Earnings Results: Michael Kors parent Capri’s stock slides 27% after profit misses by a wide margin amid wholesale struggles
Growth in its own retail channel was healthy, but orders from department stores for Michael Kors products in particular were weak.
Earnings Results: Under Armour stock reverses lower as high promotions and discounts to continue as inventories keep rising
Under Armour stock pulled a sharp intraday U-turn into negative territory, after downbeat comments about gross margins, inventories and discounting.
: Social Security is finally a hot topic for Republicans and Democrats — thanks to Biden’s State of the Union speech
'So folks, as we all apparently agree, Social Security and Medicare is off the books now?' Biden asked
The Moneyist: ‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?
‘My brother’s finances are unstable, and he has a child and a high-maintenance wife. My sister is in an unstable marriage and often needs help.’
The Fed: Fed’s Waller says he’s prepared for ‘longer fight’ against inflation
Federal Reserve Gov. Christopher Waller said he's "prepared for a longer fight to get inflation down."
Outside the Box: Biden missed a groundbreaking opportunity to level with Americans about climate policy
The U.S. must make it easier to build clean-energy projects, and that starts with faster permitting.
Coronavirus Update: Georgia moves to permanently ban COVID vaccine mandates for students and public-sector workers as U.S. cases continue to fall
Georgia state senators voted to permanently block schools and most state and local government agencies from requiring people to get vaccinated against COVID.
: Tesla stock rallies toward longest win streak in 6 months, after President Biden touts moves to boost EV use
Shares of Tesla Inc. TSLA ran up 1.6% toward a three-month high in morning trading Wednesday, putting them on track to stretch their win streak...
: EIA reports weekly increases for U.S. crude, gasoline and distillate supplies
The Energy Information Administration on Wednesday reported that U.S. crude inventories rose by 2.4 million barrels for the week ended Feb. 3. On average, analysts...