Articles

Potential bitcoin ETF options could transform crypto trading and squeeze prices higher

Crypto bulls have expected the potential approval of options on bitcoin ETFs to allow institutional investors to execute more strategies, including some that may lead to bitcoin’s price much higher.

United Natural Foods ekes out an unexpected profit and stock rallies more than 20%

Company sales rise 10%, beating analyst estimates

Apple’s stock paces Dow laggards as a rare bear voices concern on iPhone sales

A Barclays analyst says the December quarter “looks to be increasingly at risk” as iPhone demand could disappoint.

Cannabis helping shape presidential race, with votes set for Florida, North and South Dakota

Cannabis is playing a bigger role in the U.S. presidential race than in any past campaign, with Vice President Kamala Harris reaffirming support for legalization this week.

EVs and the election: Here’s how the $7,500 tax credit might change if Trump wins

MarketWatch digs into what the Trump-Vance ticket and the Harris-Walz ticket are promising for the electric-vehicle industry and car buyers.

Construction spending dipped in August ahead of Fed rate cut

Construction spending fell 0.1% in August, the Commerce Department reported Tuesday.

Job openings rebound. Yet many workers are still not finding jobs.

U.S. job openings rose toward the end of summer for the first time in three months, but people looking for work are having a harder time getting a job since fewer companies are hiring.

Spices maker McCormick benefits as people cook more but won’t sacrifice flavor

McCormick’s stock edged higher Tuesday, after the spices and flavor company beat fiscal third-quarter profit expectations and raised its full-year outlook, as volume increased for the first time in about three years.

U.S. manufacturing activity contracts for the sixth straight month

ISM PMI holds steady at 47.2% in September, below forecast 47.5%

Port strike could bring biggest impact to these retailers, says Truist

An extended strike could mean higher logistical and supply-chain costs — as well as potential product shortages — for some big names in retail, according to Truist.

Schwab CEO Walt Bettinger to retire after leading financial firm since 2008

Schwab names insider Rick Wurster to be chief executive after working as president of the firm since 2021.

Disney’s slowing park attendance will weigh on the stock for the next 12 to 18 months, analysts say

Walt Disney Co.’s stock fell 0.9% in premarket trade Tuesday, after Raymond James downgraded it to market perform from outperform, and said a number of headwinds, notably its park division, will keep it range-bound for the next 12 to 18 months
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