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The numbers: Sales at retailers rose 0.3% in May and showed surprising resilience, underscoring the durability of the current U.S. economic expansion. Sales had been forecast…
Kroger Inc.’s first-quarter earnings scheduled for release early Thursday may enjoy a boost from the company’s pharmacy business, according to BMO Capital Markets. Analyst Kelly Bania…
The S&P 500 cleared a number of key levels this past week. Michael Nagle/Bloomberg Nothing can stop the stock market—not even the Federal Reserve. Don’t expect…
A growing number of businesses, universities and government agencies have been targeted in a global cyberattack by Russian cybercriminals and are now working to understand how…
As Cava makes its public debut Thursday, other restaurant companies will be watching closely while they decide whether to follow in the Mediterranean restaurant chain’s footsteps.The…
Sports gambling powerhouse DraftKings has made a $195 million, all-cash offer for PointsBet’s U.S. assets, it said on Friday, topping an earlier bid by Fanatics.Fanatics in…
The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this year. In…
First Solar stock price jumped almost 3.5x from $56 at the end of 2019 to $193 currently, primarily due to favorable changes in its P/S multiple.…
Given the runup in AI-related valuations, separating the real deal from companies that are merely AI wannabes is critical. The first few things to consider are,…
WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for the…