Articles

Urban Outfitters says it’s ‘optimistic’ about the holidays as results beat expectations

Shares of Urban Outfitters Inc. jumped after hours on Tuesday after the clothing retailer reported third-quarter results that topped expectations and said it was “optimistic” about holiday-season demand.

Dell sees AI-server boom gain more steam, but overall revenue falls short

Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs

Trump’s oil-drilling plans may pose a big problem for OPEC+

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s “drill, baby, drill” agenda makes matters even worse.

GameStop stock continues its climb amid squeeze chatter

Growing sentiment on Stocktwits that ‘a new squeeze is building’

Why is bitcoin’s $100,000 push stalling? These long-term holders can’t resist selling.

Data indicates long-term bitcoin holders are cashing out a portion of their holdings.

When will Trump and congressional Republicans end the $7,500 EV tax credit? One estimate says Jan. 1, 2026.

It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.

Why Trump foes can’t block day-one tariffs on China, Mexico and Canada

President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Tuesday night threat to impose 25% tariffs on Mexico and Canada and a surcharge tariff of 10% on China.

Medicare coverage of weight-loss drugs would drive up costs by billions of dollars

President Joe Biden’s proposal to have GLP-1 weight-loss drugs such as Ozempic and Mounjaro covered by Medicare and Medicaid would help tackle the public-health crisis of obesity, but it would raise the costs for the government programs by billions of dollars per year.

Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show

“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of borrowing costs, new documents show.

ETFs that buy stocks in Mexico, Canada, China drop after Trump’s tariff threat

ETFs that invest in stocks in Canada, Mexico and China were falling Tuesday, after President-elect Donald Trump warned about new tariffs

Bond-market investors look to Fed minutes for a crucial rate clue

Investors should brace for more volatility until the Fed provides more clarity on what the “neutral” policy rate might look like: DSW

Trump’s tariff pledge hasn’t sparked a stock-market panic. What investors need to watch.

“Tariff Man” is back, sending shock waves through the foreign-exchange market but leaving major U.S. stock indexes largely unmoved — at least for now.
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