Discretionary categories weaken as inflation cuts consumer budgets: Analyst
CFRA senior equity analyst Arun Sundaram unpacks earnings patterns ahead of the holiday season and casts projection for retail stocks.
Retail earnings stay strong despite high inflation
CFRA senior equity analyst Arun Sundaram and Strategic Wealth Partners CEO Marc Tepper discuss markets as earning season continues.
Walmart expects smaller profit drop as discounts drive demand
Walmart's total revenue rose 8.4% to $152.86 billion in the second quarter, helped by demand for food and other essential items. The retailer's stock has fallen over 8% this year.
The Fed is 'bias' towards being dovish: Market expert
Gradient Investments President Michael Binger argues that markets believe inflation has already peaked.
Home Depot beats quarterly comparable sales estimates
The largest U.S. home improvement chain's comparable sales rose 5.8% for the second quarter, while analysts had expected a 4.9% growth, according to IBES data from Refinitiv.
Climate advice from bank CEO, IRS audit targets and more: Tuesday's 5 things to know
JPMorgan's CEO offers climate change advice, an IRS whistleblower points finger at who will be audited, housing, factory reports and more that could impact Tuesday trading.
Is it too soon to celebrate better-than-expected inflation data?
'Barron's Roundtable' panel discusses if the latest inflation print will stop the Fed from raising rates.
Retailers facing challenges amid high inventories, labor shortages: Wells Fargo exec
Darrell Cronk, chief investment officer for Wealth & Investment Management, discusses earnings season and the expectations for major retailers as the companies are set to report this week.
American workforce shrinks, Tesla milestone and more: Monday's 5 things to know
Businesses continue to struggle to find employees for their openings, CEO Elon Musk reveals a new milestone for Tesla and a look at this week’s economic and earnings reports.
Walmart, Home Depot earnings, retail sales, existing home sales top week ahead
FOX Business takes a look at upcoming events likely to move financial markets in the coming days.
Stocks rise with inflation optimism, Polcari warns ‘don’t celebrate just yet’
Slatestone Wealth chief market strategist unpacks the markets and casts projections for economy, inflation in the remaining fiscal year.
Barry Knapp: Economy is ‘more resilient’ than predicted
Ironsides Macroeconomics managing partner Barry Knapp unpacks market trends following July CPI report and casts an outlook for 2023.
Markets respond positively to easing inflation numbers
Slatestone Wealth chief market strategist Kenny Polcari and Ironsides Macroeconomics managing partner Barry Knapp analyze the markets following slight inflation drop in July’s CPI report.
Rivian shares rise, inflation check and more: Friday's 5 things to know
Investors will be looking closely at the third and final inflation report in the form of import & export prices for July.
US economy remains one of the ‘most resilient’ in the world despite ‘headwinds’: BNP Paribas USA CEO
Jean-Yves Fillion, BNP Paribas USA CEO, detailed the economic "headwinds" facing his bank and other companies amid an inflationary environment and the conflict overseas.
Coinbase to keep close eye on expenses amid crypto winter
Coinbase expects to operate at a $500 million loss during a crypto winter assuming no meaningful deterioration in the industry's market capitalization or significant behavioral changes in its customers.
Retail prices, Sweetgreen plunges and more: Wednesday's 5 things to know
Investors will closely be watching for the release of the latest inflation numbers in the form of July's report on consumer prices. Earnings season will also continue Wednesday.
Coinbase reports loss amid crypto turmoil, shares fall
Coinbase shares fell in after-hours trading after the crypto exchange reported a loss for the second quarter. The company expects trading volumes in the current quarter to fall further.
Fed considers full-percentage point rate hike, CPI, PPI, earnings reports and more: Tuesday's 5 things to know
Traders should keep their eyes on several major topics for Tuesday including July's positive job report that may force the Fed to consider hiking interest rates a full-percentage point.
Tyson raises prices of chicken as demand shifts from expensive beef cuts
Tyson Foods reported that it had strong demand in its chicken category as well as cheaper cuts of meat, such as breakfast sausage and bacon, as grocery prices continue to rise.