Articles

SAP stock falls on report of U.S. probe

SAP shares slumped on Wednesday after a report it’s the target of a probe into whether it and other companies overcharged U.S. government agencies.

Rightmove rejects REA Group’s third offer valued at $8.1 billion

Rightmove, the U.K.’s largest property listings website, has rejected REA Group’s most recent takeover offer

Amentum to replace Bath & Body Works on S&P 500

The engineering and tech-services firm Amentum will replace home-goods and fragrance chain Bath & Body Works on the S&P 500 at the end of the month, S&P Dow Jones Indices said Tuesday.

Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal

One closely-watched stock-market indicator is flashing a bright-red buy signal as more companies’ shares join the rally.

Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround

Shares of Stitch Fix Inc. fell after hours on Tuesday after the online styling service forecast quarterly and full-year sales that were weaker than expected, saying that there was “a lot of work still to do” to turn the company around.

KB Home saw better demand for its homes as mortgage rates dropped

That message of optimism was not resonating with investors late Tuesday.

How Caroline Ellison almost avoided prison in the criminal collapse of FTX

Prosecutors say Ellison proved essential in unraveling the theft of $8 billion in customer deposits and sending Sam Bankman-Fried to prison. But the judge said she couldn’t get away scot-free and sentenced her to two years in prison.

China stock-market jump may be ‘tradable rally’ — but approach with caution

Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.

Investors see risks that the inflation battle isn’t over yet

Concerns that inflation might not be so easily defeated are starting to creep back into financial markets

Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban

Republican presidential nominee Donald Trump on Tuesday offered promises to reverse offshoring by U.S. manufacturers, while Democratic rival Kamala Harris’s campaign deployed prominent supporter Mark Cuban to attack the former president’s economic proposals.

Fed’s favorite PCE inflation gauge likely to show cooling inflation and back further rate cuts

The rate of U.S. inflation using the Federal Reserve’s favorite gauge is likely to show prices rising in August slightly faster than the central bank’s 2% goal, but on a downward trend that justifies further cuts in interest rates.

Why having kids is such a struggle for families making less than $166,000

Families who pay for child care now spend an average of 18.6% of their income on this service.
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