EverydayRead

Jobless rates fall for Black and Hispanic men in September

Job seekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26, 2024.Joe Raedle | Ge...

Federal Reserve will opt for slow policy easing as there’s ‘still work to do’ on inflation, Fitch says

Chris Wattie | ReutersThe U.S. Federal Reserve's easing cycle will be "mild" by historical standards when it starts cutting rates at its Septembe...

We ranked the latest earnings reports from 30 portfolio stocks from great to ugly

It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt were good-to-great earnings re...

Volvo Cars cuts margin and revenue aims after ditching 2030 electric vehicle target

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024.Cfoto | Future P...

Business

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France. Kristy Sparow | Getty Image...

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim t...

MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022.Ronald Martinez | Getty ImagesMajor League Baseball and the At...

Disney earnings offer hope that streaming can successfully supplant linear TV

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty Images...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its t...

The Federal Reserve may have pretty much just hit its 2% inflation target

Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the W...

Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases

A Macy's store is seen at Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but re...

Earnings

Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel

Signage outside the Nasdaq MarketSite in New York on March 23, 2023.Stephanie Keith | Bloomberg | Getty ImagesWith quarterly earnings from tech's...

Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings

Alibaba posts profit beat as China looks to prop up tepid consumer spend

Jim Cramer’s week ahead: Earnings from Nvidia, TJX and Walmart

Latest

U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., ...

Here’s where the jobs are for October 2024 – in one chart

Getty ImagesThe jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed pict...

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim t...

Hyundai reveals all-electric Ioniq 9 three-row SUV

2026 Hyundai Ioniq 9 EV.HyundaioHyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for ...

Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees

The Senate Judiciary Committee convened on Tuesday for a hearing on the alleged Visa-Mastercard "duopoly," which committee members from both side...

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024.Brendan McDermid | Re...

Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings

Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its ...

Comcast will announce the spinoff of cable networks Wednesday, sources say

The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast is moving forward with the spin...

NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights

A view of the NBA on TNT logo on a broadcast camera prior to the start of the third quarter of Game Four of the Western Conference Second Round P...

How to protect your portfolio against risks tied to President-elect Trump’s tariff agenda

Money manager John Davi is positioning for challenges tied to President-elect Donald Trump's tariff agenda.Davi said he worries the new administr...

Annual inflation rate hit 2.6% in October, meeting expectations

Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The co...

Alibaba posts profit beat as China looks to prop up tepid consumer spend

Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesChinese e-commerce behemoth Alibaba on Friday beat profit expectations in its Septe...

Economy

Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedl...

Here’s where the jobs are for October 2024 – in one chart

Getty ImagesThe jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed pict...

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024.Brendan McDermid | Re...

Annual inflation rate hit 2.6% in October, meeting expectations

Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The co...

UK economy surprises with September contraction, grows just 0.1% in the third quarter

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local g...

Finance

Hedge funds performed better under Democratic presidents than Rep...

Admin—November 13, 2024 0

Traders work on the floor of the New York Stock Exchange. NYSEThere's been a rush of enthusiasm on Wall Street regarding Donald Trump's elec...

Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’

November 11, 2024

China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt

November 9, 2024

UniCredit and Commerzbank square off with target hikes amid takeover battle

November 7, 2024

Earnings

Spotify shares pop on better-than-expected profit forecast

Admin—November 13, 2024 0

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Brendan Mcdermid | ReutersSpotify shares ro...

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

November 11, 2024

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

November 9, 2024

E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain

November 7, 2024

Economy

What Trump’s historic election victory means for the global econo...

Admin—November 13, 2024 0

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July 8, 2024.Nurphoto | Nurphoto ...

Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

November 11, 2024

Powell and the Fed won’t be able to avoid talking about Trump forever

November 9, 2024

The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know

November 7, 2024