Holiday shopping season will face supply chain challenges, expert warns
Craig Fuller recommends to get holiday shopping done sooner than later amid global supply chain concerns.
Risks are not enough to tip the economy: Goldman Sachs personal financial management head
Goldman Sachs personal financial management head Joe Duran on cyclical stocks rallying on consumer sentiment.
Stocks tumble amid Capitol Hill chaos, wrap losing month
U.S. stock indexes cratered on the final day of the third quarter as the Senate reached a deal to avoid a government shutdown and as House Democrats vote on the cornerstones of President Biden's economic agenda.
CarMax slammed by inventory shortages
Inventory shortages are serving as a severe headwind for used-car dealers, according to CarMax Inc.
Smith & Wesson to move headquarters to Tennessee over Massachusetts' proposed gun legislation
Gun maker Smith & Wesson Brands Inc. will relocate its headquarters to Tennessee next year due to proposed firearms legislation in its home state of Massachusetts.
Stocks mixed as bond yields steady
U.S. stock indexes finished mixed Wednesday as jitters in the U.S. Treasury market eased.
Warby Parker surges 35% in opening New York Stock Exchange trade
Warby Parker Inc. shares soared 35% in their opening trade on the New York Stock Exchange.
Micron Technology gives disappointing guidance as supply chain issues impact customers
Micron Technology Inc. shares were under modest pressure Wednesday after the chipmaker issued disappointing guidance due to weaker demand from customers.
Dow slides 569 points, tech-heavy Nasdaq tumbles as Treasury yields spike
U.S. stock indexes tumbled Tuesday as consumer confidence slumped to a seven-month low and Federal Reserve Chairman Jerome Powell expressed concerns over inflation.
Stocks mixed as oil hits 3-year high
U.S. stock indexes were mixed Monday as a critical week kicked off on Capitol Hill.
Boston Fed chief Rosengren to retire early due to health concerns
Boston Fed President Eric Rosengren will retire at the end of September due to health concerns.
Stocks finish mixed after China's Evergrande misses payment
U.S. stock indexes finished mixed on Friday as worries continued to swirl over the fate of embattled Chinese property developer Evergrande.
Olive Garden-parent leans on pasta chain in inflation balloon
Darden Restaurants Inc. is looking for a boost from its Olive Garden chain to help the company navigate the current period of higher inflation.
Dow Jones soars 507 points as investors shrug off Fed tapering signals
U.S. stock indexes continued higher Thursday as investors digested the Federal Reserve’s plans for tapering its asset purchases and raising interest rates.
Sen. Marco Rubio on the dangers of investing in Chinese companies: Not a Biden administration priority
Sen. Marco Rubio, R-Fla., argued on Thursday that the potential dangers of investing in Chinese companies is not a priority for the Biden administration.
How to invest your money on Fed news
State Street Global Advisors senior economist Simona Mocuta and Villere & Co. portfolio manager Sandy Villere discuss the state of the market following Jerome Powell's address.
Dow Jones jumps 338 points as Fed signals tapering, rate hikes
U.S. stocks posted strong gains but finished off session highs Wednesday after the Federal Reserve signaled tapering would likely begin later this year and that interest rate hikes will start in 2022.
Experts react to Fed Powell's statement that inflation is ‘temporary’
Laffer Tengler Investments CIO Nancy Tengler and Wuill Intelligence LLC CEO Danielle DiMartino Booth discuss Chair of the Federal Reserve Jerome Powell's press conference on 'Making Money'
Toast stock surges 63% in first New York Stock Exchange trade
The IPO, which raised $870 million, gave Toast a market value of about $20 billion based on the total number of shares outstanding.
Homebuilders join chorus of supply chain warnings
America’s largest homebuilders are warning that supply chain disruptions caused by COVID-19 are not going away anytime soon.