New regional Fed paper suggests central bank should return to shorter-duration portfolio
A new research paper from a regional Fed bank suggests the U.S. central bank should return to a shorter-duration portfolio that was common before the...
American Eagle saw profits grow nearly 60% as costs come down
American Eagle missed sales targets for a second quarter in a row but its profits were 60% higher as inflationary costs begin to tick down.
Best Buy’s stock rises as it lifts 2025 profit outlook
Electronics retailer said industry is ‘showing signs of stabilization.’
Cava’s stock falls 2.5% as Morgan Stanley downgrades on valuation grounds
Cava Group Inc.’s stock fell 2.5% early Thursday, after Morgan Stanley downgraded it to equal weight from overweight following its stellar run in the year...
Friday’s PCE inflation report: Here’s how financial markets may react
The July personal consumption expenditures inflation report on Friday is likely to reassure investors that an initial interest-rate cut by the Federal Reserve is in...
Oil prices tick higher as standoff over Libya central bank curtails supply
Oil futures edged higher early Thursday, finding support as discord in Libya continued to limit supply from the OPEC producer.
Burlington Stores profit more than doubles, stock rises
Sales rise 13% as margins improve
As Nvidia’s stock falls on earnings, these analysts say to buy the dip
Nvidia’s stock is “still too cheap to ignore,” one analyst says, while cheering the long-term AI narrative.
Retirement savers should be protected against costly financial advice — especially for rollover IRAs
But courts block effort to curtail conflicts of interest