News

According to a closely-watched momentum gauge the rally is not looking over-extended yet. But it may be getting close.

The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.

Industrial production was flat in April, the Federal Reserve reported Thursday.

Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.

Money gurus have rarely addressed all the ways that factors like culture, race and gender impact our financial habits. These young women built huge online platforms doing it — and proved there’s big business in taking the finger-wagging out of personal finance.

Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.

Deere & Co. Inc.’s stock tumbled 5.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.

Stanley Druckenmiler’s Duquesne Family Office, Druckenmiller made a bullish bet on small caps in the first quarter. And those stocks have been most unloved.

New York Fed President John Williams said April’s inflation data was a “positive” development after a string of disappointments, as he said the overall price trend “looks reasonably good.”

“It’s time to leave a legacy for our two adult children and our grandchildren.”

Shares of “Assassin’s Creed” maker Ubisoft Entertainment plunged Thursday after the group set guidance below analysts’ expectations for the current quarter, signaling a slow start to the new fiscal year following a strong fourth quarter.

BT Group shares soared Thursday, leading the FTSE 100 index’s gainers after the company said revenue for its fiscal year was boosted by price increases.

Bridgewater Associates’ founder Ray Dalio believes the U.S. is “on the brink” of a civil war and sees a 35-40% possibility of an internal conflict breaking out.

“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.

Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.

The banking industry has pulled out all the stops in its fight against new regulations that it argues will raise consumer prices for utilities, groceries and housing — and its campaign is convincing powerful lawmakers on both sides of the aisle.

BofA Securities survey shows that fund managers are staggeringly underweight in real-estate investment trusts.

Silver futures post their highest settlement since 2013 on Wednesday, and gold futures rallied, after U.S. government data revealed a slowdown in the rate of inflation, feeding expectations for interest-rate cuts this year.

Dell’s market value is set to exceed $100 billion if current gains carry through to the close.

This week’s meme-stock rally sent shares of AMC and GameStop skyrocketing, fueled by the return of Keith Gill, also known as Roaring Kitty, to social media.

A look at how individual traders have performed against their bigger counterparts underscores just how much predictive power lies in the hands of Main Street.

Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.

Mizuho analysts are betting the stock of the small biotech Terns Pharmaceuticals Inc. could rally sharply if the company’s oral weight-loss drug proves successful when data from an early-stage trial is released later this year.

Surveys of consumers as well as businesses have been pessimistic for some time. Now the hard data, such as the retail-sales report for April, is starting to weaken as well, though it’s still much better than what the so-called soft data is suggesting.

Wolfe Research analyst Steve Fleishman sees darker days ahead for SunPower shares after they’ve gotten caught up in the meme-stock momentum.

“I have a very good nose, and it smells like the inside of an air freshener.”

AMC Entertainment Inc.’s bonds were rallying Tuesday and were the biggest gainers in the high-yield space, swept up by the resumption of the meme-stock trend that took hold of markets on Monday.

Once again, Roaring Kitty is at the center of the meme-stock craze

NYCB’s stock rises 5% in premarket trading after bank announces deal to sell loans to JPMorgan Chase.

“Animal spirits are alive and well, with traders overlooking concerning inflation data to take advantage of the momentum while it’s intact,” says Tom Bruni of Stocktwits, the social platform for investors and traders.

Retail sales were unchanged in April, the Commerce Department said Wednesday. Sales at gasoline stations offset weakness in autos and several other categories.

3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half in the wake of the spinoff of its healthcare business.

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

AMC is exchanging stock for bonds that mature in 2026.

Mortgage applications rose 0.5% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.08%.

“When one friend made a fuss over wanting to fly business class, I threatened to cancel completely.”

Whether or not it makes sense to own Treasurys right now has become one of Wall Street’s favorite debates.

“It would cost about $200 for a refurbished model.”

Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.

Red Lobster is expected to file for bankruptcy by the end of the month, according to a new report, which came a day after the seafood restaurant chain abruptly closed dozens of locations.

OpenAI co-founder and chief scientist Ilya Sutskever is leaving the company, months after losing his board seat following an attempt to oust CEO Sam Altman.

The average cost of child care for two children is now greater than the average rent in all 50 states, and greater than the average mortgage payment in 45 states.

Mexico City-based carrier emerged from bankruptcy in 2022 and is generating profits.

AMC’s stock is surging at a frenzied pace.

Inflation in the U.S. is still stubbornly high, and the April report on consumer prices is unlikely to show Americans getting much relief.

The surge in GameStop may bring back memories of early 2021, but today’s investment landscape is fundamentally different.

A Wall Street analyst breaks down what would make for a “good, bad or ugly” market response to Wednesday’s CPI data.

Home Depot Inc.’s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.

Bud Light will continue losing shelf space this summer in the wake of last year’s boycott of the brand, which stemmed from a promotion featuring transgender influencer Dylan Mulvaney, but it won’t lose as much as expected, according to one analyst.

Money manager cites “client tax disbursements and seasonal advisory fee payments” for drop.

Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.

Shares of GameStop Corp. have skyrocketed in the last two days, lifted by the return of influential investor and analyst Keith Gill to social media, but investors should beware the end of the “buying frenzy,” say experts.

Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.

Federal Reserve Chair Jerome Powell said Tuesday that he sees inflation retreating in the coming months.

Trustees Report still shows 75-year deficits and exhaustion of trust fund in early 2030s

Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.

Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.

U.S. wholesale prices jumped 0.5% in April in another sign of sticky inflation.

Critics say the enrollment-management sector has pushed colleges to prioritize money and school rankings at the expense of some students.

President Joe Biden’s administration on Tuesday rolled out its much-anticipated new tariffs targeting Chinese electric vehicles and other key products from that country.

Oil futures hover near unchanged after OPEC leaves forecasts unchanged.

Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.

“The house’s tax payments remain two years behind, amounting to several thousand dollars.”

A look at the challenges restaurants can face when stepping outside their comfort zones.

On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.

The computer maker and fast-fashion retailer could both announce plans to float on the London Stock Exchange in a matter of days, as they seek to capitalize on a strong-run in the U.K.’s main bourse

GameStop shares rallied in premarket trade for a second day on Tuesday, extending gains when the investor most linked to the company’s 2021 explosion had a social-media post for the first time in three years.

Banco de Sabadell is temporarily suspending its share buyback program at the Spanish market regulator’s request following Banco Bilbao Vizcaya Argentaria’s hostile takeover approach.

Keith Gill, known as Roaring Kitty, made his return to social media Sunday, sparking a meme-stock rally that sent shares of GameStop skyrocketing.

The U.S. economy could be barreling toward 1970s-style stagflation amid a cooling economy and sticky inflation — and it could end up sparking a double-digit plunge in stocks, according to Sevens Report Research.

OpenAI has unveiled GPT-4o, the company’s latest “flagship” artificial-intelligence model, which it said offers improvements in speed and performance.

Deal making on Wall Street remains robust despite the Federal Reserve’s rate hikes since 2022.

Kraft Heinz Co. has hired financial advisers to help explore a possible sale of its Oscar Mayer unit, which makes hot dogs, cold cuts and bacon, the Wall Street Journal reported Monday, citing people familiar with the matter.

UBS Group Chief Executive Sergio Ermotti said Monday that he continues to worry about the long-term impact of inflation, but added that the global economy remains mostly stable for now.

Delta Air Lines Inc. drew praise as the strongest competitor among U.S. air carriers as HSBC on Monday initiated coverage of four big carriers amid an uptick in corporate travel.

Over 115 million pills seized by law enforcement in the U.S. last year contained fentanyl — a figure that’s more than 2,300 times greater than 2017 levels.

Gold futures on Monday look to post their biggest single-session loss this month so far, with prices easing back after ending last week their highest in three weeks.

Traders, investors and Federal Reserve policy makers alike are often loath to put too much emphasis on any single piece of data, but Wednesday’s consumer-price index for April may be a bit different.

“The ball is in BHP’s court until the 22 May put up or shut up deadline,” one group of analysts said.

Proceeds will be used to redeem the 6.375% notes that mature in 2025

The slowing progress on inflation in the first quarter is disappointing, but the healthy labor market allows the Federal Reserve to maintain downward pressure on demand until price pressures cool, Federal Reserve Vice Chairman Philip Jefferson said on Monday.

AMC shares were set to surge — and meme stocks are again in the spotlight following Roaring Kitty’s return to social media.

Apollo is front-runner on deal after it outshines KKR and Stonepeak, according to a WSJ report.

Nvidia’s stock was on track to rise Monday, as HSBC analyst Frank Lee said despite its continued big rally this year, investors are still significantly underestimating the artificial intelligence plays earnings potential.

The company is not selling the shares and will not receive any proceeds from the sale or from a debt-for-equity exchange planned with Johnson & Johnson.

Squarespace’s stock shot higher Monday after the online brand-building platform for businesses agreed to be acquired by private-equity firm Permira in a cash deal valued at $6.9 billion.

High-income people continue to dine in restaurants, while others are cutting back.

Oil futures edge higher Monday after ending last week on a down note.

The next 500 points for the S&P 500 are down, says Stifel. Here’s why.

America is polarized, with either side on an island seeing things very differently about…an electric car company?

There will be one less celebrity in the Hamptons this summer if Drew Barrymore finds a buyer for her ritzy East End place on Long Island.

Amazon said it will invest in building out cloud computing infrastructure in anticipation of growing demand from the artificial intelligence sector

Global platinum supply will fall short of demand for a second straight year, with the World Platinum Investment Council forecasting a near-record deficit for 2024 because of weak growth in supplies and a climb in first quarter automotive demand to the highest in seven...

Keith Gill is back on social media, and GameStop stock is surging.

These ideas could help protect your portfolio from stubborn levels of inflation

Groceries and houses are still way more expensive than they were before the pandemic. This week, two of the nation’s largest retailers — Walmart Inc. and Home Depot Inc. — will probably have more to say about it.

Progyny’s stock tumbled Friday after the fertility-services company said the Supreme Court of Alabama’s February ruling regarding in vitro fertilization seemed to scare off some potential customers.

If you’re worried about the projected shortfall that will come in 2035, here’s how to do the math on your own retirement-success chances.

“I don’t yet have a good strategy for liquidating my current assets for income.”

Bank of America has suddenly reported a sharp jump in the size of loans and hardship withdrawals from its 401(k) plans

Modernized senior centers offer activities and community for a growing population

The rap beef between Drake and Kendrick Lamar is leading to more sales of, well, beef.

Tesla doesn’t fit the Berkshire Hathaway formula.

Higher interest rates are actually healthy for stocks and the economy.

GameStop Corp.’s surging share price has been sparking memories of the videogame retailer’s meme-stock heyday three years ago.

The strategy of funding tax cuts with debt may no longer be feasible.

The couple found the statistical needle in a haystack — but the fix is temporary.

“I don’t have a financial adviser because no one‘s going to take $25,000.”

Is flying solo bad for your health?

Volatility in the world’s largest bond market has experienced a downward trend in 2024 — a welcome sign for stock investors, as a relatively quiet government-debt market could offer buying opportunities in U.S. equities, according to Ned Davis Research.

Under a new rule, people receiving and applying for Supplemental Security Income will now have an easier time getting benefits.

‘I am finally reviewing my financial life and have clearly made many mistakes’

Mad about your property taxes? Join the club.