Case-Shiller 20-city home price index rose 5.2% year-on-year in August.
The U.S. trade deficit in goods jumped 15% in September to 2 1/2-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.
Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environment pressured earnings.
Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.
JetBlue’s stock drops after Q3 results beat expectations but the Q4 revenue outlook disappointed.
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
The German sportswear company had been embroiled in a long-running dispute with the rapper now known as Ye over its decision to end its partnership with him in October 2022.
Microsoft has shuffled its reporting categories, meaning investors shouldn’t compare Wednesday afternoon’s segment results to the consensus view.
SoFi’s personal-lending segment saw record originations in the third quarter.
The company’s stock was down in premarket trades Tuesday morning.
Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.
Oil futures bounced modestly Tuesday, finding support after the Energy Department said it was seeking to buy 3 million barrels of crude to help replenish the Strategic Petroleum Reserve.
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”
D.R. Horton, the largest U.S. homebuilder by market cap, on Tuesday reported earnings well below estimates as it said interest rates were keeping buyers on the sidelines and forcing the company to provide more incentives.
The Boeing Co. said Tuesday it will raise almost $21 billion from the capital raise announced Monday through public offerings of common stock and depositary shares, more than the roughly $19 billion initially mooted.
The head of BlackRock says companies are growing into ‘extreme’ price-to-equity ratios.
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.
Paid family and medical leave “has the power to improve an entire generation’s health,” American Academy of Pediatrics says.
“He isn’t interested in further formal education.”
