S&P sets record, oil tops $75 as second half kicks off
U.S. equity markets battled higher Thursday and oil hit its highest level in almost three years as the second half of the year got underway.
Worry about your portfolio, not Washington: Expert
SlateStone Wealth Chief Strategist Kenny Polcari, Mayflower Advisors Managing Partner Larry Glazer and Walser Wealth Management Rebecca Walser on investing advice, reopening the economy, and staying in the markets.
Walgreens administered 25M COVID-19 vaccines, sees pace slowing
Walgreens administered 25M COVID-19 vaccines and tells investors the pace will slow in the coming weeks and months.
S&P rallies to record as first half winds down
U.S. equity markets were mixed Wednesday as markets barreled toward the end of the first half of the year.
America is on an 'economic growth pattern' not seen in decades: Bob Doll
Crossmark Global Investments CIO Bob Doll on the future of consumer spending and the growth of the American economy.
Fed policy is biggest issue facing markets today: Economist
University of Maryland economist Peter Morici, Payne Capital Management senior wealth adviser Courtney Dominguez and Belpointe chief strategist David Nelson provide insight into the U.S. economy, housing and today’s markets.
'Markets are on fire' but could pull back this summer: Stifel CEO
Stifel Financial Chairman and CEO Ron Kruszewski on the markets and unemployment.
Jobs report, Bed Bath & Beyond earnings and Krispy Kreme IPO top week ahead
The jobs report for June will give investors a fresh look at the state of hiring in the U.S.
S&P books record as Fed's preferred inflation measure surges by most since 1992
The S&P 500 rallied to a record high Friday as investors grappled with the hottest annual reading of the Federal Reserve's preferred inflation measure in nearly 30 years.
Nike stock soars to record as US sales boom
Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.
Walmart's new AI predicts grocery substitutes for shoppers
Big-box retailer Walmart is using artificial intelligence to aid customers and personal shoppers and better handle still-surging online demand for groceries amidst the COVID-19 pandemic.
Nike swishes to a record $12B in quarterly sales
Nike Inc. posted record quarterly sales, topping $12 billion for the first time in its history, on pent-up U.S. consumer demand for sneakers and sportswear this spring.
Carnival loses $2B as ships remained grounded
Carnival Corp. lost more than $2 billion in the second quarter as prolonged cruise suspensions caused by COVID-19 paralyzed its business.
Nasdaq climbs to second straight record, Dow, S&P little changed
U.S. equity markets ended mixed as investors continued to assess the Federal Reserve’s views on inflation.
First-time gun buyers driving sales
Jeff Regnier of Kee Firearms & Training discusses how new gun owners are driving sales ahead of President Biden delivering remarks on rising crime rates.
Inflation is temporary, put new stocks to work: Market expert
Commonwealth Financial Network CIO Brad McMillan discusses Federal Reserve Chairman Jerome Powell's statement that inflation is temporary and his outlook for the markets.
Amazon Prime Day, GameStop's Russell fate, Nike earnings top week ahead
Amazon Prime Day, Fed’s stress tests, and Nike, FedEx earnings dominate the week ahead for investors.
Traders ‘leaning on everything the Fed is saying right now’: Wealth adviser
Bubba Trading chief strategist Todd Horwitz, Payne Capital Management senior wealth adviser Courtney Dominguez and The Fitz-Gerald Group Principal Keith Fitz-Gerald on Reddit investors, the Federal Reserve and today’s markets.
TikTok owner ByteDance’s annual revenue jumps to $34.3 Billion
ByteDance Ltd., the owner of popular short-video app TikTok, told employees that its revenue last year more than doubled to $34.3 billion, underscoring why the Chinese technology giant is one of the world’s hottest startups.
Stocks tumble as Fed keeps policy on hold, raises inflation outlook
U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.