Articles

Global electricity demand to double by 2050, IEA’s World Energy Outlook says

Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said

Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years

Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.

‘The brand heat is undeniable.’ What analysts are saying about the latest beat-and-raise at Adidas

Analysts drew contrasts with Nike’s struggling performance after Adidas reported another beat-and-raise quarter.

Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

This cruise line had 3 ships ranked near the bottom of the CDC’s ‘vessel sanitation’ list

Sanitation is a major issue for cruise ships.

Mortgage demand plunges as 30-year rate surges

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Oil prices edge lower after Tuesday rout as investors weigh demand outlook

Crude futures were slightly lower early Wednesday, drifting to the downside a day after a rout sparked by news reports that Israel won’t attack Iran’s oil facilities.

Einhorn says it’s the most expensive stock market since at least 1996

One leading hedge fund says it’s not just tech stocks with nosebleed valuations.

How the U.S. economy became so hostile to parents — and who benefits

The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively working against them.

Here’s how long it will take for inflation to hurt less, according to Fed’s Daly

Prices still weigh heavy on the minds of consumers, the San Francisco Fed president said. Here’s when that might start to change.

Biotech stock tumbles after unexplained 1,446% gain

Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.

Stellantis’ third quarter shipments drop 20% on slower sales in North America

Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024
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