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Well-Known Angler
Coach's parent Tapestry is spending $8.5 billion to buy the owner of Michael Kors
Another big deal in the luxury goods space.
The stock market
- Thread starter movetheboat
- Start date
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Well-Known Angler
Stock futures climb as inflation slowdown pauses: Stock market news today
Stock futures rose Thursday as the July US inflation report showed prices increased more than in June, crucial to the Federal Reserve's decision making about when to pull back on hiking interest rates.
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Well-Known Angler
Rising oil prices are about to become a problem for the stock market: Morning Brief
While investors may be cheering a benign report, there are signs that the volatile energy components are inflecting up again.
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Well-Known Angler
Stocks trade muted in wait for fresh inflation data: Stock market news today
Stock futures wavered around the flatline on Friday, as markets waited for fresh inflation data to provide insight into the Fed's next move.
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Well-Known Angler
Stocks, Bonds Fall as China Rate Cut Deepens Gloom: Markets Wrap
(Bloomberg) -- Stocks and bonds declined as concern grew that China’s faltering recovery and debt problems will spread to the global economy. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to...
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Stocks open lower amid China woes, while US consumer stays healthy: Stock market news today
A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.
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Target slashes profit outlook on student loan repayment fears and economic malaise
Target warns on its outlook again as consumers seek out better deals at the likes of Walmart.
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US Futures Waver Before Fed Minutes; Pound Climbs: Markets Wrap
(Bloomberg) -- US equity futures fluctuated before the Federal Reserve releases minutes from the last policy meeting. A selloff in Chinese assets deepened. Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTycoon’s Fortune Soars $39...
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VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors
(Bloomberg) -- VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. and Ford Motor Co., as traders flipped shares of the electric-vehicle maker.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push...
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Fed meeting minutes could hint at end of rate hikes
The minutes of the Federal Reserve's policy meeting last month may indicate on Wednesday how many policymakers feel the U.S. central bank is done raising interest rates and whether possible risks to the economy from the aggressive monetary tightening have taken on more weight in their debate...
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Well-Known Angler
In panic mode after ruble plunges below a penny, Russia rescues Vladimir Putin from humiliating currency collapse with emergency hike
The currency has now surrendered all of its gains from last year to plumb depths not seen since an investor panic in the early days of the war.
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Well-Known Angler
Stocks mixed as treasury yields near 2007 peak
US equity futures hinted at recovery from Wednesday’s retreat, even as a selloff intensified across bond markets worldwide.
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Not all Fed officials wanted to raise interest rates in July, minutes show
Most Fed officials remained concerned about "significant upside risks" to inflation, implying more rate hikes are possible, but some urged caution.
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Well-Known Angler
'Big Short' investor Michael Burry's new bets against the S&P 500 and Nasdaq-100 are no surprise. Here's why.
Michael Burry has repeatedly sounded the alarm on stocks, and said the passive-investing boom could lead to a worse disaster than the dot-com crash.
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Well-Known Angler
Mixed signals from retail week: Morning Brief
The data says one thing on the economy, but common sense says another.
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Well-Known Angler
Stocks crawl back to close rough week on mixed note: Stock market news today
Stocks continued an August swoon on Friday.
The moves come as investors consider the prospect that interest rates could remain higher for longer after Federal Reserve minutes this week showed the central bank wouldn't rule out further hikes. The next clue on the Fed's next move will come from Chair Jay Powell, who is set to give a speech next Friday at the annual Jackson Hole Economic Policy Symposium.
I have said it before, and now again - I told ya!
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Well-Known Angler
CVS stock tumbles after CA Blue Shield shakeup. Analysts call the move 'nonsensical'
California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.
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Well-Known Angler
Stocks erase steeper losses as rough week comes to close: Stock market news today
Stocks were set to continue an August swoon on Friday.
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Well-Known Angler
Vietnam Tycoon Loses $18 Billion After EV Maker’s Shares Sink
(Bloomberg) -- After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to Earth — erasing a chunk of its billionaire founder’s fortune.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill...
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