A Macy's store is seen at Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty.Several hard-to-predict factors will...
Barry Bannister is unimpressed by the stock market's run to record highs. The broad market index has soared to record levels to start the fourth quarter, as the Federal Reserve begins its rate-cutting cycle. Over the past month, the S...
SpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket's more than 20-story tall booster.The achievement marks a major milestone toward SpaceX's goal of making Starship a fully reusable...
Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | ReutersWhen Facebook changed its name to...
Dispensers for Charged Lemondade, a caffeinated lemonade drink, at Panera Bread, Walnut Creek, California, March 27, 2023.Smith Collection | Gado | Getty ImagesPanera Bread has settled with the family of an Ivy League student with a heart condition who died...
Well, that was unexpected. The U.S. economy added a whopping 254,000 jobs in September, nearly 100,000 more than economists expected. The unemployment rate, which was expected to hold steady at 4.2%, slipped to 4.1%. Wages also rose more than expected...
The final three-month stretch of 2024 is here, and Wall Street is riding high. The S & P 500 closed at a fresh record on Monday, putting the benchmark up 20.8% for the year, excluding dividends. That marks the benchmark's...
The bull market continues to command respect. Most investors are now granting it, some more grudgingly than others. Start with the S & P 500 's 20% gain for the year, averaging more than one record high per week, the...
Fintech stocks have been in a rut since 2021. That may be about to change. Wolfe Research technical strategist Rob Ginsberg pointed out the Global X FinTech ETF (FINX) is close to reaching the $30 level for the first time...
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to...
