The group of elite megacap stocks isn’t outperforming its S&P 500 peers for the first time in nearly two years, according to BMO.
The U.S. added 818,000 fewer jobs than previously reported from the spring of 2023 to the spring of 2024, indicating that the labor market began to cool off earlier and faster than it appeared at the time.
Yields on U.S. government debt were mostly lower Wednesday morning, after a sizable downward adjustment to the government’s annual payrolls figure.
“I’ll likely end up with over a $1 million student-loan balance, but I don’t want to give up that additional source of income.”
The U.S. added 818,000 fewer jobs than previously reported from the spring of 2023 to the spring of 2024, indicating the labor market began to cool off earlier and faster than it appeared at the time.
Oil futures hovered near unchanged Wednesday morning, consolidating as investors awaited official data on U.S. crude inventories after a three-day losing streak that took crude to two-week lows.
Macy’s Inc.’s stock M fell 8% early Wednesday, after the department-store chain missed sales and same-store sales estimates for its fiscal second quarter and lowered its full-year guidance, citing a still-stressed consumer.
The job isn’t finished until the paperwork is done
U.S. sales by Chinese online platforms could soar to $40 billion in 2024 from $15 billion last year.
If the Fed cuts rates more than expected or hikes them, these stocks have you covered.
The euro has been on a roll even as European data has been underwhelming.
Target’s stock rocketed Wednesday, after the discount retailer reported a triple beat for its fiscal second-quarter and raised its full-year profit outlook, citing “meaningfully” improving trends across discretionary categories.
Mortgage applications fell 10.1% in the last week, the Mortgage Bankers Association said.
JT, which makes and sells some of the best-known cigarette brands — including Winston and Camel outside the U.S. — will pay $15 a share in cash, equal to a 29.9% premium over Vector’s 60-day volume-weighted average share price.
