Monday, November 18, 2024
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Stock Market

Stock Market

‘I’m not sure we need 2% inflation’: How investors are absorbing Tuesday’s CPI report

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Investors and traders continued to take February’s hotter-than-expected consumer-price index in stride on Wednesday, by signaling a willingness to tolerate above-target inflation while...
Stock Market

Dow Jones climbs 150 points, S&P 500 edges lower after 17th record high of the year

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U.S. stocks were mixed Wednesday after investors shrugged off a somewhat hotter-than-expected inflation report. Source link
Stock Market

My stepmother convinced my father to sign over his house and sell all his properties ‘so he could qualify for Medicaid.’ She has now...

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‘Upon our father’s death, my stepmother chose to split the funds among other beneficiaries, including herself and her adoptive daughter.’ Source link
Stock Market

Vera Bradley’s stock falls 10% after handbag maker’s earnings fall short of estimates

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Vera Bradley’s CEO said that “recent sales results demonstrate the need for change in our branding, product assortments and store environments.” Source link
Stock Market

Cannabis company Cresco Labs swings to a profit, while revenue beats estimates

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Cresco Labs earned nearly $5 million in the quarter, reversing a year-ago loss of $181 million. Source link
Stock Market

Petco’s stock rises 3.5% after sales beat as CEO Ron Coughlin steps down

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Petco’s better-than-expected sales come as it posts another loss amid weak demand and over-capacity. Source link
Stock Market

Inditex to launch Zara resale platform in U.S. as profit surges

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Spanish retailing conglomerate Inditex on Wednesday said it will launch its Zara resale platform in the U.S. after a year of strong profit...
Stock Market

Treasury yields little changed after inflation data barely shifts rate cut hopes

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Benchmark bond yields are barely budging early Wednesday as traders bet that slightly hotter-than-expected inflation data doesn’t rule out a rate cut in...
Stock Market

De Beers reports uptick in sales but says U.S. retailers are slow to restock

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The London headquartered company sold $430 million worth of rough diamonds in the second five-week cycle of 2024, up 15% on the first...
Stock Market

Global dividends hit record $1.66 trillion in 2023 as Microsoft reclaims top spot

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Global dividends rose 5% to a record $1.66 trillion in 2023 as growth in bank payouts compensated for lower distributions from miners Source link...
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