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Cracker Barrel’s earnings fall short as it works to draw customers back to its stores and restaurants

The stock of Cracker Barrel Old Country Store Inc. was flat premarket Thursday, after the rustic-themed restaurant and retail chain’s fiscal fourth-quarter earnings fell short of estimates.

Jobless claims fall to lowest level since May

Claims down 12,000 to 219,000 vs. forecast of 229,000

Politico owner Axel Springer strikes deal with KKR to split off media business

Politico owner Axel Springer has reached an agreement with its top shareholder KKR to separate its portfolio of media assets from its fast-growing classified advertisements business.

Builders FirstSource’s stock rises as it names new CEO

Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.

Olive Garden parent Darden’s Q1 earnings fall short after ‘significant’ drop in traffic in July

Darden Restaurants Inc.’s stock rose 6% premarket Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it backed guidance for the full year.

With huge NASA contract, Intuitive Machines closer to becoming ‘preeminent lunar infrastructure player’, says analyst

The award of a NASA contract worth up to $4.82 billion has cemented Intuitive Machines Inc.’s position as a key partner in the space agency’s ambitious plans for lunar exploration, according to analyst firm Benchmark.

Powell’s recalibration on rates may bring 1995-like boost to stocks: strategist

That the U.S. no longer needs “emergency levels of monetary squeeze” should be bullish for risky assets, says one strategist.

Intel’s stock ranks dead last in the chip sector by this measure

These 10 semiconductor companies are least favored by analysts.

Fed rate cut has ‘delayed but not derailed’ recession, this stock-market veteran warns. Here’s what you should buy now.

David Rosenberg: Best bets are long-term Treasury bonds and gold, plus utilities, real estate, financials and dividend-paying growth stocks.

Car buyers face a stubborn problem that Fed interest-rate cuts can’t solve: record-high prices

The Federal Reserve’s long-awaited interest-rate cut is finally here, but prospective car buyers hoping it will bring down the cost of loans shouldn’t hold their breath, experts say. 

Amazon raises pay for fulfillment and transportation workers by $1.50 an hour, adds Prime membership as benefit

Amazon.com Inc. is raising pay for fulfillment and transportation workers by $1.50 an hour starting this month, raising the base wage to more than $22 an hour, or $3,000 a year on average for full-time employees who work a 40-hour week.

Oil prices rise after Fed delivers big interest-rate cut

Oil futures rose Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.
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