Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround
Shares of Stitch Fix Inc. fell after hours on Tuesday after the online styling service forecast quarterly and full-year sales that were weaker than expected,...
Why having kids is such a struggle for families making less than $166,000
Families who pay for child care now spend an average of 18.6% of their income on this service.
Fed’s favorite PCE inflation gauge likely to show cooling inflation and back further rate cuts
The rate of U.S. inflation using the Federal Reserve’s favorite gauge is likely to show prices rising in August slightly faster than the central bank’s...
Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban
Republican presidential nominee Donald Trump on Tuesday offered promises to reverse offshoring by U.S. manufacturers, while Democratic rival Kamala Harris’s campaign deployed prominent supporter Mark...
5-year Treasurys tend to beat cash after first Fed rate cut, this chart shows
For investors considering moving out of cash now that the Federal Reserve has started cutting interest rates, returns from the U.S. Treasury bond market have...
Costco made these subtle changes, adding enough ‘friction’ to prompt a downgrade
Shares of Costco Wholesale Corp. pulled back Tuesday, after Truist analyst Scot Ciccarelli recommended investors stop buying due to concerns that historically rich valuations increase...
Elon Musk says humans could soon be heading to Mars. This former astronaut begs to differ.
“I wish he was right, but the reality is that Mars travel, for people, is very risky right now and all the risks are not...
Novo Nordisk CEO spars with lawmakers over Ozempic, Wegovy prices
The CEO of Novo Nordisk faced pointed questions about the cost of Ozempic and Wegovy on Capitol Hill Tuesday, as lawmakers pressed the Danish pharmaceutical...
Buy this REIT’s stock to make money on the rapid aging of America’s population
The baby-boomer generation is “fast marching into retirement,” and BofA Securities picked out a stock investors can buy to benefit from that aging trend.