A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …
GameStop reports lower revenue and sharp drop in cash Read More »
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
(Maurie Backman) If you’re a retiree struggling to make ends meet in the face of inflation, you’re definitely in good company. The cost of living has skyrocketed over the past year and although inflation is showing signs of easing, much progress still needs to be made before people see any noticeable relief. You might especially …
On social security and the return to work? Prepare for that unwanted surprise Read More »
Slatestone Wealth Chief Market Strategist Kenny Polcari Provides Stock Market Outlook as Federal Reserve Slows Rate Hikes and Warns Consumers of Black Friday Retail Discounts on “Varney & Co.” This week kicks off with Cyber Monday in a year when retail has been hit hard by inflation. Investors will keep an eye on online retail …
Fed speeches, Cyber Monday and retail earnings will top the week ahead Read More »
| Jeffrey Greenberg/Universal Images Group via Getty Images Key points to remember As the housing market slows, more homeowners are choosing to upgrade their current home. Online sales and purchases of $500 or more continue to rise for Lowe’s. The company is striving to improve its efficiency and market penetration to help grow its business. …
Lowes stock rises after earnings, despite falling housing market Read More »
This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday by 6:30 a.m. ET. Subscribe Wednesday, November 23, 2022 Today’s newsletter is from Sam Rothe author of TKer.co. Follow him on Twitter at @SamRo. Read this and other market news wherever you are with Yahoo …
Former U.S. Transportation Secretary Elaine Chao wants the current Sec. Pete Buttigieg “good luck” in finding a solution to the impending strike of the railway workers. Here are the key events happening on Tuesday this could have an impact on trade. RETAILER REVENUES: A busy morning ahead for retail revenue, with Best Buy, Dollar Tree, …
Earlier this fall, vintage watch dealer Eric Wind was concerned about the state of his industry. Pre-owned watches have posted record performances since 2020, with the most sought-after pieces – such as the Rolex Daytona and the Patek Philippe Nautilus 5711 – trading at three or four times their retail price at their peak this …
(Bloomberg) – U.S. stock futures fell as China may tighten Covid restrictions after a string of reported deaths as investors seek refuge in the dollar. Bloomberg’s Most Read The S&P 500 and Nasdaq 100 contracts both fell at least 0.3%. Chinese stocks fell in U.S. premarket trading as traders weighed whether China’s reopening could face …
US futures slide on Covid fears in China; Earnings in Dollars: Market Recap Read More »
