Markets
The U.S. economy is better than it looks — but it might be due for a slowdown
The U.S. economy is better than it looks — but it might be due for a slowdown Consumer spending soared in the second quarter. A repeat is unlikely. Read at source
Markets
Markets
Meta settles social media addiction case with California, other states for $16.7 billion
Meta and a coalition of state attorneys general have settled a major federal case centering on allegations that the social media giant misrepresented the extent of child mental health harms caused by apps like Facebook …
Markets
Wednesday's ETF Movers: MLPX, SGDM
In trading on Wednesday, the Global X MLP & Energy Infrastructure ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of DT Midstream, up about 4.…
Markets
Photronics earnings beat by $0.10, revenue topped estimates
Photronics, Inc. (NASDAQ:PLAB - Get Free Report)'s stock price gapped up prior to trading on Wednesday following a better than expected earnings announcement. The stock had previously closed at $29.32, but opened at $37…
Markets
Stocks Slightly Higher on Mixed US Economic News
The S&P 500 Index ($SPX) (SPY) is up by +0.04% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.01%. E-mini S&P futures (ESU26) are up +0.03%, and…
Markets
States sue to block Trump-backed USPS mail-ballot rule after Supreme Court setback
The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes.
Markets
The London stock market dodged a bullet with Shein | Nils Pratley
China’s fashion giant will list in Hong Kong with a shrunken price tag – and big questions over its business model
Markets
Meta dodges ‘Big Tobacco’ nightmare with $18 billion settlement in child-safety lawsuit
The social-media giant’s agreement with state officials removes a cloud that was hanging over its stock, analysts say.
Markets
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Paramount Skydance's acquisition of Warner Bros. Discovery is stalled due to an antitrust lawsuit, leaving WBD in limbo during a pivotal moment for media.
Markets
Fed, NASA and DOJ among victims of Chinese state-sponsored hacker group: Court documents
Hackers targeted networks "operated by hospitals, telecommunications providers, power companies, financial institutions, and defense contractors," a filing said.
Markets
Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause
Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create global risks.
Markets
Williams-Sonoma falls despite beating Q2 estimates
stock broke out of a trading range earlier this year to confirm its uptrend remains intact. The market reconfirmed the breakout following
Markets
Mortgage rates hit highest level in 3 weeks, weakening demand further
Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again.
Markets
Dollar Rises on US Economic News
The dollar index (DXY00) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was re…
Markets
Wall Street’s massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities
Citadel Securities’ strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.
Markets
Burnham says rising energy prices are ‘difficult’ as typical annual bill rises to £1,723 from October – business live
Gas and electricity bills to rise by £60, or 4%, to highest level in three years, regulator Ofgem announces
Markets
Customers are fleeing TurboTax over price, and Intuit’s stock is sliding
Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business …
Markets
Stocks Settle Higher as Lower Crude Prices Ease Inflation Risks
The S&P 500 Index ($SPX) (SPY) closed up by +0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.64%. E-mini S&P futures (ESU26) r…
Markets
Meta, states discuss mid-trial settlement in teen addiction case
Meta Platforms (META) has agreed to pay as much as $16.68 billion and overhaul key features across Facebook and Instagram to resolve a landmark lawsuit brought by 29 U.S. states accusing the social media giant of delibe…
Markets
Williams-Sonoma earnings beat by $0.04, revenue topped estimates
Massive earnings miss. Hello Group Inc. (NASDAQ: MOMO) reported adjusted EPS of $0.24 for Q4 2025, missing the consensus estimate of $1.53 by 84.3%. The social entertainment platform’s results fell sharply short of Wall…
Markets
Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend.
Moderna stock rallied, while Klarna and CoreWeave were among the week’s worst losers.
Markets
Two-thirds of parents don’t have this vital document they need in case of emergency
Sometimes, no matter how well you plan, unforeseen emergencies arise that exceed even the most well-cushioned of emergency funds. Catastrophic events like major medical expenses, the unexpected death of a family member,…
Markets
Am I too old for Roth conversions? I’m 84 and my wife is 77. We have $8 million saved.
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”
Markets
Soybeans Extend Gains to Tuesday’s Close
Soybeans posted gains of 11 ½ to 14 cents across the board on Tuesday. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $12.01. Soymeal futures were steady to $1.10 higher on the day, with Soy Oil b…