Articles

Consumer confidence falls for the first time in four months as anxiety about politics rises

Consumer confidence retreated in February from a six-month high, reflecting heightened worries about the jobs market and the U.S. presidential election.

Beauty vs. the AI beast: The company that beat Nvidia over a five-year period.

The maker of Poreless Putty Primer has outperformed the maker of advanced microchips.

‘I still can’t be sure if it’s a scam’: I lost $240,000 after a ‘friend’ I met on Instagram encouraged me to invest in crypto. Can I write off my loss?

“They now say I need to pony up $150,000 — 15% of my ‘profit’ — to pay taxes. The company said this would be reimbursed.”

Home prices hit a new all-time high in December, Case-Shiller says

Home prices in the 20 biggest U.S. metros rose for the 11th month in a row and hit a record high amid a persistent shortage of resale homes for sale.

Macy’s to close 150 stores as part of plan to boost growth and revitalize brand

Shares of Macy’s fell Tuesday after the department-store chain announced a plan to revitalize its business that includes closing 150 stores and resulted in a $1 billion charge.

How John Maynard Keynes would’ve approached idea of using frozen Russian assets to aid Ukraine’s defense

How would a legendary economist approach the issue of funding Ukraine?

Durable-goods orders drop 6.1% in January on fewer airplane contracts

Business investment is flat at the start of the year

Smucker’s profit tops estimates as Hostess acquisition sweetens its business

Smucker’s said sales rose 1% as the company focused on “prioritizing growth opportunities for our leading brands.”

Viking Therapeutics’ stock doubles after company reports positive results in trial of weight-loss drug

Investors cheer what may be a cheap way to play the current weight-loss drug mania.

Citigroup’s stock wins another upgrade as analysts cheer turnaround plan

One analyst sees Citigroup “executing its strategy to streamline the bank and drive growth.”

Lowe’s stock drops as home-improvement retailer provides downbeat outlook

Lowe’s beat the consensus on its earnings, but its uncertainty is raising alarm.

A taxpayer bailout for banks caught up in office carnage? Don’t count on it, says economist.

A federal bailout for banks swept up by carnage in the office sector looks unlikely, even if the situation continues to worsen, according to Oxford Economics.
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