Articles

Stock-market investors breathe sigh of relief after Bank of Japan blinks. They shouldn’t get too comfortable.

Stock-market bulls cheered Wednesday after a top Bank of Japan official said policymakers won’t hike rates in the face of unstable financial markets. Skeptics say any comfort may prove fleeting.

Illegal-immigration surge has cost these swing-state taxpayers billions, study says

Immigration boosts federal tax revenue, but states and localities bear unique costs.

Shopify’s stock soars more than 20% as margin performance stands out

Management showed that it’s “more committed to margin expansion than expected,” an analyst said.

Buy this stock to play an AI bounce, analyst says

The recent broad unwinding of the artificial-intelligence trade has created an opportunity to buy AI plays, like Vertiv’s stock, on the cheap, Mizuho said.

Activists want the Olympics to ditch Coca-Cola because sugary drinks are unhealthy

“By continuing its association with Coca-Cola, the Olympic movement risks being complicit in intensifying a global epidemic of poor nutrition, environmental degradation, and climate change,” a public-health organization says.

A wild week for stocks has bonds playing defense again for first time in years

Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising interest rates more than two years ago.

Ralph Lauren’s stock rises on first-quarter earnings and revenue beat, boosted by Europe and Asia

Ralph Lauren Corp. shares rose 4.3% premarket Wednesday after the apparel and accessories maker reported better-than-expected first-quarter revenue and earnings, boosted by growth in Europe and Asia.

Consumers feel frustrated with the housing market. Buying a house is unaffordable, Fannie Mae says.

Consumers are feeling frustrated by the housing market as home prices march to new heights, a new survey says.

Hilton’s stock dips on softer-than-expected outlook

Hilton Worldwide Holdings Inc.’s stock fell 1.3% in premarket trading on Wednesday after the hotel giant issued a third-quarter outlook for adjusted earnings that fell short of Wall Street analyst estimates.

Super Micro gave a whopping revenue forecast. Here’s why that’s not enough.

Analysts note “intensifying” cash burn and “materially softer” margins for the server maker.

PetIQ’s stock skyrockets after $1.5 billion sale to Bansk Group

Deal offers a 51% premium over the stock’s closing price on Tuesday.

‘You’re not stupid enough to have to work in a place like this’: It’s time to give fast-food workers some respect. Could you do what they do? 

A 39-year-old woman in Parma, Ohio was sentenced to two months working in a fast-food restaurant after throwing a hot bowl in a Chipotle worker’s face.
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