Kugler wants to see further slowdown in inflation before Fed cuts interest rates
Federal Reserve Gov. Adriana Kugler said it would be “appropriate” to lower U.S. interest rates if inflation continues to slow, but she stressed “it is...
Fed’s Barkin says it makes sense to be ‘patient’ on rate cuts
It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells MarketWatch.
Ford has a ‘Ferrari’? An unsung part of the business gets its due
Ford stock jumps after the carmaker’s quarterly beat and as a “standout” unit carries the day, but analysts remain cautious about Ford.
Spirits sales beat out beer and wine for second straight year, despite little growth
Americans are still spending on spirits, but new data from DISCUS sheds light on where and how much they are spending.
GM to spend $19 billion through 2035 to source EV battery materials from LG Chem
The contract is likely one of the largest EV supply deals that GM has signed and suggests it remains committed to EVs, despite pushing back...
Social Web3 platform Friendzone to launch on Polygon PoS
Friendzone, a decentralized social marketplace with native reward share, is set to launch on Polygon PoS. The integration will boost Friendzone’s growth as it leads...
VF has plans to fix the Vans brand which lost its way more than a year ago
Shares of VF Corp. got tripped up Wednesday, after the footwear and apparel company reported “particularly disappointing” fiscal third-quarter results, citing weakness in its iconic...
Snap’s stock implosion after big rally may capture ‘the definition of insanity’
Snap’s huge stock rally in the months before earnings confused analysts in light of persistent business challenges.
Credit-card and car-loan delinquencies are at their highest point in more than a decade
Total U.S. household debt grew by roughly 1% in the fourth quarter to reach $17.5 trillion, New York Fed reported.