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Best Buy’s stock rises as it lifts 2025 profit outlook
Electronics retailer said industry is ‘showing signs of stabilization.’
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29 de agosto de 2024
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I’m 80 and I’m in debt to my ‘best friend’ over an outstanding mortgage. I’m about to lose my house. What can I do?
“I thought about setting up an online fundraiser, but don’t know if anyone would help me.”
29 de agosto de 2024
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Retail investors are bullish on stocks ahead of the Fed’s rate cut next month
Many believe that the Fed will begin its rate cutting cycle in September.
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Birkenstock’s stock slides 12.6% after profit falls short of estimates
German sandal maker backed medium and long-term profit goals.
29 de agosto de 2024
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Here’s how low mortgage rates have to go to restore the frozen U.S. housing market.
The monetary transmission mechanism is weak, so how low must rates go to stimulate the housing market
29 de agosto de 2024
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‘A passenger hit me on a flight’: We argued over the armrest. Did I do something to invite trouble? Should I sue for compensation?
“I am anxious about traveling this Labor Day weekend.”
29 de agosto de 2024
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Treasury yields ease ahead of latest U.S. jobless claims report
Bond yields were down slightly Thursday morning as traders awaited a report on the U.S. jobs market.
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Late talk show host Phil Donahue’s huge mansion for sale for a whopping $27.5 million
The megamansion in Westport, Conn., was put on the market just weeks before Donahue died on Aug. 18.
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Shaq makes a slam-dunk with sale of $1.7 million Texas mansion
Former NBA star Shaquille O’Neal has sold his mansion outside Dallas just one month after putting it on the market.
29 de agosto de 2024
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The dumb money poured into Nvidia ahead of its results. It could’ve been worse.
Retail investors — known pejoratively as the ‘dumb money’ on Wall Street — loaded up on Nvidia ahead of the microchip maker’s poorly received results.
29 de agosto de 2024
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Maersk’s top shareholder to buy Sweden engine part maker for $843 million
The lead shareholders of shipping giant AP Moller-Maersk agreed to buy Swedish engine part maker Concentric for 8.58 billion Swedish krona ($843 million).
29 de agosto de 2024
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DraftKings agrees to buy in-game betting company Simplebet
DraftKings Inc. is looking to bolster its in-game betting technology, announcing a deal Wednesday to acquire Simplebet Inc.
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Nvidia CEO’s swagger isn’t enough to support the stock, as tiny cracks emerge
Nvidia Corp. co-founder and Chief Executive Jensen Huang wasn’t able to completely assuage all the concerns from Wall Street on Wednesday, as the chip designer is seeing some of its heady growth slow amid a slightly delayed new-product launch.
28 de agosto de 2024
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Yelp files antitrust suit against Google, claiming it stifles competition
Yelp Inc. took its long-simmering feud with Google to the next level Wednesday, filing an antitrust lawsuit against the tech giant and accusing it of using its dominant position to crush competition.
28 de agosto de 2024
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Restaurants are struggling as price increases backfire. But these chains are feeling pretty good.
Following a steep rise in food prices, big restaurant chains like McDonald’s Corp. and Starbucks Corp. this year have warned of a more circumspect customer. But not everyone in the industry is seeing it.
28 de agosto de 2024
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Ford has retreated from its DEI goals. A new study says companies that embrace them are more innovative.
Days after Lowe’s Cos. backed away from its diversity, equity and inclusion plans, Ford Motor Co. said it has done the same over the past year as DEI practices face attacks in court and from conservative activists.
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Nutanix stock jump 14% after earnings beat, strong revenue guidance
Shares of Nutanix rose after the cloud-software company posted better-than-expected quarterly results and projected revenue for the current year ahead of Wall Street estimates.
28 de agosto de 2024
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BJ’s Restaurants CEO Levin steps down; ex-Darden CFO to lead on interim basis
BJ’s Restaurants said its chief executive Gregory S. Levin has stepped down, and that board member and former Darden’s Restaurants’ Chief Financial Officer C. Bradford Richmond has taken over as interim CEO.
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Why Yardeni likes home-builder stocks despite drop in consumer plans to buy homes
While high home prices remain an obstacle to prospective home buyers even as mortgage rates fall, pent-up demand should benefit home builders in the stock market, according to Yardeni Research.
28 de agosto de 2024
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The SEC just gave OpenSea a ‘Wells notice.’ Here’s what that means for the NFT platform.
NFT exchange OpenSea just received bad news from the securities regulator.
