RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.
Chicago business-activity index weakens further in March
The Chicago Business Barometer, also known as the Chicago PMI, weakened further in March, dropping to 41.4 from 44 in the prior month. Economists polled...
Wegovy will be covered by some insurers, but not for weight loss: report
Some large health insurers in the U.S. will start covering Wegovy, which has become a popular anti-obesity drug — but not for those using it...
‘We are blessed’: My mother, 72, gets $11,000 a month, not including income from retirement savings. Should she get long-term care insurance?
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
Walgreens books a $5.8 billion charge, sees challenging retail environment
Profit beat expectations by the widest margin in at least five years, but the stock fell as the full-year outlook was lowered.
Oil prices bounce higher, on track for solid quarterly gains
Oil futures rose Thursday, on track for solid quarterly gains.
Palantir’s ‘egregiously rich valuation’ draws downgrade to sell
Monness Crespi Hardt analyst cuts AI technology company’s rating to bring it ‘back to reality’
Jobless claims fall slightly to 210,000 and underscore strong labor market
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to hover at very low levels in a...
GDP in fourth-quarter raised to 3.4% due to stronger consumer spending
The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace, reflecting a surprisingly resilient U.S. economy.