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Investors continued flocking to Sweetgreen Inc.’s hot stock on Wednesday as the restaurant chain piled on more gains on the heels of a fresh upgrade to buy from hold at TD Cowen.

Philadelphia Federal Reserve President Patrick Harker will retire next June, the regional Fed bank announced Wednesday.

Barclays worries about three trends in the server maker’s business, plus inadequate investor transparency.

Amid mounting concerns about the spread of mpox, an experimental vaccine from Moderna may be poised to offer additional protection beyond currently available vaccines, research published Wednesday shows. 

Orders for U.S. manufactured goods rose 5% in July, the Commerce Department said Wednesday.  The gain follows two straight monthly declines.

Job openings in the U.S. fell to the lowest level in three and a half years and returned to prepandemic levels in another sign the labor market has softened and that work is not as easy to find.

“Right now, I am not quite prepared to declare victory over inflation,” Bostic says.

Core & Main Inc.’s stock fell about 13% on Wednesday after the St. Louis-based water, wastewater and drainage-supply distributor’s earnings fell short of analyst estimates and warned that “significant weather disruptions” have impacted its business.

Investors need more confidence in the gross-margin trajectory once Blackwell volumes ramp up, and they’ll also be looking for more proof that AI is generating customer returns.

Lyft disclosed Wednesday a restructuring of its bikes and scooters operation, which will lead to some job cuts and a charge of up to $46 million.

Trade gap hits $78.8 billion as imports surge

expenditures are high and projected to rise because national healthcare costs are out of control