Target might need to raise prices nearly twice as much as Walmart to cushion tariff impact, analysts say
BofA analysts downgrade Target, saying the retailer is “underperforming peers on sales, digital growth, and investments.”
‘I’ve been kept in poverty by social-services benefit cliffs’: Do I take a $70K job at 74 and lose my Section 8 housing allowance?
“After the age of 50, I really only had sporadic contract work and I had to sell my house.”
Dow hits fresh record high as Warren Buffett gives Wall Street a brief upward nudge Friday
The Dow on Friday notched its first intraday record high of this year, riding a wave of market optimism and a timely push from the Oracle of Omaha.
Standard Chartered’s stock is slumping as a Republican lawmaker calls for a probe
Standard Chartered shares slumped on Friday after a lawmaker close to the Trump administration requested that the Justice Department probe the bank over alleged sanctions violations.
Standard Chartered’s stock is slumping as a Republican lawmaker calls for a probe Read Post »
Why Applied Materials’ latest earnings have investors so spooked
Analysts wonder if China’s recent “overspending” on chip equipment is coming to a halt — and if the company is losing market share to rivals.
Why Applied Materials’ latest earnings have investors so spooked Read Post »
Car buyers rev up U.S. retail sales in effort to beat tariff price hikes. Economy is still growing.
Sales at retailers rose solidly in July for the second month in a row, but the increase in spending appeared to be a double-edged sword: Americans are still confident enough in the economy to spend, but they are also paying more because of higher inflation.
Berkshire Buys the Dip on UnitedHealth Group Stock. Should You?
Buffett & Co. picked up UnitedHealth stock on the cheap, with the embattled blue chip one of the newest holdings in the Berkshire Hathaway equity portfolio.
Berkshire Buys the Dip on UnitedHealth Group Stock. Should You? Read Post »
Energy traders have already baked Alaska into the price, says BofA strategist. What could come next.
Strategist notes S&P 500 price-to-book at record high, that Fed rate cuts threaten the dollar, and that energy bear market could get worse.