Muted wholesale inflation report likely gives final go-ahead for Fed to cut interest rates
Core producer price index rises scant 0.1% in November
Core producer price index rises scant 0.1% in November
Company sees $1.5 trillion in trade spending as a market opportunity.
GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core business is unlikely.
Initial claims rise 17,000 to 242,000
Oil prices were higher in recent trade Thursday as talk of new curbs on Russian and Iranian supply helped keep the price of U.S.-traded crude above the critical $70 a barrel level.
Why Berkshire Hathaway’s cash and short-term holdings suggest that stocks are overvalued and lower prices are coming.
Here’s what Morgan Stanley’s analysts are looking at as the world heads into 2025
The age of negative interest rates might not be over.
There are also a bunch of companies that may be removed from the Nasdaq-100 as part of its reconstitution before the end of the year.
Policy changes will be just one of the key factors for gold next year, says the World Gold Council.
Stubborn inflation and a slowing economy will cause the S&P 500 to decline next year, one strategist forecasts.
Musk’s wealth pile represents a 1.5% chunk of U.S. gross domestic product, putting him on par with John D. Rockefeller.
“I’ve been doing it for a couple years, and I have even beat the S&P 500.”
Bond yields continued to back up on Thursday as investors grappled with the idea the Federal Reserve may not be able to make many interest-rate cuts as it struggles to bring inflation back to target.
MicroStrategy’s inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a financials company
The TV host snapped up the extravagant waterfront megamansion 10 months after announcing that he was relocating to Florida.
The retired boxer has delivered a knockout sale of his enormous Florida mansion, offloading the estate for an eye-watering $22 million.
Analysts have been assessing President-elect Donald Trump’s promise — which called out environmental permits in particular — and they’re concluding that while he’s sending a clear signal, the details are still murky.
Shares of Oxford Industries sank after hours Wednesday after the maker of Tommy Bahama and Lilly Pulitzer clothing cut its full-year forecast — citing the impact of hurricanes Milton and Helene on the company’s most crucial market, the Southeast U.S.
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.