10-09-2024
Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon take the spotlight as a potential hurricane churns in the Gulf of Mexico.
10-09-2024
Concerns about China’s economy have dulled the outlook for energy demand — contributing to a drop in U.S. and global oil prices to their lowest levels in over two years on Tuesday, while exacerbating U.S. recession fears in some parts of the financial market.
10-09-2024
How big a pair of scissors will the Fed take to interest rates? It’s a big topic as investors await inflation data due Wednesday.
10-09-2024
On his second day in charge, new Starbucks chief executive Brian Niccol wrote a letter to customers, employees and shareholders saying his focus in his first 100 days will be “getting back to Starbucks.”
10-09-2024
Ally Financial Corp.’s stock fell sharply on Tuesday after the consumer lender said delinquencies in its retail car-loan business were up more than expected as people continue to struggle with inflation.
10-09-2024
Investors will look for signs that the debate is breaking open a too-close-to-call contest.
10-09-2024
Why would anyone think politicians and bureaucrats in government have greater investment wisdom and expertise than people in business and finance? And why would anyone think U.S. politicians could be trusted to handle all that money responsibly?
10-09-2024
Financial stocks in the S&P 500 have posted bigger gains than the broader U.S. stock index over the past year, with their run-up signaling equity investors’ positive view of the economy, according to DataTrek Research.
10-09-2024
An overwhelming number of analysts still rate Nvidia a buy, and they expect a significant gain for the stock over the next year.
10-09-2024
Federal Reserve official Michael Barr on Tuesday unveiled lighter capital requirements for banks than previously proposed after blowback from the financial industry and politicians.
10-09-2024
Investors should run, not walk, away from these stocks
10-09-2024
The company claimed its pods could be recycled anywhere, even though the two biggest recycling companies in the U.S. said they wouldn’t take them, regulators said.
