Category: United States

Consumer confidence in the U.K. unexpectedly improved in August, nearly reversing July’s drop, a signal that pressures on household spending may be easing as inflation ticks down, according to a survey published Friday. Confidence among consumers rose five points to minus 25 this month, from minus 30 in July, according to an index compiled by […]

Dear Quentin, I have $ 2 million in stocks, mutual funds and exchange-traded funds, $ 500,000 in retirement funds and $ 250,000 in cash. I have no debt other than two properties valued at about $ 300,000 each. The mortgage on one is almost paid off, and although the other one has a while to […]

Former President Donald Trump turned himself in at Georgia’s Fulton County jail on Thursday evening, with this latest move in his numerous legal fights standing out in part because it’s expected to yield a mug shot. See: Donald Trump’s mug shot could become ‘the most famous in the world’ Trump’s private plane landed in Atlanta […]

Dear Quentin, My wife and I are retired, with a comfortable income of $ 114,000 per year and $ 2.3 million in IRAs. Our sons are 37 and 35 years old. The older one is an artist who we partially support. He puts about $ 1,000 a month on our credit card, and we send […]

Wall Street is cheering Nvidia Corp.’s blowout results and outlook, but investors aren’t extending that enthusiasm to the company’s peers as the chip sector sells off sharply in the wake of the latest report. Shares of Advanced Micro Devices Inc. AMD, -7.60% were falling 7% in Thursday afternoon trading and sitting among the S&P 500’s […]

Dear Quentin, We are 64 and 66, married 40-plus years and live in Maryland. We are healthy, blessed, and have no debt. We worked hard to maximize our retirement savings, and we now have $ 3 million, and $ 2.5 million in stocks, cash and CDs outside of retirement. We have not applied for Social […]

The numbers: Orders for long-lasting goods rose in July for the third month in row if recent ups and downs at Boeing are set aside, suggesting the struggling industrial side of the U.S. economy may have stabilized. Durable-goods orders increased 0.5% in July if transportation — autos and planes — are excluded. Boeing BA, -0.65% orders […]

A new quality issue has emerged on the troubled Boeing 737 Max aircraft. Supplier Spirit AeroSystems said there’s an issue with elongated fastener holes on the aft pressure bulkhead. Spirit said it has multiple suppliers for the bulkhead, so only some units are affected. Spirit said “based on what we know now, we believe there […]

The first Republican presidential primary debate for the 2024 race was … chaotic. The eight candidates fed on the energy of the raucous Milwaukee audience, which repeatedly drowned out the candidates with cheers and jeers as the White House hopefuls sparred over Donald Trump (who skipped the debate to do an online interview with Tucker […]

Netflix Inc.’s stock surged more than 3% on Wednesday after a bullish note said the video-streaming giant has a “clear path” to jacking up revenue. Oppenheimer analysts said average revenue per membership will accelerate as the company NFLX, +3.48% hauls in ad sales through a new service, raises subscription prices and cracks down on password […]

Boeing BA, -0.65% said it has secured a multibillion-dollar aircraft order from Australian carrier Qantas Airways QAN, +1.30%. The aerospace giant said Qantas has selected its 787 Dreamliner aircraft line to renew its fleet and selected four aircrafts from the 787-9 model and eight from the 787-10 model. The new order, part of Qantas’s major […]

Snowflake Inc. broke from its pattern of outlook cuts Wednesday afternoon as it kept its forecast for the full year steady, and its shares were moving higher in the aftermarket. The company reported a fiscal second-quarter net loss of $ 227 million, or 69 cents a share, compared with a loss of $ 223 million, […]

What’s today’s hottest culinary accessory? It could be a straw shaped like a hot dog. Oscar Mayer announced earlier this week that it was offering such an item as a promotional giveaway, with those interested in receiving one being advised to go to a web page to pre-order. A company spokesperson said the initial allotment […]

Here are some of the biggest movers of the day: Stock gainers: Nvidia shares NVDA, +2.21% rose 2%, ahead of its eagerly awaited results after the close. Cathie Wood’s ARK Invest sold stock in the graphics chip maker on Tuesday, according to a fund disclosure. Netflix Inc.’s stock NFLX, +4.75% rose 5.6% to lead S&P […]

The chief executive of NatWest who resigned after leaking misleading information about Nigel Farage will make at least £2.4 million ($ 3 million), a filing released Wednesday showed. Alison Rose will make her salary of £1.16 million, along with a fixed-share allowance of £1.16 million in NatWest shares, which is released each year over five […]

Bond yields fell on Wednesday after data showed weakening economic activity in Europe. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y fell 4.7 basis points to 5.010%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Y retreated 6.4 basis points to 4.265%. The yield on the 30-year Treasury […]

SYDNEY — The Australian economy continues to cool quickly with Judo Bank’s purchasing managers index for August showing a marked decline. The Judo Bank Flash Australia composite PMI output index posted below the 50.0 no-change mark in August, falling to 47.1 from 48.2 in July, to indicate a solid reduction in private sector activity. The […]

UPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike of 340,000 United Parcel Services workers. The Teamsters said 86.3% of members voted for the “historic” deal, saying it was “the highest vote for a contract in the history of […]

Republican presidential candidates taking the debate stage Wednesday night have questioned the severity of climate change, with at least one White House contender calling global warming a “hoax” in a summer that saw wildfire smoke and extreme heat stifle large swaths of the country. Read: What is a heat dome? There’s one roasting Texas and […]

Did a group of traders in rapidly expiring options recently drag the S&P 500 lower in the final hour of trading? Or has the influence of this booming corner of the options world been exaggerated? A team of equity-derivative strategists at Bank of America BAC, -2.44% Global Research think it is the latter. In a […]