Articles

Is the stock market open on Labor Day? Will Costco be closed?

The September holiday is the last big hurrah of summer, but that also means many businesses and offices won’t be operating as per usual.

Consumer confidence improves in August

Confidence hits 103.3 versus forecast of 101

Apple’s AI-driven ‘super cycle’ set to begin as iPhone 16 event date is announced

With the date of Apple Inc.’s next iPhone event set, investors now know when the biggest upgrade cycle in the technology behemoth’s history, driven by artificial intelligence, will kick off, according to Wedbush analyst Dan Ives.

Abercrombie & Fitch to see earnings ‘upside,’ but there’s potential margin pressure ahead: analyst

Abercrombie & Fitch Co. is expected to deliver sales growth ahead of its forecasts when it reports second-quarter results on Wednesday after a strong stock-price performance, William Blair analyst Dylan Carden said in a research note.

Home-price growth moderates in June but still reaches new record high, Case-Shiller says 

The Case-Shiller 20-city home-price index rose 6.5% year over year in June.

Oil prices edge lower but supply concerns over Libya, Middle East still linger

Oil prices were edging lower on Tuesday morning after surging more than 3% in the previous session on supply concerns triggered by escalating Middle East tensions and a potential halt in oil output and exports by Libya’s eastern government.

The U.S. dollar is close to being fairly valued for the first time since March, says Bank of America

The U.S. dollar is close to fair value for the first time since March, and so overvaluation is no longer a short-term headwind for the world’s reserve currency, according to Bank of America.

DEA sets hearing on cannabis rescheduling and delays decision until after the election

DEA sets Dec. 2 public meeting on proposal to lower cannabis to a less-dangerous Schedule III classification under U.S. law.

Hain Celestial’s stock extends big bounce after profit beats expectations

Hain Celestial’s stock were headed higher again on Tuesday, after the better-for-your foods company beat fourth-quarter profit expectations as improved gross margin helped offset a sales that fell a bit short.

Will stocks rally or fade after the Fed cuts rates? Here’s what history tells us.

A Federal Reserve interest-rate cut in September now looks like a virtual certainty. But how stocks might react to such a move remains as murky as ever.

Eli Lilly says weight-loss drug Zepbound now available in 2.5- and 5-milligram vials at 50% discount

Drug company says vials are available through its LillyDirect digital platform with on-label prescription

You keep making bad money choices. Can paying a financial adviser really help?

“Time plus stress equals hasty decisions.”
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