Articles

Jobless claims drop to lowest level in five weeks

Claims fall to 227,000 vs. 235,000 estimate

New York Empire State factory gauge contracts for ninth straight month in August

Index improves slightly to negative 4.7, above forecast

Tapestry’s stock rises as earnings for fashion brands top expectations

Parent of Coach, Kate Spade and Stuart Weitzman brands says its results beat its prediction

Harris to propose federal ban on price gouging for food and groceries

Vice President Kamala Harris’s campaign said she will call for what it says is the first-ever federal ban on corporate price gouging.

Back-to-school shopping has parents taking on debt and using buy-now-pay-later: ‘We do the best we can to keep afloat’

The cost of basic school supplies, often hundreds of dollars per child, is “an unanswered piece of why it’s so expensive to raise a child in America today.”

JD.com posts 92% increase in profits on AI-powered cost savings

The Chinese e-commerce giant outstripped expectations as it successfully increased its margins despite achieving just a small uptick in revenue

Six Flags will open seven new roller coasters in 2025

Six Flags is also expanding its All-Park Passport Add-On, and upgrading food and beverage facilities.

Investors are too complacent about obvious market risks

Debt floods the financial system, recession fears rise, and the Fed might not cut rates on cue.

Dillard’s stock slides 6% after earnings miss as CEO says consumer environment remains challenged

By category, cosmetics was the strongest performer, while mean’s clothing, accessories and shoes were the weakest.

Alibaba’s stock falls as e-commerce pressure sparks revenue miss

Alibaba came up short with revenue from its Tmall and Taobao e-commerce marketplaces, though cloud revenue exceeded estimates.

Oil attempts bounce as traders eye demand outlook, monitor Middle East threat

Oil futures were up slightly Thursday morning, attempting to bounce after back-to-back declines.

Three different factors could trigger the third wave of a stock-market pullback, says strategist

Dhaval Joshi, chief strategist of BCA Research’s Counterpoint service, says an analysis of the “price complexity” shows that the yen carry trade and the AI bubble are one and the same trade, and that any of three factors could torpedo it.
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