Articles

Why the innovative 2024 Hyundai Ioniq 5 is such a great buy

Is the Hyundai Ioniq 5 an SUV? A hatchback? Or something gifted to us from a far more intelligent society of the future? It feels like all those things.

S&P 500 futures approach record levels as traders brace for options expiration

The Dow industrials is poised for the third-straight record session, but triple witching and index rebalancing could make for a volatile Friday.

GM to lay off about 1,300 in Michigan as Bolt, Camaro end production

According to filings Thursday with state regulators, the automaker will lay off 945 workers at its Lake Orion, Mich., facility, and 369 at its Lansing Grand River assembly/stamping plant.

China economic data shows some renewed signs of weakness

China's economy showed some renewed signs of weaknesses as key gauges for consumption and investment missed expectations, while Beijing continues to grapple with challenges including a drawn-out property market slump and waning business confidence.

U.K. consumer confidence rises at start of festive shopping season, survey says

U.K. consumers felt increasingly optimistic in December, heralding good news for spending as the country enters the vital festive shopping season, according to a closely watched survey set out Friday.

Intel has big plans for AI-capable PCs, but that may take time to catch on

Intel Corp. is creating an ecosystem to foster the development and use of artificial intelligence on the PC, just as it did for the early days of WiFi, but it will not happen overnight.

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This S&P 500 equal-weight ETF saw record inflows in 2023. Why the ‘anti-momentum’ fund is back in favor with investors

The Invesco S&P 500 Equal Weight ETF has seen a notable jump in interest and net inflows in 2023, despite the continued dominance of mega-cap technology stocks.

Traders brace for chaotic ‘triple witching’ Friday as $5 trillion in expiring options collides with index-rebalancing mania

Options contracts tied to more than $5 trillion worth of stocks, exchange-traded funds and indexes are set to expire on Friday as the latest "triple witching" expiration event collides with the rebalancing of the S&P 500 and Nasdaq-100.

Why Amazon’s stock could be 2024’s biggest winner among major internet names

Amazon shares offer the most upside among large-capitalization internet companies going into next year, an analyst wrote Thursday.

Commercial real estate a top threat to financial system in 2024, U.S. regulators say

The Financial Stability Oversight Council issued its annual report Thursday, and listed commercial real estate as the first in its list of financial risks to the U.S. economy.

Costco’s quarterly sales rise 6% to top $57 billion

Costco Wholesale Corp. shares edged higher in the extended session Thursday after the retail giant reported fiscal first-quarter earnings and revenue that were in line with expectations.
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