a buy rating

Jefferies estimates that Reddit’s Ebitda will more than double in the next two years to around $450 million.

‘I am now an empty nester’: I encouraged my two adult sons to move out. I was anxious and scared — now my heart is full

‘With the sale of the house, I was able to pay off some small debts, and now I am 100% debt free’

Economy ranks as No. 1 issue for Republican voters, but it’s not in Democrats’ top 5, poll finds

Ahead of next month’s election, a new Gallup poll has found no overlap at all between Republican and Democratic voters in their top five issues.

European companies could still beat earnings estimates, Barclays says

European companies are heading into the upcoming earnings season on shaky ground, but lowered earnings estimates could help them beat analysts’ forecasts in fiscal 2024.

Hurricane Milton’s impact could be felt in sectors such as building supplies, banks and hotels

Hurricane Milton, which is expected to make landfall on Florida’s Gulf coast late Wednesday, has been described as “a dangerous major hurricane” by the National Hurricane Center.

Inflation still slowing, CPI to show, but some warning signs might flash

The rate of U.S. inflation is likely to slow again in September, but fresh doubts have emerged about whether the Federal Reserve can hit its 2% target earlier than expected.

U.S., and intriguingly, Australia, have the most expensive stocks by one measure

Why one trader says most U.S. stocks are expensive, and many foreign ones are cheap.

Biogen’s stock bounces after FDA boost on kidney-transplant rejection treatment

Biogen stock was headed higher Wednesday, to bounce off an 11-year closing low, after the biotechnology company received positive news from regulators about its treatment for kidney-transplant rejections.
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