Nov 26, 2024 | Markets
Shoppers were distracted by the election, CEO Barry said After a boom during the pandemic, customers have pulled back Best Buy Co. cut its full-year guidance on sluggish demand for electronics and appliances, a sign of trouble for the retailer looking to pull off a...
Nov 25, 2024 | Markets
Russell 2000 rises 1.5%, nearing first record in three years ‘You can’t fight the tape’: Stock Trader’s Almanac’s Hirsch Traders bought into the riskiest parts of the stock market Monday, with the small-capitalization Russell 2000 Index leaping 1.5% to come within a...
Nov 22, 2024 | Markets
US Treasury market is closed until Monday morning in Asia Trump nominated hedge fund chief as Treasury Secretary Friday Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming...
Nov 22, 2024 | Markets
Persistent inflation no longer top concern, Fed survey shows Fed releases its semi-annual financial stability report The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a Federal Reserve survey....
Nov 22, 2024 | Markets
University of Michigan final November sentiment at 71.8 Views diverged sharply between Democrats and Republicans US consumer sentiment rose in November by less than previously reported, reflecting deep divisions among Republicans and Democrats about the path for the...
