Claims drop 4,000 to 217,000, fourth drop in past five weeks
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.
Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.
Bigger may not be better — or it may be just what you need — but there are other factors.
Bonds have kept pace with stocks throughout U.S. market history.
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
