Articles

Nutanix offers weaker guidance, and stock drops 12%

Shares of Nutanix Inc. fall more than 12% in the extended session Thursday after a mixed quarter for the cloud computing company.

Target’s plan to scale back 2024 Pride Month merchandise is ‘a no-win situation,’ retail expert says

Target said its 2024 Pride collection will be available on its website “and in select stores, based on historical sales performance.”

C3.ai rides ‘intensifying’ wave of AI demand as revenue jumps 20%

Software company reports narrower-than-expected quarterly loss and revenue above Wall Street estimates.

UiPath’s stock gets slammed upon CEO’s abrupt exit, big miss on guidance

The company is reappointing cofounder Daniel Dines to be the CEO after he stepped down from leading the software company earlier this year.

Jamie Dimon sees potential trouble — and opportunity — in private credit

JPMorgan chief foresees clients with locked-up funds demanding their money back and calling their congressperson to complain if trouble arises in the private-credit world

Why 10-year Treasury yields should fall into year end, based on 60 years of history

It may be time to buy the dip in the 10-year Treasurys heading into year end

How fast food became America’s hot new status symbol

The once humble combo value meal is, increasingly, a habit of well-heeled diners who are also looking for ways to spend less as prices rise. In this economy, being high-income isn’t what it used to be.

U.S. economy is expanding, Fed’s Beige Book says, but businesses are less gung-ho

Inflation and high interest rates hold back growth

Is Donald Trump’s run of good fortune about to end? It’s all in a jury’s hands now.

A guilty verdict could cause significant problems for Trump, who would face a possible jail term and continued distractions from his presidential campaign.

‘My peers have 10 to 20 times more set aside for retirement’: I’m 67 and have $100,000 saved. I want to retire in three years. Can I do it? 

“I’m estimating an income of $3,500 to $3,700 per month from Social Security, and around $750 a month from a pension.”

Bitcoin boosters fear crypto world is getting ‘rug pulled’ by Congress

A bitcoin purist warns lawmakers don’t have crypto’s interests at heart

Older workers opting out: Fewer people plan to work after age 62

Are older workers more confident in their finances or more realistic about their prospects?
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