Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:54
Futures subdued ahead of more megacap earnings, employment data
U.S. stock index futures were little changed on Monday as investors awaited earnings from more megacap companies and
2023-07-31 18:28
The case for a soft landing is slowly but surely building
After months of uncertainty about the economy's health and whether bank stresses from this past spring would weigh too heavily on credit conditions, the possibility of the Federal Reserve pulling off a soft landing is looking brighter.
2023-07-30 19:57
Hopes of 'Goldilocks' economy, rate peak buoy US stocks
By David Randall NEW YORK A resilient U.S. economy and expectations of a nearing peak in the Federal
2023-07-29 06:15
Tupperware shares are up 140% this week as meme stock mania takes hold
The meme traders are back. Shares of Tupperware have exploded by about 140% this week and nearly 300% over the last month for no discernible reason.
2023-07-29 01:52
Why is the US dollar losing its shine?
The US dollar's decline has gained speed this month as investors pare back their interest rate expectations.
2023-07-28 19:25
Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's third-quarter revenue
2023-07-28 18:50
Wall Street futures rise ahead of inflation data; chip stocks rally
U.S. stock index futures rose on Friday, setting Wall Street on course to end a data- and earnings-heavy
2023-07-28 18:18
China Evergrande's EV unit shares plunge 69% after 16-month halt
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading
2023-07-28 10:51
Tupperware's stock extends recent rally, up 300% in 5 trading days
By Caroline Valetkevitch NEW YORK Shares of home and kitchen product maker Tupperware extended their sharp, unexplained gains
2023-07-28 03:26
The Dow is on pace to do something today it hasn't done since 1897
The Dow is on pace for its best run in 126 years.
2023-07-27 23:23
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:56