Wall Street’s blistering stock rally has everyday investors eager to amplify their bets on some of the most popular names including Nvidia Corp. and Tesla Inc., even it sounds a lot like gambling.
Peacock, which will stream every Olympics event live, will raise prices by $2 a month starting July 18.
History suggests the unloved group of stocks could outperform once the Fed cuts interest rates, which now looks increasingly likely.
Chicago Fed President Austan Goolsbee on Thursday said the details of the June consumer inflation report helped build his confidence that the price level is going back toward a 2% annual rate of inflation.
PepsiCo said it would look to cut prices on some of its snack foods in an effort to increase sales.
The consumer-price index data released on Thursday, which showed a slowing pace of inflation in the U.S., could provide an ideal setup for a turnaround for bitcoin after the crypto’s lackluster recent performance.
The Biden administration is spending over $244 million to improve and expand the Registered Apprenticeship system, which the White House calls “the gold standard earn-and-learn training pathway.”
“Crash-proof” your portfolio and ride the bumps.
“It’s been a rocket ship,” Ivy Zelman, the chief executive of Zelman & Associates, a research firm focused on the housing industry, said Wednesday.
Shares of exchange-traded funds that invest in bonds were rising Thursday, as investors parsed details from a fresh report on U.S. inflation that indicated more signs of cooling.
Some shoppers may take a shop-more-to-save-more approach to rationalize the rising expense of Costco’s membership, even if this often winds up leading to bigger bills.
The solar sector has been in a slump amid lower demand thanks to high interest rates, regulatory changes in California relating to rooftop incentives and rising inventories.
The seminal rap group said it has never allowed its music to be used in product advertising and asked a judge to block the use of its hit song in an online ad campaign.
For investors, the question is whether Thursday’s rotation marks the start of a broadening out of a rally that’s taken the S&P 500 and Nasdaq Composite to a series of records in 2024.
The first decline in consumer prices in four years is encouraging, but St. Louis Federal Reserve Bank President Alberto Musalem wants to see more evidence inflation is slowing before he will back a reduction in interest rates.
Wall Street’s most reliable recession gauge now also looks like a Nov. 5 election barometer.
When Costco Wholesale Corp. announced a membership-fee increase for its shoppers late Wednesday, investors who had been eager for such a move cheered the news. Yet on Thursday, the stock fell.
This year’s deficit is on track to top last year’s, according to recent projections from the CBO.
Costco membership fees are going up to $65 for its Gold Star plan, and $130 for its Executive plan, representing a roughly 8% annual increase
The first decline in consumer prices in four years is just an hors d’oeuvre for the Federal Reserve. Its appetite to cut U.S. interest rates won’t be fully sated until the Fed gets more weak readings in its preferred inflation gauge.
