Articles

Mpox vaccine maker Bavarian Nordic’s stock jumps 10% as European country places jumbo order for doses

Second-quarter earnings beat estimates and company guides to top of full-year range

Target’s results show struggling shoppers are turning to biggest chains for relief, analyst says

Over the past two years, retailers have had a tougher time getting inflation-battered shoppers to spend at their stores. But for the biggest chains, some analysts say, that’s become less of a problem.

Tim Walz took an early withdrawal from his retirement account. Is it ever OK to dip into your 401(k)?

The Democratic vice-presidential candidate’s campaign confirmed Walz’s withdrawal from a 401(k)-type plan.

Say goodbye to the retirement ‘5.5% rule’

Annuity rates won’t last.

Gold prices on track for their lowest finish in a week

Gold traded sharply lower on Thursday, with strength in the U.S. dollar contributing to weakness in prices of the precious metal just two days after it marked a fresh record high.

Powell’s Jackson Hole speeches tend to lift the stock market — but when they don’t, the drop is a doozy

Stocks have usually climbed when Fed Chair Jerome Powell speaks at the Jackson Hole Economic Symposium — with two big exceptions.

Estée Lauder upgraded to overweight at Piper Sandler after stock drops nearly 40% in 2024

Estée Lauder drew an upgrade to overweight from neutral at Piper Sandler on Thursday as analyst Korinne Wolfmeyer said she’s more bullish on the beauty giant after its stock has lost more than a third of its value so far this year.

Here’s the case for Amazon as a value stock to buy now

Charles Lemonides of ValueWorks makes the case that Amazon is a bargain stock on a sum-of-the-parts basis.

‘Getting off data dependence’ is key for Fed’s soft landing, says Fundstrat’s Tom Lee

Tom Lee, managing partner and head of research at Fundstrat Global Advisors told CNBC’s “Squawk Box” that the Federal Reserve’s reliance on economic data to make interest-rate decisions may end up hurting the U.S. economy.

Mortgage rates inch down, but home buyers remain ‘lethargic’

The 30-year mortgage rate is averaging 6.46%, Freddie Mac said in its latest weekly survey on Thursday.

Williams-Sonoma’s stock slides 9% after revenue falls short of estimates and retailer trims guidance

Home furnishings are being hurt by uncertainty about the economy and a slow housing market, CEO says.

Removing Ben & Jerry’s ‘distraction’ allows for Unilever double upgrade, Bank of America says

Unilever was given a double a upgrade to buy by BofA, which said the sale of Ben & Jerry’s removes a “distraction.”
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