Articles

C3.ai’s stock is bucking the software selloff. Here’s why.

C3.ai CEO says the company is not dealing with the same budget pressures as more generalized software players.

The 4% rule is ‘blind to the new reality’ of retirement life — do this instead

Retirees need more freedom to spend earlier in retirement, researchers say

UnitedHealth’s ‘negligent’ cybersecurity needs FTC, SEC scrutiny, Wyden says

Senate Finance Committee chair Ron Wyden on Thursday called on the Federal Trade Commission and Securities and Exchange Commission to investigate UnitedHealth Group’s “negligent cybersecurity practices” in light of the cyberattack on the company’s Change Healthcare unit.

Pending home sales plunge to lowest level in four years as buyers steer clear of 7% mortgage rates

The housing market is facing a double whammy in the form of higher mortgage rates and a scarcity of homes for sale.

Kohl’s stock drops sharply as it swings to an unexpected loss and issues 2024 profit warning

Kohl’s stock could see its largest-ever one-day drop Thursday.

Why UiPath shares are cratering toward their worst day on record

The automation-software company’s earnings packed a triple whammy of customer pressures, leadership shakeup and sales tweaks.

Dollar General’s triple-play earnings beat was fueled by strong traffic growth

Dollar General’s stock marched higher Thursday after the discount retailer reported fiscal first-quarter profit, net sales and same-store sales that all beat expectations, again, as more people visited stores.

U.S. April trade gap in goods widens to largest deficit in almost two years

The U.S. trade deficit in goods widened 7.7% to $99.4 billion in April, according to the Commerce Department’s advanced estimate released Thursday. That’s the widest deficit since June 2022.

Moderna’s stock climbs on report that bird-flu vaccine funding is near

Moderna shares climbed 2.4% premarket on Thursday after a report that the U.S. government is near a deal to fund a late-stage trial of the drugmaker’s experimental mRNA bird-flu vaccine.

GDP shows U.S. economy grew just 1.3% in the first quarter as consumer spending slowed

The U.S. economy grew at a slower 1.3% annual pace in the first three months of the year, revised government figures show, largely because of softer consumer spending.

Jobless claims rise slightly to 219,000 in latest week

Four-week average of claims is highest since September

These tips for investing in mutual funds and ETFs can give your portfolio a boost

Time in the market — not market timing — creates long-term wealth
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