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Has it become easier to beat index funds?

Has it become easier to beat index funds?

No, the stock market hasn’t become easier to beat. That’s important to keep in mind as a counter to the argument that, because index funds have “officially won” the battle to manage more money than actively managed funds, the stock market has become less efficient and...

Elliott and JD.com consider battle over U.K retailer

Elliott and JD.com consider battle over U.K retailer

The latest showdown between the U.S. and China may take place on the British high street. Shares in London-listed Currys CURY, +37.43% surged 37% on Monday after Chinese e-commerce giant JD.com said it was considering an offer for the struggling U.K. electrical goods...

Opinion: The AI machines are not coming for your job

Opinion: The AI machines are not coming for your job

Change is difficult. We live in an age that is changing faster than ever before, and the release of ChatGPT shows that we haven’t seen anything yet. We’d best buckle up.When I talk to business leaders, they see generative AI as presenting a fundamental opportunity for...

Grandmas are the chefs at this New York restaurant

Grandmas are the chefs at this New York restaurant

Jody Scaravella started his Staten Island restaurant, Enoteca Maria, as more of a passion project for himself than a restaurant. “Back in the beginning, it was a way for me to heal. I lost my grandparents and parents and other family and I was trying to find a way...

Nvidia may shine again when it reports on Wednesday

Nvidia may shine again when it reports on Wednesday

Nvidia NVDA, +1.52% will announce quarterly results next week, and once again the year-over-year comparisons will be astounding because the company continues to dominate the market for graphics processing units (GPU). This was pretty much a new market last year as...

Housing starts fall sharply in January

Housing starts fall sharply in January

The numbers: Construction of new U.S. homes fell 14.8% in January, as home builders scaled back new projects. Housing starts fell to a 1.33 million annual pace from 1.56 million in December, the government said Friday. That’s how many houses would be built over an...

Coca-Cola raises dividend, to boost yield to about 3.3%

Coca-Cola raises dividend, to boost yield to about 3.3%

Shares of Coca-Cola Co. gained Thursday, after the beverage giant raised its dividend, effectively increasing its yield advantage over rival PepsiCo Inc. Coca-Cola said it is raising its quarterly dividend by 5.4%, to 48.5 cents a share, from 46 cents a share....

Moon launch sends Intuitive Machines shares skyrocketing

Moon launch sends Intuitive Machines shares skyrocketing

Shares of space-exploration company Intuitive Machines Inc. rose 35.5% after the successful launch of its Nova-C lunar lander atop a SpaceX Falcon 9 rocket early Thursday. The stock is set to snap a two-day losing streak as Intuitive Machines’ LUNR, +35.34% IM-1...

Express’s stock jumps despite bankruptcy concerns

Express’s stock jumps despite bankruptcy concerns

Express Inc.’s stock was up 29% on Thursday, but was still down 38% on the week, amid concerns that the troubled clothing retailer may be close to filing for bankruptcy. Express has hired M3 and law firm Kirkland & Ellis to advise it on the restructuring of...

Shares of automakers jump on buyback and dividend boost

Shares of automakers jump on buyback and dividend boost

Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3 billion share buyback. Paris-listed Renault RNO, +6.26% said late Wednesday that it made a net profit in 2023 of...

Rakuten shares gain in Tokyo after strong outlook

Rakuten shares gain in Tokyo after strong outlook

Shares of Rakuten Group 4755, +15.82% rose sharply after its results showed a markedly better financial performance, and painted a promising outlook for the year ahead. The stock rose to an eight-month high on Thursday, gaining nearly 16% to reach 731.30 yen...

How to turn your hobby or passion into a money-maker

How to turn your hobby or passion into a money-maker

Courtney Burton has spent most of her career in the retail industry. She was a merchant for several major companies, including Target TGT, -0.20%, CVS CVS, -0.32%, Albertson’s and Lane Bryant. For the last 11 years of her retail career, she represented small companies...

5 reasons not to go out to dinner on Valentine’s Day

5 reasons not to go out to dinner on Valentine’s Day

Ah, Valentine’s Day. That day when we celebrate with our beloved, perhaps over dinner at a fancy restaurant where the Champagne never stops flowing and the steaks are cooked to perfection. At least that’s the expectation. Too bad the reality rarely measures up. Ask...

Shopify logs earnings beat, but its stock retreats

Shopify logs earnings beat, but its stock retreats

Shopify Inc. beat profit expectations for the latest quarter and projected margin improvement for the current one, but its shares were pulling back in Tuesday’s premarket action. The company, which enables businesses to run online shops, posted fourth-quarter net...

Fund managers no longer expect a recession, survey finds

Fund managers no longer expect a recession, survey finds

Fund managers are no longer forecasting a U.S. recession for the first time in a year and half, according to a closely followed survey. Bank of America’s monthly global fund manager survey finds the percentage expecting a global recession in the next 12 months has...

Hedge fund snaps up stake in Love Island maker ITV

Hedge fund snaps up stake in Love Island maker ITV

A hedge fund has bought a 5% stake in the U.K.’s largest commercial television broadcaster ITV, as the broadcaster struggles against a slump in the advertising market that has pummeled its share price in recent years.  Silchester International Investors LLP, whose...

U.S. budget deficit narrowed to $22 billion in January

U.S. budget deficit narrowed to $22 billion in January

The numbers: The U.S. federal budget deficit narrowed to $22 billion in January, down from $39 billion in the same month last year, the Treasury Department said Monday.   Economists surveyed by the Wall Street Journal had forecast a $21 billion deficit. For the first...

Oil prices pull back after surging 6% last week

Oil prices pull back after surging 6% last week

Oil futures fell Monday, pulling back after a surge that saw both Brent and West Texas Intermediate crude end last week at their highs for February as Middle East tensions rose.Price moves West Texas Intermediate crude CL00, -1.08% for March delivery CL.1, -1.08%...

At 52, planning my death helped me learn how to live

At 52, planning my death helped me learn how to live

At the end of every year in the past, I anxiously waited to crack open my new daily planner for the coming new year so I could jot down resolutions. I like a clean slate. Every year those resolutions tumbled to the bottom of my to-list before I’d finished humming...

What is Medicare Advantage and what does it cover?

What is Medicare Advantage and what does it cover?

The annual open enrollment period for traditional Medicare may have ended, but there is another open enrollment window for those who are currently enrolled in a Medicare Advantage Plan.  The Medicare Advantage open enrollment period runs from Jan. 1 to March 31 each...

What to think about ‘Peak 65’

What to think about ‘Peak 65’

A record number of people in the U.S. will turn 65 this year. Here’s how the phenomenon known as Peak 65 can affect you, even if you are not close to that age. Beth Pinsker interviews a woman who will turn 65 in June but began worrying about retirement finances back...

Expedia spooks investors with CEO change

Expedia spooks investors with CEO change

Expedia Group Inc. shares fell 13% in the extended session Thursday, as investors appeared nervous by a CEO change and looked past a quarterly beat for the online travel company. Expedia EXPE, +3.30% earned $132 million, or 92 cents a share, in the fourth quarter,...

Is an inflation shock coming? Wall Street is on guard.

Is an inflation shock coming? Wall Street is on guard.

Just a year ago, inflation seemed to be slowing quickly and hopes grew that the Federal Reserve could soon throttle back its interest-rate hikes. Then the Fed — and Wall Street — got punched in the face. The punch came from an unlikely source: the annual update by...

Wholesale inventories in U.S. rise 0.4% in December

Wholesale inventories in U.S. rise 0.4% in December

Wholesale inventories in the U.S. rose 0.4% in December, the government reported Thursday. and added to strong gross domestic product in the fourth quarter. Inventories are goods produced for sale that have not been sold yet. Businesses tend to increase inventories...

10 of the cheapest new hybrids of 2024

10 of the cheapest new hybrids of 2024

Electric cars are the hot new thing, and internal combustion-engined, or ICE, cars are the dependable, familiar thing, but hybrids offer a taste of both worlds. Partially electrified drivetrains might not be as flashy as battery-powered EVs, but hybrids benefit from...

Treasury yields hold steady as 10-year auction looms

Treasury yields hold steady as 10-year auction looms

Yields on U.S. government debt were little changed on Wednesday ahead of a $42 billion afternoon auction of 10-year notes and appearances by more Federal Reserve officials.What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y advanced 1 basis point to...

JPMorgan Chase to add 500 branches and 3,500 workers

JPMorgan Chase to add 500 branches and 3,500 workers

JPMorgan Chase & Co. said Tuesday it will add 500 branches and 3,500 employees by 2027, as the largest bank in the United States bucks the trend of layoffs and bank closures. All told, Chase JPM, +0.27% said it will renovate 1,700 locations and add 500 more...

Adam Neumann is trying to bid for WeWork, reports say

Adam Neumann is trying to bid for WeWork, reports say

Adam Neumann is trying to buy back the company he co-founded and loaded with debt. According to a letter obtained by Bloomberg News and the New York Times, Neumann is trying to buy WeWork out of Chapter 11 bankruptcy, with an assist from Dan Loeb’s Third Point. WeWork...

DocuSign plans to cut 6% of its work force

DocuSign plans to cut 6% of its work force

DocuSign Inc. said Tuesday it will take up to $32 million in charges against its earnings as part of a cost-cutting move to reduce its work force by 6%, as job reductions continue in the technology sector. DocuSign’s stock DOCU, -5.40% fell by 6.2% in premarket...

FMC stock skids on weak outlook as sales miss estimates

FMC stock skids on weak outlook as sales miss estimates

FMC Corp. shares slumped in premarket trade on Tuesday as the Philadelphia fertilizer company issued a weak outlook after missing fourth-quarter sales estimates. FMC stock FMC, -1.64% skidded 16% as the company posted adjusted earnings of $1.07 a share, a drop of 55%,...

5 things to love about the new Mazda CX-70

5 things to love about the new Mazda CX-70

If you haven’t been paying attention, Mazda MZDAY, +2.16% is developing quite a reputation for building luxury and near-luxury vehicles at less-than-luxury prices. Think of it this way: You want an Audi but prefer to pay a Volkswagen price. Cars like the Mazda...

Is Meta now a value stock?

Is Meta now a value stock?

Shares of Meta Platforms Inc. soared on Friday as the company reported a blowout fourth quarter and introduced a dividend. That raised the question of whether or not Meta can be called a value stock.Investors typically consider value stocks to be those of mature...

U.S. economy perks up early in the new year, ISM finds

U.S. economy perks up early in the new year, ISM finds

Story developing. Stay tuned for updates here. The numbers: A barometer of business conditions at service-oriented companies rose in January to a four-month high in a burst of fresh optimism about the U.S. economy. The Institute for Supply Management’s survey climbed...

Oil prices slide as traders brush off U.S. airstrikes

Oil prices slide as traders brush off U.S. airstrikes

Oil futures fell early Monday, extending the previous week’s steep decline, as traders looked past a series of retaliatory strikes on Iran-backed militants by a U.S.-led coalition over the weekend. Analysts said markets remain unconvinced conflict in the Middle East...

Bond yields continue to back up after hot jobs data

Bond yields continue to back up after hot jobs data

Bond yields continue to rise on Monday, as investors react to news the U.S. economy continues to add jobs at a brisk pace.What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was 4.44%, up 7.5 basis points. Yields move in the opposite direction to prices....